Archangel completes first close of $10 million to support early-stage Canadian tech startups
Waterloo-based angel investor network Archangel has announced its first close of $10 million CAD. The Archangel Network of Funds consists of a group of funds founded by a collection of Canadian “superangels” and venture capitalists from the Toronto-Waterloo corridor. Archangel currently serves as the shared back office for three angel funds: Adrenaline, Axion and StarForge—each of which has a different thesis and set of general and limited partners. Collectively, these three funds have raised $10 million. Archangel was initially launched last April in response to COVID-19. Archangel aim...
Source: betakit.com