The National Angel Capital Organization released its annual Angel activity report. The report, which is based on a survey of 30 Angel groups across Canada, reveals that these groups made 237 investments in 181 companies, amounting to $90.5 million, with an additional $110.4 million of funding leveraged into the investments.
“We’re deeply encouraged by the results of this year’s report, which shows that the increasing connectivity of our member Angels is helping to provide Canadian companies with the capital they need to continue growing locally.” Yuri Navarro, NACO Executive Director

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