According to the National Angel Capital Organization, 29 angel groups across Canada invested $89-million in 199 startup businesses last year. That’s up 120% from 2012 when $40.5-million was invested. Karen Grant, executive director of the Angel One Investor Network in Oakville, Ont., has seen a strong uptake on good quality applications firsthand.
“The money is out there. Not only are the number of investments going up year over, but the round size is also increasing,” she says. “Investors are putting more money in year over year. The right companies are getting the funding they need.”
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