Austin has one of the nation’s most active angel networks through the Central Texas Angel Network, known as CTAN. Last year, CTAN, with 100 members, invested about $8 million in 28 companies, including 13 new companies and 15 portfolio companies. Every angel investor is doing it because they are passionate, said Michele Skelding, a CTAN member and angel investor. She spoke at the RISE Lunch & Learn panel Tuesday on Angel & VC Funding at the AT&T Executive Education and Conference Center in Austin.
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