Accelerate Fund II, the Alberta based early-stage angel co-investment fund, to be managed by Yaletown Partners and the A100
EDMONTON, November 17, 2016 — Alberta Enterprise announced today that is has launched a second early-stage angel co-investment fund, Accelerate Fund II, with a $10 million investment. Accelerate Fund II will provide local entrepreneurs with a great new resource for startup capital. Managed by Yaletown Partners, Accelerate Fund II will continue to haven The A100 act as the operators of its industry committee.
This investment from Alberta Enterprise will help to finance early stage mobile ventures
EDMONTON, November 3, 2016 — Alberta Enterprise Corporation announced today that it has invested $10 million USD as a limited partner in Relay Ventures Fund III Limited Partnership. Relay Ventures raised close to $150 million USD for its third venture capital fund focused on the early stage North American mobile venture space, including mobile software, hardware, services, and content.
Alberta Enterprise Corporation invests $5 million with Avrio Capital
Alberta Enterprise makes first investment after new capital allocation
EDMONTON, February 8, 2016 — Alberta Enterprise Corporation announced today that it has invested $5 million as a limited partner in Avrio Ventures III, a $108 million agriculture and food technology venture capital (VC) fund based in Calgary.
The Government of Alberta announced a new round of investment to the organization to further support the development of the provincial VC and technology sector
EDMONTON, October 30, 2015 — Today the Government of Alberta announced that $50 million has been appointed to Alberta Enterprise Corporation. The investment will be allocated to Alberta Enterprise Corporation (AEC) over the next two years – $25 million each year – and will be used to continue to attract and drive venture capital (VC) investment in start-up and early-stage technology companies in the province of Alberta. This new round of investment will help the province to continue building a sustainable technology industry.
Oct. 8, 2015, Edmonton, AB – Alberta Enterprise Corporation (AEC) and President and CEO Kristina Williams both received accolades in this year’s Startup Canada Awards. AEC received the regional award for Entrepreneur Support, while Williams was recognized as one of two Prairies winners of the award for Entrepreneur Promotion.
EDMONTON, April 8, 2015 — Alberta Enterprise Corporation today announced that it has invested $10 Million as a limited partner in McRock iNFund, a venture capital (VC) fund focused exclusively on the Industrial Internet of Things (IIoT) market.
EDMONTON, Sept 23, 2014
Alberta Enterprise Corporation today announced that it has appointed Interim Managing Director, Kristina Williams, as President and CEO. Williams has been with the company for five years and has an extensive background in the technology industry.
Angel co-investment fund launched as new source of capital for Alberta’s start-up and early-stage technology companies
EDMONTON and CALGARY, November 14, 2012 — Alberta Enterprise today announced that it has invested $10 million as a Limited Partner in the new Accelerate Fund, an angel co-investment fund. This Fund will expand the available capital for start-up and early-stage companies across all technology sectors.
EDMONTON, July 24, 2012 — Alberta Enterprise Corporation today announced that it has invested $6 million as a limited partner in Avrio Ventures II, an Alberta venture capital fund that invests in later-stage food and agricultural technology, including bio-products, nutraceutical ingredients and food technology companies.
EDMONTON, July 19th, 2012 — Alberta Enterprise Corporation today announced that it has invested $10 million as a limited partner in 32 Degrees Energy Technology Fund, a Calgary-based venture capital fund that invests in early-to-later stage Canadian energy technology related opportunities.
EDMONTON, July 17th, 2012 — Alberta Enterprise today announced that it has invested US$10 million as a limited partner in Azure Capital Partners III, a venture capital fund that invests in early-stage information technology companies. With headquarters in San Francisco and an office in Menlo Park, California, Azure Capital brings its extensive connections from Silicon Valley to Alberta-based technology startups. The fund will hire an Alberta-based investment professional to cover investment opportunities across Canada.
July 9, 2012
Dear Friends and Colleagues,
On behalf of the Board of Directors and the entire team at Alberta Enterprise Corporation, I want to thank you for the overwhelming support you have shown during the sudden and unexpected loss of our CEO, Rod Charko. These past few weeks have been a time of grieving, as Rod was a friend as well as a respected colleague. Your heartfelt condolences have been appreciated by us all.
June 1, 2012 – Alberta Enterprise today announced a US$15 million investment in EnerTech Capital Partners IV. This latest fund from EnerTech Capital invests in early- to growth-stage companies that use innovative technologies to improve the production or consumption of energy. This latest investment leverages Alberta’s traditional strength in the energy industry, as well as EnerTech’s 15 years of experience in the energy and clean technology sectors.
December 16, 2011 – iNovia Capital has raised $110 million for its third fund, iNovia Investment Fund III L.P. (“iNovia III”). “The fund will build on our current strategy of backing exceptional founders and management teams transforming the Internet, Digital Media and Communications industries.” said Chris Arsenault, Managing Partner. “We have benefited from the support of top institutional and value added individual investors many of them return investors. In prior funds, these investors have enabled us to invest in some of the more important companies in the sectors we focus on. From this base, we can leverage the network we have built over the years to make impact investments and help grow these companies thereafter wherever they are located.”