AngesQuébec, a collective of Québec-based angel investors, announced this week a new fund named “Fond Capital Anges Québec”, along with Raymond Bachand Finance minister. The QC government is putting $20 million into the fund, through Investissement Québec, and the rest is to be provided by AngesQuébec’s members.
AngesQuebec invests in innovative companies, from technology, IT, to biotech and pharma. It offers its members to pool funds and make joint decisions about the best ventures in Québec, but angel investors can also choose to be solely responsible of their investments and only use AngesQuebec for the business networking opportunity.
For technology entrepreneurs, AngesQuebec announced recently investments in ArtFox and Topvoice (aka webdweller). If you are looking for funding, read more about their process and investment criteria here (it’s possible to submit an application online)
The announcement also highlighted that AngesQuebec will still keep the same policy, i.e. investing in very early-stage or early-stage companies, with the funding only giving them the resources to invest in more ventures. Overall, it’s good news for entrepreneurs, who should view AngesQuebec as one of their first priorities when looking for investment.
