Funding for Alberta startups
Accelerate Fund supports the growth of early-stage Alberta technology companies with a venture capital fund that matches angel investment. We are currently seeking qualified companies for the $15-million Accelerate Fund III. The original $10-million Accelerate Fund I and Fund II are fully invested in these forward-looking businesses.
Some of the greatest value we get from the Accelerate Fund team is the “sanity checks.” Lots of successful investors in Alberta have a history in energy, fewer have done it in technology. The Accelerate Fund team provides immediate, experienced perspective.
We bootstrapped until we needed to fund more rapid growth. We got to know Accelerate Fund in the Edmonton tech community. We knew they were smart, connected, good people with a reputation for growing Alberta companies.
We chose investment from Accelerate Fund both for the smart guidance from the experienced team, and because of Accelerate Fund’s strong reputation with other investors. We want to grow wisely, and set the stage for future investment.
We feel it’s important to have strong prairies-based investment as we build our company here. We hope to build another major win for the local tech ecosystem.