Accelerate Fund recognized as Tech Investor of the Year at 2022 Start Alberta Tech Awards
Left to right: Melania Antoszko, Accelerate Fund; Kristina Williams, Alberta Enterprise Corporation; Yasmine Al-Hussein, Accelerate Fund
Calgary, AB, November 17, 2022 – Every year, the Start Alberta Tech Awards recognize one investment firm that has demonstrated standout acumen over the last 12 months. This year, on November 17, Accelerate Fund was thrilled to receive the Tech Investor of the Year award for 2022, presented by Kristina Williams, CEO of Alberta Enterprise.
Accelerate Fund supports the growth of early-stage Alberta technology companies with a venture capital fund that matches angel investment. Accelerate Fund investments in 2022 included Truffle, Areto Labs, Virtual Gurus, Helcim, and Syantra as well as follow-up investments in Userful and PayShepherd. Accelerate Fund also won the Tech Investor of the Year Award in 2018.
“We are helping to foster the growth of Alberta’s technology ecosystem and the sector overall as we support founders and companies to grow right here in Alberta,” said Yasmine Al-Hussein, Associate, Accelerate Fund III. “We also hope to elevate Alberta’s name to the international stage, not only as a place of investment opportunities but as a place to build your business.”
The award winner is selected based on the number of tech deals, amount of capital invested, and number and dollar amounts of impact in Alberta for the year. Preference is given to those with a strong history of investing in Alberta and who have significantly impacted the growth of Alberta’s tech ecosystem.
About The Accelerate Fund III
Accelerate Fund III is an early-stage angel co-investment fund in Alberta. We co-invest alongside angel investors in financing rounds and will typically invest up to $500,000 on the same terms and conditions as private investors. We work with formal angel groups, super-angels, family funds, and individual angel investors. Accelerate Fund III invests in private, early-stage Alberta companies in knowledge-based industries including: information and communications technology, energy technology, as well as life sciences, including agriculture and biotech. Accelerate Fund III is managed by Yaletown Partners with the support of The A100. Alberta Enterprise Corporation is Accelerate Fund III’s lead limited partner with support from other investors, including Opportunity Calgary Investment Fund.