Accelerate Fund III announces Melania Antoszko as new Calgary-based Investment Analyst
CALGARY, AB – January 11, 2022 – Yaletown Partners, the team co-managing Alberta’s Accelerate Fund II and III, today announced Melania Antoszko as its new Calgary-based Investment Analyst. This news follows the announcement that Accelerate Fund III has grown to $23 million.
“As we’ve grown the size of the Accelerate Fund, we need new analysts on our team to help discover and evaluate new companies, as well as providing growth support to the many Alberta startups we’ve invested in,” said Arden Tse, Accelerate Fund Investment Manager, Yaletown Partners. “Melania has experience evaluating early-stage VC investments as well as strong expertise on diagnostics, and we’re excited to welcome her to our team.”
Prior to joining Yaletown, Melania was a Venture Fellow with DigitalDX Ventures contributing to fundraising, deal flow data and financial modelling. She also has experience in market and industry research including with Edmonton Economic Development Corporation.
“I have always had an interest in technology startups and found it fascinating to conduct market research related to the best use of venture capital during my internships,” explained Melania Antoszko, Accelerate Fund Investment Analyst, Yaletown Partners. “I am thrilled to be able to apply my finance and analytical skills to grow Alberta’s startup community with Accelerate Fund.”
“With Melania on our team, we have more reach into the Calgary community and a bigger local presence to build and deepen relationships with diverse entrepreneurs and co-investors,” added Yasmine Al-Hussein, Investment Analyst with Yaletown Partners. “As our fund grows, we’re committed to realizing the greatest growth impact possible for Alberta.”
Startups headquartered in Alberta with customer traction and some revenue can apply for co-investment funding from the $23-million Accelerate Fund III. The Accelerate Fund III is co-managed by Yaletown Partners and The A100 from Edmonton and Calgary. The Fund provides an alternate source of financing to foster the growth of Alberta technology companies that aren’t yet venture capital ready. Alberta Enterprise Corporation is Accelerate Funds’ lead limited partner with $15 million invested in the fund, while the Opportunity Calgary Investment Fund (OCIF) has contributed $6 million and additional $2 million is committed from private investors in Alberta.
About 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 $250,000 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. www.acceleratefund.ca
Accelerate Fund III
Claudia Moore, Material Insight