New investor at Accelia Capital

(Image: courtesy)

Venture capital fund Accelia Capital announced yesterday that Export Development Canada (EDC) will raise $5.6 million. With this investment by EDC, the fund now reaches 60 million.

Accelia Capital invests “in innovative companies with high technological potential and prioritizes women-owned companies”. It was founded just over a year ago by Christine Beaubien and Annick Charbonneau, two technology entrepreneurs.

“EDC’s mission to help Canadian companies grow internationally is a perfect complement to Accelia Capital’s value proposition of putting its financial and human capital at the service of the success of its portfolio companies. This new partner is a great asset to help young companies conquer global markets,” said Annick Charbonneau.

“The participation of a big partner like EDC […] confirms the value of our mandate to give more support to innovative companies, particularly those led or managed by women,” commented Christine Beaubien.

Since its inception, around twenty influential business women have invested in Accelia Capital, which ultimately aims to have 70% of its portfolio companies owned or managed by women.

Tyrone Hodgson

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