NEXT INVESTOR DINNER
We will be hosting our next investor dinner on Wednesday, April 18. Would you like to bring a guest as a potential member? Please contact Terry Kadwell. We are looking to expand our group in 2018!
ONGOING DEAL UPDATES
Smarter Sorting Closes Deal with RTP Ventures
NAN investee company Smarter Sorting officially closed a $2.5 million investment with RTP Ventures, the lead investor in their current round of funding. To date they have raised $5.3 Million total and $2.9 Million in this round alone. Congratulations to founders Chris Ripley and Charlie Vallely for this milestone.
BoomersPlus Within Reach of Fundraising Goal: Ontario Expansion On Its Way
Thanks to an injection of funds from the founders, the Niagara Angels and others, BoomersPlus is now within $130,000 of reaching its $700,000 goal. Innovacorp, which is a Nova Scotia funded corporation that buys into start-ups has offered an equity purchase of $350,000. In turn, BoomersPlus is expected to raise $700,000 in new funds to match Innovacorp’s contribution.
This funding will provide the runway for Ontario expansion.
In a unanimous show of support, the Board of Boomers pledged to cover whatever is required to close the round 3-4 weeks before the May 31stdeadline. The round will raise in excess of $1 million.
Interested in learning about the deal? Read More
Niagara Entrepreneur of the Year Awards Gala
NAN was pleased to attend the Niagara Entrepreneur of the Year Awards Gala held February 23rd at the White Oaks Resort and Spa. It was a fantastic evening showcasing the best and brightest in Niagara. We would like to congratulate Larry Boggio from Boggio Pharmacies as this year’s recipient of the Community Contribution Award as well as Len Pennachetti, Cave Springs Cellars for the Lifetime Achievement Award.
INVESTMENT MEETING RECAP
April 18, 2018
May 30, 2018
June 27, 2018
Niagara Angels Invited to Joint Investment Event
Have you made any plans for May 23, 2018? Angel Investors Ontario & YPO are hosting the 2nd Annual Joint Angel Investment Event in downtown Toronto, bringing together Angels from across Ontario & neighbouring US states to network with like-minded professionals, enhance investment skills & learn best practices. Visit www.angelinvestorsontario.ca for regular updates. Registration opens soon.
First Look Angel Investment Meeting: 20 Companies to Network with Niagara and GTA Angel Groups
Members of the Niagara Angel Network are again invited to the First Look Angel Investment meeting to be held Wednesday, May 30 from 7 pm to 10 pm at Mississauga City Hall. Up to 20 high-potential early stage companies will be selected by 5 regional innovation centres including Innovate Guelph, Innovation Factory, Innovate Niagara, Haltech and the RIC Centre. This is a great opportunity to engage with other Angel investors throughout southern Ontario.
Please register by clicking on the link below: