Over the past year, Alberta Enterprise committed an additional $15 million for investment in two funds, including: CAD $10million in the Yaletown Innovation Growth Fund Limited, which focuses on Series A and later stage investments in companies enhancing sustainability and productivity for industrial and enterprise customers, and CAD $5 million in Panache Ventures Investment Fund 2018, which focuses on seed stage investments in ICT and other sectors.
Throughout the year, Alberta Enterprise’s investment team continued to monitor and report on the Corporation’s limited partnership investments. These include:
Accelerate Funds I and II – angel co-investment funds targeting Alberta technology companies, with initial investments focused on seed and early stage companies.
Avrio Ventures II and III – focused on innovative food and agriculture companies, with initial investments targeting Series A, and beyond, stage companies.
Azure Capital Partners III – focused on the information technology sector, with initial investments targeting post-seed stage companies as well as Series A and beyond.
Chrysalix Energy III – focused on the clean and energy technology sectors, with initial investments targeting Series A stage companies.
EnerTech Capital Partners IV – focused on the energy and clean technology sectors, with initial investments targeting Series A stage companies.
iNovia Investment Fund III – focused on the information technology sector, with initial investments targeting seed and Series A stage companies.
McRock iNFund – focused on the “Industrial Internet of Things”, with initial investments targeting Series A stage companies.
Yaletown Innovation Growth Fund - focused on enhancing sustainability and productivity for industrial and enterprise customers, with initial investments targeting Series A and later stage companies.
32 Degrees Diversified Energy Fund II (Services & Technology Co-Invest) – focused on energy technology, with initial investments targeting Series A stage companies.
Relay Ventures Fund III – focused on mobile technology, with initial investments targeting Series A stage companies.
Panache Ventures Investment Fund 2018 - focused on seed stage investments in ICT and other sectors.