Government/Economic Dev๐จ๐ฆ Canada
Alberta Enterprise Corporation
Edmonton, Alberta
Crown corporation; surpassed $1B of VC into Alberta tech by 2021.
- Investment focus
- SaaS/EnterpriseAI/MLCleantech/ClimateHealth/BiotechEnergyHardware/DeeptechGeneralist
- Stage
- Seed ยท Series A ยท Series B+ ยท Growth
- Check / terms
- Fund-of-funds; ~C$382M committed across 36 funds (2024)
- Program / model
- Government fund-of-funds investing as an LP in VC funds with an Alberta presence; anchors the Accelerate Fund angel co-investment series.
- Invests in
- Alberta (funds must establish Alberta presence)
- Founded
- 2008