Hatchbrands Ventures, a small Ottawa-based venture capital fund, has been acquired by Atlanta-based iBrands Corp.
iBrands says it will use the fund to invest in startups that are coming out of university and college-based accelerators and incubators.
“We believe a public vehicle such as Hatchbrands will change the way investments are made in accelerator-backed startups, and will give an alternative way for individuals and investors that today are not able to participate in accelerator-backed startups due to the accredited investor status, an alternative way to invest,” said Marco Janeczek, Hatchbrand’s venture partner, in a press release.
OBJ360 (Sponsored)
![Ontario East Economic Development](https://assets.obj.ca/2024/08/AdobeStock_171987794-300x164.jpeg)
Ontario East is driving recruitment success in a new era and adapting to workforce changes
The last decade has ushered in seismic change for the workforce in Eastern Ontario, and around the world. As a result, employers are discovering that traditional methods of workforce recruitment
![Algonquin College students](https://assets.obj.ca/2024/08/20240320_111900-002-300x195.jpg)
Getting an education is the key to success in life and business. But when you can receive that education while also getting real-world experience and giving back to the community
Hatchbrand’s website lists six companies in its investment portfolio.
According to publicly available data, which may not be complete, all of Hatchbrand’s investments have been at the seed stage and valued been between $10,000 and $40,000.
Two of the companies Hatchbrand invested in – Yostro and Zoidu – have been acquired by larger firms.