Techopia Live: Angel investors respond to tight financing market

With valuations down and a tight venture capital market, tech venture founders are looking for ways to stretch their working capital.

In some cases, that means cutting expenses and laying off employees. In other instances, it means going back to early-stage investors for more money.

The Capital Angel Network is answering this call in this challenging economic climate.

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With approximately 60 members, CAN says it’s staying committed to its portfolio companies with a significant increase in follow-on investments.

In this episode of Techopia Live, Ottawa Business Journal publisher Michael Curran speaks with Suzanne Grant, executive director of CAN. Grant provides an update on the local angel scene, plus previews the upcoming National Angel Capital Organization Summit, which happens in Ottawa on May 7-8.

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