Angel funding hits 100

By the end of the week, a group of Kelowna “angel investors” will have invested in 100 Canadian companies. Randy Thomson, founder of VA Angels, and Kelowna Mayor Colin Basran will make the announcement at a press conference Friday. The group has been injecting capital into start-up companies since 2002.

“We are excited to officially make this announcement in Kelowna, the first city outside Alberta to welcome a VA Angels chapter,” Randy Lennon, president of the Kelowna and Phoenix chapters, says.

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