Calgary, AB – Yaletown Partners is pleased to announce that Nate Glubish has joined the Accelerate Fund II team as Investment Manager based in Edmonton. Accelerate Fund II is Alberta Enterprise’s second early-stage fund announced with a $10 million investment in November. Yaletown Partners manages Accelerate Fund II with The A100.
“We are very pleased to welcome Nate as our dedicated frontline to Alberta’s startup community,” said Brad Johns, Partner, Yaletown Partners. “Nate has devoted much his professional life to guiding investments and championing growth of Alberta technology companies. His experience in evaluating and supporting the success of early stage companies will be a major asset to the Accelerate Fund II team.”
Nate began his career with Foundation Equity Corporation, an investment firm where he rose to partner over eight years. At Foundation Equity, Nate participated in the negotiation and success of more than $40M in technology business investments and stewarded the growth of portfolio companies as a director. He went on to work inside a rapid-growth Alberta equipment business, managing eight acquisition transactions across North America, then chose to return to venture capital to best accelerate the province’s overall growth and innovation.
“I’m excited to work closely with The A100 to discover promising early-stage technology companies in Alberta, and support their growth,” said Nate Glubish. “Our impact should both strengthen the local ecosystem, and generate strong returns for shareholders, as is Yaletown’s custom.”
Accelerate Fund II focuses on providing startup capital to Alberta-based companies concentrated in the sectors of information and communication technology, clean and energy technology, life sciences, as well as agriculture and biotech. For more information about Accelerate Fund II or to pitch for capital visit www.acceleratefund.ca.
Yaletown’s investment focus within Alberta is unique given the region’s early maturity. Elsewhere in Canada, Yaletown Partners focuses on emerging growth companies at a post-startup growth stage. View Yaletown’s research on the varying capital gaps across the nation’s regions – Canada’s Technology Ecosystems – How Canada’s different tech regions vary in maturity.
About Accelerate Fund II: www.acceleratefund.ca
Accelerate Fund II is an early-stage angel co-investment fund in Alberta. We co-invest alongside angel investors in financing rounds and will typically invest up to $500,000 on the same terms and conditions as private investors. We work with formal angel groups, super-angels, family funds, and individual angel investors. Accelerate Fund II invests in private, early-stage Alberta companies in knowledge-based industries including: information and communications technology, clean and energy technology, as well as life sciences, including agriculture and biotech.
About Yaletown Partners: www.yaletown.com
Yaletown invests in emerging-growth technology companies in Canada that enhance sustainability and productivity for industrial and enterprise customers. Our investments help Canadian technology companies in their initial growth phase to accelerate their growth, shorten exit timeframes and achieve strong exit premiums. Since 2013, Thomson Reuters’ has ranked Yaletown as one of Canada’s most active private independent technology investors. Yaletown is led by a team with more than 120 years of collective experience building and financing technology companies, and is backed by leading institutional investors and a network of successful technology entrepreneurs, executives and angel investors.
Email: claudia @ materialinsight.com
Author: Yaletown Partners