NEWS RELEASE

Women’s Equity Lab Toronto Fund 3 Closes Initial Round of Fundraising

Women’s Equity Lab Toronto has closed an initial round of fundraising for Fund III.

Launched in 2017 as a non-profitable organization, Victoria, BC-based Women’s Equity Lab has spun off 16 funds, including 9 in BC (Victoria & Vancouver), 3 in Ontario (Toronto) and 1 each in Manitoba and Atlantic region, and 2 Venture Capital Corporations (VCCs).

Women’s Equity Lab (WEL) is a fun, collaborative and empowering way for women to actively engage in early-stage investing.

Launched in 2017, we now make up a diverse and powerful network of 350+ women investors, with syndicates located in Victoria, Vancouver, Toronto, Manitoba, the Atlantic and Silicon Valley.

Actively engaging women in the angel investment process translates into more women as advisors, board members, venture capitalists, angel investors and angel fund managers.

Women’s Equity Lab is one of the 25 partners collaborating with BDC’s $100 million Thrive Lab to support women-led social impact businesses. At first phase, BDC intends to co-invest, alongside partners from across Canada, up to $35 million in businesses at the earliest stages of development.

Source: https://privatecapitaljournal.com/womens-equity-lab-toronto-iii-closes-initial-round-of-fundraising/