Portfolio Leaders Blog

Capital Angel Network launched  'Ottawa Founders' an Ottawa Business Journal Column in Spring of 23

Portfolio Company Mission Control was the inaugural feature

Mission Control Space Services is one of the first organization in the world to deploy deep-learning AI in lunar orbit.

"Ottawa Founders" is an occasional column prepared by the Capital Angel Network that celebrates leaders in the community who are helping to build the future.

Organization: Mission Control Space Services

People: Ewan Reid

Founders connected with the National Capital Region quietly build and deliver world-class solutions to complex, universal issues. One of these disruptive companies is Mission Control, which develops software for use on the Earth, Moon and Mars. It made history earlier this year with founder and CEO Ewan Reid at the helm.

Capital Angel Network's MASHUP23 held on May 30th evolved to a festival feel of five events with a record 250 guests

Full coverage by OBJ's TechopiaLive

The Capital Angel Network Chair, Jennifer Francis, and ED, Suzanne Grant share recent accomplishments and outline the Selection Process on Ottawa Business Journal's TechopiaLIVE

A CAN Member and Portfolio founders reception, fierce pitch competition with an all-star judging panel, a scale up / startup showcase and a Cleantech Fireside Chat brought together industry experts, funders and founders for a talk of the town event hosted by Capital Angel Network at TCC Canada's bespoke location (Performance Court 150 Elgin St) on 30 May.

Kingston's mDetect walked away with a $7,000 prize and were fast tracked to pitch at CAN's June Member Meeting. OBJ's TechopiaLIVE were onsite covering the event of the year

Watch their full coverage here.

CAN PortfolioCO BluWave-ai secures $9.5-million in Series A funding

Ottawa-based BluWave-ai secures $9.5-million in Series A funding

PowerOn Energy Solutions, a subsidiary of Ontario Power Generation, has acquired a minority stake in Ottawa-based BluWave-ai, which will use the proceeds to develop and deploy its electric-vehicle charging software.

PowerOn made the investment in BluWave-ai’s recently closed $9.5-million Series A funding round, which included other investors led by Capital Angel Network. With the investment, James Brewer, OPG’s vice-president of new growth and business development, joins BluWave-ai’s board of directors.

Over the past two years Capital Angel Network's members have invested $15M in early stage startups. Today CAN's 55 members include entrepreneurs who have exited or are leading companies, executives, Family Offices and Venture Capital firms based in Montreal to Toronto.

In 2022 57% of investments were made into women led or co-founded startups.

Watch video here

Watch the interview here

The Capital Angel Network and Invest Ottawa announce the conclusion of SheBoot’s first national cohort, and the cumulative impact of the investment-ready bootcamp for women founders since its inception.

SheBoot Graduates Secure More Than $12.5 Million in New Investment as National Cohort Concludes Investment-Ready Bootcamp for Women Founders Reports Impact to Date, and Prepares to Launch Fourth National Call for Applications

Capital Angel Network joins #TiEConCanada, bringing together experienced investors and early-stage founders.

ITiE Ottawa, a Canadian chapter of the largest entrepreneurship organization in the world and Capital Angel Network (CAN), the largest network of angel investors in the Capital Region, have partnered to launch ‘Investor Connect.’ The unique program is bringing together experienced investors and early-stage founders at #TiEConCanada2022, TiE Ottawa’s premier entrepreneurship conference.

SheBoot Round Three: Fueling the Growth of Women Founders Nationally with a Capital Advantage

Invest Ottawa, lead economic development agency for knowledge-based industries in Canada's Capital, and the Capital Angel Network (CAN), a group of angel investors in the Ottawa-Gatineau Region, today announced the national expansion of SheBoot, the investment-ready bootcamp that helps to address the critical funding gap facing women founders. SheBoot is receiving advisory services and up to $342,000 in funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) to support this expansion and pilot this program across the country.