Accelia Capital pleasingly welcomes Export Development Canada (EDC) as a new investor. Accelia Capital is a technology-oriented venture capital fund that prioritizes investments in innovative, female-owned or led businesses. This prestigious partner’s $5.6 million investment brings Accelia Capital’s funding pool to $60 million in assets under management. EDC’s new role as an investor will include participation in Accelia Capital’s Advisory committee. Additionally, EDC will offer a competitive investment matching program to portfolio companies.
A fund that creates impact
Technology entrepreneurs Christine Beaubien and Annick Charbonneau founded Accelia Capital just over a year ago. Accelia Capital’s key objective is to increase gender diversity in the competitive field of technological entrepreneurship. The venture fund’s ultimate goal is to generate a portfolio composed of at least 70 percent women-owned or led businesses. Investors have already made significant investments in promising companies.
Accelia Capital now counts on the support of six institutional investors, as well as several private investors. In addition to the more than twenty influential businesswomen who have already invested in the fund. EDC’s arrival completes Accelia Capital’s value proposition for propelling successful Canadian women-owned businesses globally.
For more investments by women-led businesses, read Lolita Taub on Investing in Community-Driven Companies.
Quotes
“EDC’s mission is to support Canadian businesses in expanding into international markets. This complements Accelia Capital’s value proposition, which focuses on providing women entrepreneurs access to financial and human capital for building successful global companies.”
Annick Charbonneau, Co-Founder and Managing Partner, Accelia Capital.
“The arrival of EDC as an investor positions our fund as a key venture capital player. The participation of this major partner accelerates product development, research and expansion of young companies in Canadian and international markets. This exciting partnership supports innovative, women-owned/run businesses.”
Christine Beaubien, Co-Founder and Managing Partner, Accelia Capital.
“EDC is thrilled to support Accelia Capital as it grows its portfolio of companies, with an emphasis on promoting women-owned or led businesses with a potential to grow internationally. This investment is an opportunity for EDC and Accelia to create positive impacts in our economy and communities, by accelerating female leadership in the tech sector and giving a runway for future generations of Canadian innovators.”
Guillermo Freire, Senior Vice-President, Mid-Market Group at EDC
About Accelia Capital
Accelia Capital is a venture capital fund with $60 million in assets under management that invests in innovative companies with high-technological potential. It was co-founded in December 2021 by Christine Beaubien and Annick Charbonneau, two experienced technology entrepreneurs. The founders’ goal of supporting innovative companies and accelerating female leadership in technology can be encapsulated in three words: diversity, performance and impact. Backed by an extensive business network, this dynamic duo has rallied a team of top management professionals and seasoned businesswomen to help propel promising young companies to new heights.
About EDC
Export Development Canada (EDC) dedicates itself as a financial Crown corporation to helping Canadian businesses make an impact at home and abroad. EDC has the financial products and knowledge Canadian companies need to confidently enter new markets, reduce financial risk and grow their business as they go from local to global. Together, EDC and Canadian companies are building a more prosperous, stronger and sustainable economy for all Canadians.
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