The Vancouver Propel Impact Fund invested $50,000 in a convertible note to support NADA's pre-seed financing, marking the fund as a pioneering institutional investor in the startup.
Information on the Target
NADA is an innovative startup positioned within the technology sector, focusing on developing solutions that enhance user experience and accessibility. As part of its growth strategy, NADA is in the early stages of securing funding, having recently achieved a significant milestone by closing a seed financing round following initial investments.
With a commitment to fostering impactful technologies, NADA aims to disrupt traditional market practices with its unique offerings. The convertible note investment of $50,000 from the Vancouver Propel Impact Fund represents a strategic step in its financial journey, providing crucial support for further development and scalability.
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Industry Overview in Canada
Canada's technology sector is thriving, characterized by rapid advancements and a strong emphasis on innovation. Encouraged by government support and a burgeoning startup ecosystem, the indust
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Vancouver Propel Impact Fund
invested in
NADA
in 2019
in a Pre-Seed Stage deal
Disclosed details
Transaction Size: $50M