The future of our community lies within the diverse group of disruptive technology startup businesses and innovative entrepreneurs that constantly think, challenge and create. When their work meets the expertise and attention of established businesses and investors that also reside within the community, partnerships are formed and strengthened by the mutual excitement in seeing products develop, businesses grow, and ideas expand.
The City of Mississauga in partnership with Research Innovation Commercialization (RIC) Centre and Angel One Investor Network brings forth the “First Look Angel Investor Meeting” to foster the collaboration between the investor community and startup companies in order to promote long-term partnerships that will benefit businesses, their industry, and the surrounding community. 19 high-potential early stage companies selected from five regional innovation centres (Haltech, Innovate Niagara, Innovation Factory, Innovation Guelph, and RIC Centre) will have the opportunity to take part in a gathering with members and guests of the related five angel groups from the Greater Toronto Area.
Community collisions accelerate business growth, and the nurturing of beneficial relationships will build networks and create opportunities for greater advancement and development for everybody involved.
Read our full press release here.
“I want Mississauga to be a place where great ideas can become a reality and grow from concept to commercialization right in our City. So today, I am showing my commitment to unleash Mississauga as an innovation hub, by formally launching the Mayor’s Innovation and Entrepreneurship Taskforce,” Crombie said.
Read more here.
Mayor Crombie recognized all participating entrepreneurs for “having the discipline, drive and determination to pursue your dreams,” adding that “I am confident the senior and experienced business professional investors – who have joined us for tonight’s event – will find their next great business venture here.”
Meemim, a developer of knowledge-management software and mixed-reality applications, was recognized for creating a next-generation planning and infrastructure-locating tool for municipalities, public utilities, and contractor services.
"First Look is an immensely valuable experience for entrepreneurs. First, start-ups get a great opportunity to pitch to a large and diverse group of experienced investors. This helps gauge investor reaction and perfect the pitch. Second, there is a real chance of walking away with funding, as a couple of start-ups in our cohort did. Lastly, the networking opportunity is at the event is unlike any other. This is an experience that every emerging start-up should consider."
Alec Pestov, CEO
AOMS Technologies, a company that specializes in mechanical, electronic and optical systems, closed a $925,000 seed financing round with GreenSky Capital and Ontario Centres of Excellence.
"Participation in the First Look Angel Investor Meeting provided AOMS Technologies with an unprecedented opportunity to meet with Tier I investors. I would like to express my gratitude to the City of Mississauga and Mayor Crombie for sponsoring and hosting this special event. As a result of participation in this event and meeting with investors, we were able to close our first round of capital financing in 2016 which lead to a significant growth of our business."
Hamid Alemohammad, CEO
Trusted by thousands of businesses, PaymentEvolution is Canada's largest and most loved cloud payroll and payments service. PaymentEvolution has revolutionized payroll for small businesses.
"PaymentEvolution found great value in participating in RIC Centre's First Look Angel Investor Meeting. It's important to recognize the significance of building a strong network for your business; and collision events like First Look helped us build that critical early community. It was instrumental in taking us from concept to commercialization to now servicing thousands of Canadian businesses."
Sam Vassa, CEO
PitStop diagnoses car problems before they happen and allows service stations to send out maintenance notices, quotes and coupons to customers. PitStop closed a $800,000 seed round with Extreme Venture Partners, BDC Venture Capital, MaRS Investment Accelerator Fund and Ontario Centres of Excellence in July 2016.
"The First Look Angel Investor Meeting was a good way to be known in the local community. Your network is your net worth and events like this support that notion."
Shiva Bhardwaj, CEO
Web4Realty is North America's #1 website editor for realtors. Web4Realty provides real estate marketing solutions that allow real estate professionals to grow and manage their business and attract new prospects. The founders launched their first in-house incubator in 2015 help local startup companies grow their businesses.
"We were lucky to be involved in the inaugural First Look Angel Investor Meeting a couple of years ago. I was able to connect with great business leaders and investors in the community, some of which I still keep in contact with today. A great event for startups and growing businesses!"
Kosta Panagoulias, Co-founder
Mariner Endosurgery develops and commercializes innovative computer assisted medical devices for future-facing laparoscopic surgeries. The company completed its first round of funding in January 2017, led by Angel One Investor Network.
"Our invitation to the First Look Angel Investor Meeting was a significant step in our fundraising activity. This event provides an opportunity to connect with sophisticated investors, and we were fortunate to connect with individuals at this event that ultimately invested in Mariner."
Mitch Wilson, President & COO