Canadian angel investors defied economic headwinds and fears from industry leaders to book $102.9 million worth of deals in 2020, a report by the National Angel Capital Organization with input from Entrevestor has found.
The Changing Landscape, this year’s edition of NACO’s annual report on angel investing, was authored by Colin Mason -- a professor of entrepreneurship at the University of Glasgow’s Adam Smith Business School. NACO is an association of angel investor groups, but does not itself make investments. In 2019, it reported that Canadian angels had invested $163.9 million, with 2020