Archangel Network of Funds

Archangel Network of Funds is a Canadian network of four separately managed angel-stage funds investing in early-stage technology companies. The network connects founders with capital, mentoring relationships and ecosystem connections to support them from a first cheque through subsequent growth. Its main office is in Kitchener, Ontario, and its founders and partners are distributed nationally across Canada's startup ecosystem.

The four funds are distinct in mandate. Adrenaline is an angel-stage fund that co-invests alongside experienced angel investors. Axion supports commercialisation and Canadian intellectual property. StarForge backs early-stage Canadian businesses developing disruptive technologies. Phoenix Fire invests in women entrepreneurs in technology.

Sector interest spans technology, sustainability, health sciences and smart manufacturing, with a stated focus on disruptive technologies, Canadian intellectual property and commercialisation. The network describes its approach as making angel-stage investing accessible through diversified portfolios of innovative companies, and as backing Canadian founders early and staying with them.