Partnership to provide Fraser Valley tech startups and founders with proven resources, education and financing to grow and scale.

ABBOTSFORD, BC, June 13, 2019 – Fraser Valley’s most established tech hub, XLRator, is proud and excited to announce its new partnership with Canada’s leading angel network, Valhalla Angels, enabling local founders and investors to access education, resources and capital. The new strategic alliance will bring together XLRator’s 10 years of knowledge and experience in building tech ecosystem within the Valley and Valhalla’s national experience in investing and educating tech companies and investors. Valhalla Private Capital was recently awarded top Entrepreneur Supporter of the Prairies by Startup Canada.

The two partners aim to cooperate and collaborate in the areas of delivery of capital, resources and programs to entrepreneurs and investors. The partnership also aligns the organizations in building a tech focused start-up ecosystem in the Fraser Valley and offer Valhalla led entrepreneur and investor basecamps in the region.

“Valhalla Angels is proud to support the growth of tech companies in the Fraser Valley through our partnership with XLRator” said Grant Lawrence, Co-President of Valhalla Angels Vancouver. “This partnership will give startup founders access to proven resources, education and financing from our extensive network of angel investors”, stated Luke Krueger, Co-President of Valhalla Angels Vancouver.

“Raising capital is one of the biggest challenges for a startup and our partnership with Valhalla will help prepare local companies to be more confident, proactive and empowered while raising funds to grow.” said Raymond Szabada, Chairman & CEO, XLRator. “We are very excited to bring Valhalla’s experience in imparting industry leading education and investing in tech companies that will act as a growth catalyst to local tech companies.”

About XLRator:

Established in 2009, XLRator is a social enterprise with a goal to build a thriving tech ecosystem in Fraser Valley. XLRator is a coalition of tech companies, entrepreneurs, local government, industry partners, and educational institutions focused on attracting tech-based investment into the Fraser Valley, including the District of Mission, City of Abbotsford, Chilliwack, Maple Ridge and the Township of Langley.

About Valhalla Angels:

Valhalla Angels or Valhalla Private Capital is an investor only membership group committed to supporting the startup ecosystem through early stage angel investing. Valhalla Angels is one of Canada’s most active angel investment group with our Founder, R. Stewart Thompson, named Angel of The Year for 2018 and have invested $62M in over 220 companies. The forum was established in 2003 with members having biotech, real-estate, oil & gas, health & life sciences, hospitality & transportation and, information & communication technologies backgrounds.

To know more about Valhalla, please visit: https://valhallaangels.com/

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For more information, please contact:

Gurwinder Singh

Program Manager, XLRator

[email protected] | www.xlrator.ca