Angel investors make small investments in startups to help their business get off the ground and carry the company through its difficult early stages.
Angel investments can be a great opportunity for some serious financial upside—or downside—which is why these investments are reserved for high net worth individuals that can afford to make a few poor decisions along the way.
Even if you haven’t hit “accredited investor” status, you can still have some fun investing in tech startups without the risk of illiquidity.
Some startups skip the traditional venture capital path, opting for the public markets in their early days, making them much easier to invest in. Public companies, especially larger ones, can easily be bought and sold on the stock market and, therefore, have superior liquidity and a quote market value.
There are no shortage of companies to invest in that call B.C. home but we have identified four that have caught our attention this summer.
OTCMKTS: CUBXF | Market Cap: $105 Millon
CubicFarms is a provider of automated controlled-environment growing systems that produce commercial-scale quantities of fresh produce and nutritious livestock feed.
Leading Agtech investor Ospraie Ag Science recently increased its ownership stake in CubicFarms to just over 25%, paying $5.25 million to purchase 7.5 million additional common shares.
Nano One Materials
CVE: NNO | Market Cap: $223 Million
Nano One has developed a technology platform to improve the production and performance of cathode powders used in lithium-ion batteries, with 16 patents granted and many more pending.
Earlier this month Nano One entered into a Joint Development Agreement with a multi-billion-dollar Asian cathode material producer. According to CEO Dan Blondal, this producer, based outside of China, wishes to remain unnamed at present due to the highly competitive state of the lithium ion battery supply chain.
NASDAQ: SOLO | Market Cap: $254 Million
ElectraMeccanica is best know for being the parent company of InterMeccanica, who has successfully been building high-end specialty cars for 60 years.
ElectraMeccanica has commenced the production for its flagship SOLO EV electric vehicle. Engineered for a single occupant, the three-wheeled SOLO has a range of over 100 miles and a top speed of 80 mph, making it safe for any road or highway.
WELL Health Technologies
TSE: WELL | Market Cap: $661 Million
WELL Health Technologies is focused on consolidating and modernizing clinical and digital assets within the healthcare sector and they have been busy over the last 18 months. WELL is now the third largest EMR service provider in Canada supporting 10,000 doctors and over 1,900 clinics.
WELL recently launched a division to solely focus on developing, investing in and unlocking opportunities associated with digital health applications.