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Vancouver Startup Signalytic Wins Top Prize at This Year’s Okanagan Angel Summit Finale

June 10, 2024 by Knowlton Thomas Leave a Comment

After eight weeks of pitches, due diligence, and training, a winner of the Okanagan Angel Summit competition has been crowned.

More than 200 community members recently gathered at the Kelowna Innovation Centre for the Summit Finale, which is about celebrating and strengthening connections across Western Canada’s entrepreneurial ecosystem.

Nico Christofi, chief executive officer of Vancouver-based Signalytic, took home a $195,000 investment fund prize.

“The Angel Summit has been an incredible experience,” the entrepreneur stated.

Christofi’s company Signalytic is in the business of empowering rural regions with digital-forward healthcare.

“We’re bringing digitally invisible communities online with a low-cost infrastructure for national drug stock data management,” reads a snippet from the startup’s website.

For the CEO, the event was an impactful experience even outside of the big win.

“The quality of the investors involved, their due diligence, and their advice throughout the process has been even more valuable than the winning prize,” Christofi said.

The top six finalists—skiKrumb, VersaFile, Propra, Inhub Farms, Fireswarm, and Signalytic—pitched live on stage at the finale event.

Christofi said the competition was tough because it included “really tremendous companies.”

Al-Karim, chief of Calgary-based Propra, took home the People’s Choice award.

The Okanagan Angel Summit launched in 2019.

As of 2023, the organization is part of Innovate BC’s not-for-profit BC Acceleration Network, which includes entrepreneurship@UBC, Foresight Canada, Hubspace, Innovation Island, Kootenay Association for Science and Technology, New Ventures BC, SFU VentureLabs, and VIATEC.

Signalytic was founded in 2018.

Filed Under: News Tagged With: Accelerate Okanagan, InHub Farms, Propra, Signalytic, skiKrumb, VersaFile

 

About Knowlton Thomas

Knowlton Thomas is Editor-in-Chief of The Midway Advance and Senior Writer for Techcouver. Over more than a decade of journalism, he has penned thousands of articles and dozens of essays on technology, health, and culture across a variety of publications.

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