WUTIF Capital (VCC) Inc.

Overview

WUTIF Capital (VCC) Inc. is an angel fund co-investing with angel investors in early-stage technology ventures in British Columbia, Canada. The fund was established in mid-2003 and has invested over $22 million in more than 155 companies. WUTIF focuses on sectors such as communications and information technology, health and life sciences technologies, physical sciences, energy, and fuel cells. The fund typically invests between $500,000 and $2 million per company, aiming to be a 'first-in' investor when valuations are low and risk is high. WUTIF offers investors substantial tax incentives, including a 30% refundable tax credit from the B.C. government and RRSP eligibility, resulting in potential tax savings exceeding 80% on a $10,000 investment. The fund is managed by WUTIF Management Corp, with directors who are also angel investors and shareholders in the fund. WUTIF is closely affiliated with angel organizations such as VANTEC, the Angel Forum Society, and the Keiretsu Forum, contributing to its strong deal flow and active participation in the B.C. startup ecosystem. The fund's portfolio includes notable companies like Daiya Foods Inc., Neurio Inc., Carbon Engineering, Zymeworks, and Agreement Express, demonstrating its commitment to supporting innovative technology ventures in the region.

Investment Focus

• Invest in early-stage technology ventures in British Columbia
• Co-invest with angel investors
• Target companies requiring less than $1,000,000 with valuations under $4 million

Portfolio Companies