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In 2020, NACO marked a milestone in angel activity, reporting $1.016 billion dollars invested by our members over the last 10 years. This incredible mile- stone was announced during a time of uncertainty for the angel commu- nity and our innovation ecosystem as a whole. The impact of the COVID-19 pandemic was felt across the country and our community of early-stage in- vestors and innovation leaders voiced concerns for the future of angel in- vesting. They warned of the reverber- ating impacts a decline in early-stage funding would have across the entire ecosystem, constraining the emer- gence of high-growth companies at a time when our local economies need them the most.
Milestone inangel activity.
202 1 ANNUAL REPORT ON ANGEL I NVEST I NG I N CANADA The Chang i ng Landscape
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