Eva Lau announces first venture fund [Toronto Globe and Mail (Ontario, Canada)]
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Source: Toronto Globe and Mail
Eva Lau announces first venture fund One of Toronto’s most prominent angel investors, former Wattpad Corp. executive Eva Lau, has launched her first venture fund, becoming one of the few women in Canada to lead an early-stage investment firm. Ms. Lau is announcing Thursday her Two Small Fish Ventures, which has raised $9-million of her $15-million goal for her first seed-stage fund. She’s backed by Canso Investment Counsel Ltd. and some of Canada’s top entrepreneurs, including Wealthsimple Financial Inc. chief executive officer Mike Katchen, former Wind Mobile chief executive officer Anthony Lacavera and Red Hat Inc. founder Bob Young. “It takes a special kind of investor to be the one who makes the first bet on a company,” Mr. Young said in an interview. “The fact [Two Small Fish has] had some success already is a great indicator of better success when there are more resources to bear.” Two Small Fish has backed 22 companies since its founding in 214, making “angel” investments of be
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