A new angel fund led by a group of female Shopify executives has chosen a trailblazing AI platform co-founded by an Ottawa entrepreneur for its first investment.
Backbone Angels – an early-stage fund launched last month aimed at startups helmed by women and non-binary founders – announced it’s among the investors backing Heirlume, a fledgling Toronto-based firm that helps small businesses register trademarks.
Other investors in Heirlume’s $1.7-million seed round include Ottawa’s Mistral Venture Partners as well as Future Capital and Angels of Many, a pair of newly established organizations that are also looking to fund entrepreneurs who are traditionally underrepresented in the business world.