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Viesearch·
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@espressocapital2editor·
OutsideIQ gets creative to raise growth capital
Dan Adamson, OutsideIQ’s founder and CEO, said the lack of capital from Canadian investors meant R&D was fueled in three ways: tapping into angel networks, accessing venture debt, and leveraging financing from the federal government’s FedDev program. OutsideIQ’s approach to raising capital saw it embrace angels and venture debt at the same time. It worked with the Angel One Investor Network, one of the most active angel groups in Canada, and Espresso Capital, the leading provider of…