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Key people at WUTIF.
WUTIF was founded in 2003 by Michael Volker (CEO & founder).
WUTIF Capital (VCC) Inc. operates as an angel fund dedicated to investing in promising early-stage technology ventures throughout British Columbia. The firm specializes in co-investing with angel investors, targeting ground-floor opportunities in the tech sector. WUTIF provides crucial capital to startups across various technology domains, focusing on those seeking initial external financing rounds with valuations typically under $4 million.
Michael Volker founded WUTIF Capital, establishing the fund in mid-2003, with its first investments commencing in late 2004. His extensive background as an angel investor since the 1980s informed the fund's creation. Volker recognized a need for a structured investment vehicle to support British Columbia's burgeoning technology ecosystem, particularly early-stage companies often overlooked by traditional venture capital, while leveraging local tax incentives for investors.
WUTIF serves investors seeking tax-advantaged participation in BC's tech growth, and innovative British Columbia-based technology startups in need of seed-stage capital. The company's vision is to act as a vital conduit for capital, driving the commercialization of local research and innovation. By enabling investment in niche ventures and fostering the tech sector, WUTIF contributes significantly to British Columbia's long-term economic prosperity.
Key people at WUTIF.
WUTIF was founded in 2003 by Michael Volker (CEO & founder).
WUTIF has 2 tracked investments across 2 companies. The latest tracked deal is $4.0M Seed in Inverted AI in November 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 1, 2023 | Inverted AI | $4.0M Seed | — | Defined, Grotech Ventures, OMERS Ventures, Started | Edtech Week, Blue Titan Ventures, Dasein Capital, Inovia Capital |
| Oct 21, 2021 | Pocketed | $810K Seed | Wutif | Hustle Fund, NEW Avenue Capital, Women's Equity LAB |