Investments
16Portfolio Exits
2About Purple Angel
Purple Angel is a group of angel investors formed in early 2001 by several retired alumni of Bell Northern Research (BNR). Purple Angel prefers to invest in companies in the Ottawa-Gatineau region. They invest in early stage companies but that are beyond the concept stage.

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Latest Purple Angel News
Dec 28, 2020
Illustration; Deepwater drillship - Image by nikkytok - AdobeStock Colombian oil and gas company Ecopetrol has informed that Shell has completed the previously agreed acquisition of 50 percent interest in three Colombian deepwater oil and gas blocks. The two companies signed an agreement in February which entailed Shell acquiring a 50% operating-stake in the Fuerte Sur, Purple Angel, and COL-5 offshore blocks located in the Colombian Caribbean deepwater, where a new gas province was discovered including the Kronos (2015), Purple Angel and the Gorgon (2017) wells. According to Ecopetrol, the transaction was completed on December 23. "The transaction is aligned with the strategic priorities of Ecopetrol's business plan, focused on reserves and production growth under strict capital discipline. With the closing of this transaction, the relationship with a strategic partner, highly experienced in the development of offshore areas, such as Shell, is also strengthened," Ecopetrol said. When first announcing the proposed transaction back in February, the two companies said they would drill an appraisal well in the area by the end of 2021, and carry out the first production test.
Purple Angel Investments
16 Investments
Purple Angel has made 16 investments. Their latest investment was in Gonuggets as part of their Pre-Seed on July 7, 2022.

Purple Angel Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
7/15/2022 | Pre-Seed | Gonuggets | Yes | 1 | ||
1/1/2022 | Pre-Seed | Zealy | $3.5M | Yes | Aglae Ventures, Connect Ventures, Founders Future, Kima Ventures, Pareto Holdings, Purple Angel, Redalpine Venture Partners, Station F, and Undisclosed Angel Investors | 3 |
6/6/2018 | Series A - II | IRYSTEC | No | 2 | ||
9/19/2016 | Series A | |||||
9/14/2015 | Seed VC |
Date | 7/15/2022 | 1/1/2022 | 6/6/2018 | 9/19/2016 | 9/14/2015 |
---|---|---|---|---|---|
Round | Pre-Seed | Pre-Seed | Series A - II | Series A | Seed VC |
Company | Gonuggets | Zealy | IRYSTEC | ||
Amount | $3.5M | ||||
New? | Yes | Yes | No | ||
Co-Investors | Aglae Ventures, Connect Ventures, Founders Future, Kima Ventures, Pareto Holdings, Purple Angel, Redalpine Venture Partners, Station F, and Undisclosed Angel Investors | ||||
Sources | 1 | 3 | 2 |
Purple Angel Portfolio Exits
2 Portfolio Exits
Purple Angel has 2 portfolio exits. Their latest portfolio exit was IRYSTEC on July 06, 2020.
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