Monday, July 20, 2020

Two tech investors form alliance


RH Accelerator Inc.  of London has entered into a strategic alliance with Ontario Agri-Food Technologies (OAFT) to fund and help emerging companies in the food and agriculture sectors.
RH Accelerator launched last year to recruit experts to help fund and mentor early-stage companies, especially those in agriculture and food.
“We are excited about adding OAFT’s 23 years of knowledge, network and reputation to our founder programming already being delivered to the RHA companies.“ said Joe Dales, co-founder of RH Accelerator Inc.
“While RH Accelerator is a relatively young company, we have made almost 20 investments and our new private virtual community has grown to over 500 members – founders, mentors, investors and business professionals.”
RH Accelerator Inc. is currently raising a private RHA fund with accredited investors using the Angelist.co system so it can invest in early-stage innovative companies.
Tyler Whale, president of OAFT, said “we are looking forward to working with the experienced RH Accelerator team to expand our impact and enable more companies to gain access to needed resources such as financing, highly-accomplished mentoring, deep business intelligence and expanded networks in our collaboration with RH Accelerator. The combined resources will significantly improve the growth prospects and probability of success for early stage innovators.“