iBrands Corporation acquires Hatchbrands Ventures, an investment firm specialising in pre-floatation backing for technology startups in accelerators and incubators.
Hatchbrands Ventures, an investment firm backing technology startups developed at university accelerators and incubators, has agreed to be acquired by holding company iBrands Corporation.
iBrands plans to use Canada-based Hatchbrands’ startup and venture capital expertise to identify, invest in, and acquire startups and spin-outs coming out from university accelerators and incubators.
Marco Janeczek, venture partner of Hatchbrands Ventures, said: “We believe a public vehicle such as Hatchbrands will change the way investments are made in accelerator-backed startups, and will give…