Super angel Mike Cegelski, 4C Medical and SoundBite Medical Solutions honored at the Anges Québec Annual Meeting

Montreal, June 21, 2018 — On June 14, Anges Québec held its Annual Meeting, the closing event of the season which brings together investor members, portfolio companies, sponsors and partners to celebrate the work accomplished in the last year.  Anges Québec traditionally takes this opportunity to honor a member, a portfolio company and an investment which performed particularly well in the last twelve months.

The 2018 Investment of the Year Award was granted to 4C Medical Technologies, Inc. (4C Medical), a medical device company developing a novel minimally invasive solution for the treatment of mitral regurgitation (MR).

“Our team made significant development progress in such a short period of time that would not be possible without Anges Québec’s generous investment and support.  We will be forever thankful and are looking forward to pursue our working relationship” stated Robert Thatcher, CEO of 4C Medical.  A remarkable fact is that 19% of Anges Québec’s members invested in the company.

In addition, the 2018 Company of the Year award was granted to SoundBite Medical Solutions, also in the medical technologies sector, which develops and markets a device to treat peripheral and coronary chronic total occlusions.

“We are grateful to receive this prestigious award, but mostly for the support that we have received from the beginning from over 30 of Ange Québec’s members,” emphasized Francis Bellido, the company’s CEO.  In April, SoundBite announced the closing of a $25M Series A financing round, which included the participation of new investors in conjunction with some existing investors.  This accomplishment was one of the factors that guided Anges Québec in its choice of SoundBite as company of the year.

Finally, the recipient of the prestigious 2018 Angel of the Year award was granted to super angel Mike Cegelski, a long-time member of Anges Québec who has since founded two venture capital funds, namely 500 Startups Canada and the newest one Panache Ventures, the most active seed venture capital fund in Canada.  M. Cegeslki said he was moved by the prize that was awarded to him.

“What a great honour to receive this award. I have been a member of Anges Québec since the very beginning, when the network was still just a startup. Today, Anges Québec is a model of success for all other angel groups on a global level. It is an honour to be recognized by an organization that is so dear to my heart. Thank you!” he stated.

At the dawn of its 10th anniversary, the Anges Québec network continues to grow and attract new member investors and entrepreneurs alike. During the 2017-2018 season, the members of Anges Québec invested more than $15M and made 43 investments.  Finally, Anges Québec Capital, the organization’s side car fund, invested almost $9M in order to support members in their investments.

 

About Anges Québec

In operation since 2009, Anges Québec is a network of more than 230 angel investors whose mission is to allow its members to make profitable investments. In that time, the members of the Anges Québec network have invested more than $75M in the Quebec economy, totalling more than 177 investments in over 102 innovative companies.  The Anges Québec professional development centre supports its members in the constant acquisition of new investment-related knowledge and skills.

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Information and interviews

Stéphanie Schwanen, Director of Communications and Community | Anges Québec

Tel.: (514) 895-7622 |   stephanie.schwanen@angesquebec.com