The presence in the region strengthens the venture firm’s focus on AI and ML investments across Western Canada.
EDMONTON, Alberta – Today, Flying Fish Partners (“Flying Fish”) announced its expansion into Alberta with the addition of its new team member, Tiffany Link-Boyko, who is serving as principal overseer of Flying Fish’s Canadian operations. The venture capital firm welcomes Alberta Enterprise Corporation’s (AEC) বিনিয়োগ 7.5 million investment in the recently closed Flying Fish Fund II.
Flying Fish invests in the fast-growing Artificial Intelligence (AI) and Machine Learning (ML) sectors, primarily software and mixed hardware and software companies that use AI or ML as their business base, providing AI and ML products and services to others, or AI. And provide equipment to ML practitioners. The firm invests across the United States and Canada and has a special focus in Pacific Northwest and western Canada.
Geoff Harris, co-founder and managing director of Flying Fish, said: “The province of Alberta is well-known for its entrepreneurial talents and industrial and agricultural energy, but not for the profound AI and ML skills we’ve discovered.” “We’ve enjoyed the flow of impressive deals and we look forward to capitalizing on the excellent AI and ML talent we have to find outside of Silicon Valley.”
“When we started to find the talent base here, we were excited to learn more about the deep history of AI and ML research,” said Frank Chang, co-founder and managing director of Flying Fish. “In light of what we’ve unveiled, it makes sense to base our Canadian activities in Alberta.”
“We hope that our partnership with Flying Fish will help Alberta’s most innovative companies accelerate their growth and provide the capital they need to compete globally,” said Christina Williams, CEO of Alberta Enterprise Corporation. “We are delighted that investors like Flying Fish have recognized the foundation of our AI and ML talent in Alberta. We see their expertise and network in the AI and ML sectors as a major benefit for the Alberta Tech ecosystem. ”
“Alberta is a world leader in AI and ML,” said Doug Schweitzer, Alberta’s Minister of Jobs, Economy and Innovation. “The Alberta government is proud to support businesses that help diversify our economy and create jobs today and in the future. The AEC’s partnership with Flying Fish and their presence in Alberta will be another significant part of seeing that happen. ”
The Flying Fish team comes from a strong technical and operational background. The firm’s three founders, Frank Chang and Geoff Harris, worked together for ten years to solve basic AI and ML problems, including natural language processing, before starting the firm. Heather Redman, also a founder, and Adrian Brown, the firm’s fourth managing director, have long careers in the C-suit industry. The firm’s venture partners, Vanessa Pegueros and Lisa Nelson, have considerable experience in cybersecurity and investment, respectively.
“The new addition to our team, Tiffany Linke-Boyko, has built a strong network in Canada, and more specifically Alberta, which we believe will help grow our portfolio,” Redman said. “As we enter this sector early, we see that we are seeing the flow of contracts across the United States and Canada, but when you find a lot of talent there is no substitute for boots on the ground.”
As CEO of startup Edmonton and an online training company, Tiffany has led the tech community for more than a decade.
“I am excited to join Flying Fish because of the deep skills they bring and the commitment to roll up their sleeves and help companies succeed,” said Link-Boyco. “The last decade has been incredible to see the Alberta tech community grow, and I’m excited to be able to contribute to that direction.”
About Flying Fish Partners: Flying Fish Partners, a Seattle-based startup, focuses on providing capital and value-added support to fast-growing, high-potential AI and ML technology companies in the United States and Canada. The firm invests capital, skills and relationships in startups with a very big idea and makes initial investments at the seed and pre-seed stage.
About Alberta Enterprise Corporation: www.alberta-enterprise.ca
Alberta Enterprise Corporation promotes the development of the venture capital industry by investing in venture capital funds that finance technology companies. We focus on funds that have a strong commitment to Alberta – including presence in the province. In addition to capital, we support the Alberta Venture Capital ecosystem by connecting with investors, entrepreneurs and experienced technology executives who share our passion for building a brighter, more innovative Alberta. Since our inception, we have committed C $ 269 million to invest in twenty-five VC funds, covering a wide range of multifaceted industries, including information technology, industrial technology and life sciences.
For additional information on Flying Fish Partners, please visit www.flyingfish.vc or contact us at [email protected] or 206-605-2251.
For additional information on Alberta Enterprise Corporation, please visit www.alberta-enterprise.ca or contact us at [email protected] or 587-402-6601.
See the source version at businesswire.com: https://www.businesswire.com/news/home/20220524005466/en/
206-282-4923 ext. 113