Canadian Angel Boris Wertz Raises $15 Million To Launch Micro-VC Fund Version One Ventures

After years of investing his own money, Canadian angel Boris Wertz has raised $15 million and created a new fund that will enable him to make even larger investments in early-stage startups. The fund, which will be focused on consumer Internet, software-as-a-service, e-commerce, and mobile companies. Wertz was the Chief Operating Officer of AbeBooks.com, which was acquired by Amazon.com back in 2008. He had been cofounder of German company JustBooks, which was later acquired by AbeBooks in 2002. Over the past several years, he's been making investments in early-stage companies with his own money, and is also behind the GrowLab startup accelerator in Vancouver, British Columbia.

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