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Startup TNT
Startup TNT runs angel syndicates across five Canadian cities, using weekly happy hours and biannual summits to invest in early-stage prairie startups.
Startup TNT
Startup TNT launched in Edmonton with a thesis that local angel investing works better when it's fun. Storms and Lynn designed what they call a 'Thursday Night Tradition'—a weekly happy hour that now runs simultaneously across five Western Canadian cities. The firm doesn't operate as a traditional fund; it runs biannual Investment Summits where companies pitch to a room of investors who have each pre-committed $5,000. The winning company secures a syndicated investment, assembled on the spot, with Startup TNT facilitating the transaction for a flat $500 participation fee. The portfolio spans from enterprise SaaS to cellular agriculture. Confirmed positions include Arolytics, an emissions-software company that closed a Seed Round led by BDC Capital, and 2S Water, which commercializes a real-time sensor platform for industrial wastewater monitoring. Startup TNT also invested in Future Fields, which developed a low-cost growth medium for cellular agriculture, and Luxsonic, a VR-based medical-imaging workflow company. The firm casts a deliberately wide net across the Canadian Prairies, with deal activity concentrated in Alberta and Saskatchewan. Frequent co-investment partner Threshold Impact appears across multiple portfolio rounds. Team details remain lean. Co-founder Storms operates as Chief Organizer out of Edmonton, while Lynn serves as a Venture Partner. In 2025, the firm appointed CK Dhaliwal as Executive Director to manage decentralized operations and named Adrian Mitchell as the Calgary Lead. Startup TNT maintains a co-location space at 10177 104 St in Edmonton for its investor community. The firm is a member of both the National Angel Capital Organization (NACO) and the Venture Capital Association of Alberta (VCAA). May 2025: Startup TNT appointed CK Dhaliwal as Executive Director to oversee its multi-city operations (per Altss research). Startup TNT's architecture inverts the standard venture funnel. Instead of a general partner sourcing and allocating capital behind closed doors, the firm runs a live, event-driven syndication model where the due diligence, negotiation, and capital commitment happen with 20–40 investors in the room. The model is closer to an angel network with a recurring-revenue operating structure than to a discretionary fund. That structural choice means the firm's deployment pace is tied directly to summit cadence and community participation, creating a governance dynamic where deal selection is crowd-sourced by design.
General information
Firm type
Generalist
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
Canada
City
Edmonton
Corporate office
Edmonton, AB, Canada
Principals
Zack Storms
Co-founder and Chief Organizer
Tim Lynn
Co-founder and Venture Partner
CK Dhaliwal
Executive Director
Adrian Mitchell
Calgary Lead
Sector focus
Frequently asked questions
How does Startup TNT structure its investments?
Investors pre-commit $5,000 per summit and join a due diligence team of 20–40 people. During a live finale event, the group negotiates terms and selects a winner, with Startup TNT syndicating the cheque for a flat $500 participation fee. The firm does not operate a discretionary fund—every investment is assembled deal by deal at the summit.
Who runs investment decisions at Startup TNT?
Co-founder Zack Storms is the Chief Organizer, and co-founder Tim Lynn is a Venture Partner. In 2025, CK Dhaliwal was appointed Executive Director. Final investment decisions are made collectively by the investor group during each summit's live finale, not by a single investment committee.
What investment stages does Startup TNT target?
The firm focuses on pre-seed and seed-stage companies. Its portfolio concentrates on Canadian startups, predominantly from Alberta and Saskatchewan, across sectors including AI/ML, agritech, digital health, and enterprise software.
Does Startup TNT participate in fund commitments or only direct deals?
Startup TNT exclusively structures direct syndicated investments into individual startups. There is no evidence the firm makes commitments into third-party venture funds or operates a fund-of-funds program.
Which geographies does Startup TNT cover?
The firm runs weekly happy hours and Investment Summits in five Western Canadian cities, with confirmed leadership in Edmonton and Calgary. Portfolio companies are concentrated across the Canadian Prairies, including Alberta and Saskatchewan.
How is Startup TNT different from a standard angel network?
Startup TNT combines a recurring social event—a Thursday happy hour—with a structured, team-based due diligence process that culminates in a live investment summit. The firm syndicates every deal it facilitates, charging a flat fee rather than carried interest, which aligns its revenue with transaction volume rather than fund performance.
Does Startup TNT maintain philanthropic or adjacent vehicles?
No philanthropic foundation or separate venture fund is disclosed. The firm operates a co-location investor space in Edmonton and holds memberships in NACO and the Venture Capital Association of Alberta, but its primary vehicle is the summit-based syndication model.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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