TandemLaunch nets $12 mln in initial close of third seed fund
Canadian venture capital firm TandemLaunch has secured $12 million in the first close of its third fund, TandemLaunch Ventures II. BDC Capital was the lead investor in the fund, committing $4 million, with the balance accounted for by Guy Laliberté's Lune Rouge Innovation, Speed of Trust Ventures, YUL Ventures, Nathalie Marcoux and Jean-Francois Grenon. Founded in 2010 by General Partner Helge Seetzen, TandemLaunch creates, incubates and provides seed funding to companies in consumer electronics and multimedia technologies. Its portfolio investments include Landr Audio, Mirametrix, which PE Hub Canada profiled along with TandemLaunch in June 2014, and Sportlogiq.
24 May 2016•3 mins read
