Company creator TandemLaunch raises $15 mln for third seed fund

TandemLaunch has raised $15 million in the close of its third seed fund. TandemLaunch Ventures II hit maximum capitalization thanks to additional commitments from BDC Capital, as well as new commitments from investors in China, Singapore, the United Kingdom and United States. In all, 44 limited partners invested. They included Guy Laliberté's Lune Rouge Innovation, Speed of Trust Ventures, YUL Ventures, Nathalie Marcoux and Jean-Francois Grenon. Montréal's TandemLaunch will use the funds raised to build another dozen synthetic startups that respond to innovative trends. PE Hub Canada interviewed TandemLaunch's founder, Helge Seetzen, in June.

15 November 2016•3 mins read
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