First Close of Espresso Fund III Attracts $35M
Vancouver's Espresso Capital, which provides venture debt financing to technology companies, announced the first close of its Espresso Fund III at C$35 million. The fund, which is focused on tax credit financing, is expected to be capitalized at over C$150 million. Since 2009, Espresso has deployed over C$40 million in loans to over 130 clients in Canada. Companies recently backed by Espresso include Collabware, MConcierge and Nakina Systems and Skyreader Media.
10 April 2013•2 mins read
