Lumira IV to donate profit portion to healthcare foundations
Canadian life sciences venture capital firm Lumira Capital said that a portion of the profit share from its latest fund, Lumira Capital IV, will be donated to up to fifteen healthcare foundations in Canada. The donation will support foundations' research, translational medicine and healthcare access missions. Additionally, affiliated foundation institutions will gain access to Lumira's team and networks to accelerate their strategies. Lumira said the initiative was welcomed by fund investors, including BDC, Caisse de dépôt et placement du Québec, Fondaction CSN, Fonds de solidarité FTQ, Iljin, Kensington Capital Partners, Northleaf Capital Partners and Teralys Capital.
6 June 2017•4 mins read
