OCGC commits $55 mln to Yaletown, Emerald funds
Ontario Capital Growth Corp (OCGC), the venture capital agency of the Ontario government, has invested in two venture capital firms as part of its mandate to support the growth of clean technology companies in the province. OCGC committed $20 million to Yaletown Innovation Growth Fund, the emerging-growth technology fund of Canadian firm Yaletown Partners. It also committed $35 million to the Canadian energy technology fund of European firm Emerald Technology Ventures. In December, PE Hub Canada reported on the initial close of the Yaletown fund at more than $100 million.
1 May 2018•3 mins read
