Panache signs Telus as LP, increases Fund I target to $50 mln
Panache Ventures has signed up Telus Ventures, the strategic investment arm of Canadian telecommunications company Telus Corp, as a limited partner. Panache, a Canadian seed-stage venture capital firm, also announced it will extend fundraising for Panache Ventures I and increase its target to $50 million from $40 million. Fund I raised an initial $25 million earlier this year. To date, Montréal-based Panache has closed 28 investments in IT security, content marketing, business and productivity software, marketplace, financial technology, digital media, life sciences, logistics and supply chain management, health and fitness, and other sectors.
13 November 2018•3 mins read
