Pangaea raises $56 mln for fourth advanced-materials fund
Canadian venture capital firm Pangaea Ventures has raised about $56 million (US$41.72 million) for its fourth fund, PE Hub reported, citing a U.S. Securities and Exchange Commission filing. The report confirms one made by PE Hub Canada in January. Drawing on a Pangaea newsletter issued at the time, PE Hub Canada reported Pangaea Ventures Fund IV secured roughly half its $105 million (US$80 million) target in an initial close. The fund’s limited partners included major corporations based in North America, Europe and Asia.
6 April 2017•1 min read
