Pinetree Capital invests in venture-backed Spectra7 Microsystems
Canadian investment and merchant banking firm Pinetree Capital has acquired 5 million common shares and 5 million common share purchase warrants of analog semiconductor company Spectra7 Microsystems Inc (TSX.V: SEV). The investment represents 12.3% of the company's total issued and outstanding shares. Based in Toronto, Spectra7 was founded in 2012 through a merger backed by Canadian venture capital firms. Celtic House Venture Partners led the company's startup financing with the participation of Edgestone Capital Venture Fund III and Ventures West Capital. The company opened on the Toronto Stock Exchange in 2013.
31 March 2014•2 mins read
