Real Ventures grows Fund III to $75 mln, adds partner and principal
Canadian venture capital firm Real Ventures has added $25 million to the $50 million it raised in April in the first close of Real Ventures III. The investors in the latest close include the Business Development Bank of Canada, Export Development Canada and Fondaction CSN, as well as several family offices and individuals. Fund III has a target of $100 million, peHUB Canada previously reported. Montréal-based Real Ventures also announced that former eBay and Kijiji executive Janet Bannister has joined the firm as a general partner, while former consultant and startup entrepreneur Omar Dhalla has joined as a principal. Operating from Toronto, Bannister and Dhalla will focus on deal opportunities in the Toronto-Waterloo corridor.
30 September 2014•4 mins read
