Ripple Ventures raises $10 mln for debut early-stage tech fund
Toronto-based early-stage venture capital firm Ripple Ventures has closed its inaugural fund, raising $10 million in committed capital. Ripple Ventures Fund I was backed by unidentified limited partners in Canada and the United States. Launched this year by Managing Partner Matt Cohen, who will run Fund I alongside General Partner Michael Garbe, Ripple also opened an incubator space called the Tank. Fund I's first investments include Toronto telemedicine platform OnCall Health and Toronto construction technology provider Tread Technologies. The fund will invest in other companies in a range of North American technology sectors.
12 September 2018•3 mins read
