Sanderling Ventures Raises US$30 Million for Canadian Fund from BDC & FTQ
The Business Development Bank of Canada and the Fonds de solidarité FTQ have announced today that they have made a US$30 million commitment to Sanderling Ventures in conjunction with its Fund IV, a life sciences fund with a target of US $250 million. The investment from BDC and FTQ will be placed in a Canadian side fund, with Sanderling creating a permanent facility for the development of early-stage life science companies and co-investment opportunities in Montréal.
5 September 2013•4 mins read
