White Star Capital raises $70 mln VC fund anchored by BDC

White Star Capital, a venture capital firm with offices in London, New York and Montréal, has secured US$70 million for its first institutional fund. BDC Capital was the anchor investor in the fund. Founded by Canadian-born Managing Partner Eric Martineau-Fortin, White Star is focused on deploying between $500,000 and $5 million to initial investments in early-stage technology companies in North America and Western Europe. Among its recent deals, the firm in May led a $6 million Series A financing of mnubo, an Internet-of-Things data analytics company based in Montréal. Canadian venture capital firm McRock Capital also invested in the round.

16 November 2015•3 mins read
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