Radical Ventures unveils $1B late-stage growth fund
Summary
Toronto-headquartered Radical Ventures has launched a new late-stage growth fund, securing over $1 billion in capital following its initial close, primarily backed by Canada’s major financial institutions. This move reflects the ongoing trend of Canadian financial organizations actively supporting domestic late-stage venture funds.
Analysis
Radical Ventures: Radical Ventures is a Toronto-based venture capital firm focused on growth-stage technology investments. The firm recently announced the unveiling of a new late-stage growth fund following its initial close. Much of the capital committed to the fund comes from Canada’s largest financial institutions. Venture Capital: Canadian financial institutions continue to participate in supporting domestic late-stage venture funds.
Categories
tech