On May 1, 2024, Netskrt announced the closing of a $10 million Series A financing round. The round was led by Yaletown with participation from inBC and Crédit Mutuel Equity. The investment will enable Netskrt to expand into international markets, bolstered by improved customer support, engineering, and operations.
Yaletown, headquartered in Vancouver, Canada, is a venture capital firm specializing in early stage, growth stage and emerging growth companies at a post-startup growth stage.
InBC, based in Vancouver, Canada, is a strategic investment fund focusing on growing companies and venture funds which demonstrate a measurable impact for people, planet, and profit in British Columbia.
Crédit Mutuel Equity, headquartered in Paris, France, is a venture capital firm supporting the growth and innovation of startups, SMEs, and mid-sized companies.
Netskrt, based in Vancouver, Canada, is a technology company that extends the reach of internet video to remote locations and environments with constrained bandwidth.
Osler, Hoskin & Harcourt LLP advised Yaletown, inBC, and Crédit Mutuel Equity with a team consisting of Mark Longo, Jacques Du Plessis, Manveer Bisla, and Michelle Wong (Emerging and High Growth Companies).
Key Contact
Vancouver Managing Partner, Vancouver
Team
Partner, Emerging and High Growth Companies, Vancouver
Associate, Emerging and High Growth Companies, Vancouver