Round13 Capital

Round13 Capital in the formation of two new venture capital funds

Client

Round13 Capital

Value

$325 million

Service

Venture Fund Formation

Date Closed

January 2020

Lead Office

Montréal

 

On January 22, 2020, Round13 Capital announced two new venture capital funds bringing it to over $325 million in capital under management. The first new fund, Round13 Fund II was led by the Labourer’s Pension Fund of Central and Eastern Canada. The second fund, Round13 Growth was led by Canadian charter banks, and aims to support 5-10 deals in the $20 million range. Round 13 plans to continue to use their funds to invest in Canadian technology companies and marketing projects.

Round13 Capital is a Toronto-based venture capital firm that invests in startup companies.

Osler, Hoskin & Harcourt LLP advised Round13 Capital with a team consisting of Chima Ubani (Emerging & High Growth Companies).