Vancouver (BC), Canada-based Vanedge Capital has held an initial close of its maiden venture capital fund, Vanedge Capital I L.P., with over $100m in committed capital. Limited partners include Teralys Capital, BC Renaissance Capital Fund, BDC Venture Capital, Nicola Wealth Management Ltd., as well as additional institutional investors and a group of individual investors.
Vanedge Capital, which will invest in companies “that can build long-term value by creating compelling interactive consumer digital experiences”, plans to invest throughout North America, with a primary focus within Canada.
The fund management team, with decades of world-class operating experience relationships in the digital media sector, includes Paul Lee (Managing General Partner), Glenn Entis (General Partner), Divesh Sisodraker, and Jason Chein.
FinSMEs
27/05/2010