Yaletown Innovation Growth
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Following the announcement of a cleantech equity fund mandate and the launch of a cleantech expression of interest in early 2017, Venture Ontario Identified Yaletown as a leading candidate and committed $20 million to Yaletown’s Innovation Growth LP.
Yaletown is focused on assisting Canadian technology companies to scale and become market leaders. Investments are targeted at emerging-growth companies across Canada focused on enhancing sustainability and productivity in the cleantech, intelligent industry and intelligent enterprise sectors.
We were delighted to have Venture Ontario join as a limited partner, alongside other leading institutional investors such as OPTrust, in Yaletown’s Innovation Growth Fund (“IGF”). Ontario has one of the world’s most dynamic technology ecosystems. Through IGF we are supporting emerging growth companies to scale up and successfully compete globally.
Salil Munjal, Managing Partner, Yaletown Partners