![]() ![]() The BC Tech Fund is a $100-million fund of funds, ushered in by the previous BC Liberal government in 2015 with a mandate to build more local startups in the province.Īs a fund of funds managed by Toronto-based Kensington Capital, it’s backed venture capital funds including Vanedge Capital and Toronto’s Lumira Capital, which has opened a Vancouver office. Other investors include Toronto’s Information Venture Partners and Manulife Financial Corporation, Silicon Valley-based Runa Capital and Boston-based HarbourVest Partners, LLC. The taxpayer-backed BC Tech Fund is among the investors involved in the latest funding round. In a prepared statement, Mann said he was grateful to embrace the next stage of Procurify. Neither CEO Aman Mann nor any other representatives from Procurify were made available to speak to Business in Vancouver in the days leading up to the official announcement. The company said in a release that it would use the capital to grow its team, embark on a number of sales and marketing initiatives and expand its offerings into international markets. announced the close of its Series B funding round June 20. ![]() Why it matters: Procurify plans to hire more workers, expand internationallyĪ Vancouver startup specializing in helping companies manage their spending has its eyes on expanding both its roster and its international footprint after raising US$20 million. tech firm closes a Series B funding round to the tune of US$20 million ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |