Vancouver’s Pender Ventures announced the final close of its Technology Inflection Fund II LP, reaching $100 million with support from Alberta Enterprise Corporation (AEC). The fund aims to propel Canadian health tech and B2B companies. AEC’s involvement strengthens ties to Alberta’s growing tech ecosystem, where health and life sciences startups are thriving.
Managing Partner Maria Pacella emphasized the shared goal of scaling high-potential firms nationwide. Notable contributors include BMO, VanCity, and Export Development Bank. Pender’s previous success includes Copperleaf Technologies and D-Wave Systems.
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