Toronto-based Two Small Fish Ventures (TSFV) has closed its third venture fund, meeting a $40-million CAD target. The final close follows an initial $24-million CAD close in October 2022. TSFV invests in early-stage tech startups with significant potential. Co-founded by Eva and Allen Lau, the firm leverages their expertise to pick winners.
Fund III has attracted new and repeat institutional investors, including Northleaf, BDC Capital, and Inovia Capital. TSFV’s strategy focuses on early investment in promising tech startups like Ideogram. The fund’s growth underscores the increasing demand for advanced tech investments.
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