Untapped Asset 1:
Overlooked Canadian VC Fund Managers
Findings:
Between 2023 and 2024, we observed a significant funding gap for small and medium-sized VC firms in the United States, despite their strong due diligence capabilities compared to larger firms. This shortfall stems from multiple factors.
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In Canada, the situation is further compounded by the fact that funding facilitation is largely driven by the government or government-affiliated institutions, creating an unsustainable ecosystem. As a result, we have witnessed an increasing number of startups leaving Canada at an unprecedented rate.
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Through in-depth research on Canadian fund managers, particularly emerging VCs, we have identified many highly capable firms that effectively leverage Canada’s unique innovation landscape while providing global insights and market access for their portfolio companies. We believe these innovative VC funds have the potential to outperform existing players and establish themselves as competitive forces on the global stage.
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Investment Criteria:
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Emerging Manager, Fund II/III
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Fund Size: 50M - 100M CAD
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Check Size from Our End: 200K - 1M CAD
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Sector: Healthcare, AI (domestic portfolio), Semiconductor, Cleantech, Entertainment.
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Unique insights and networks that other are not comparable in your domain.
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Manager's past exit and operational success is a plus.
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Standard Management, Hurdle, Carry terms.
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Prefer future first-hand follow-on opportunities.
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LP consistent communication and transparency is the key.
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Detailed study will be posted in blog section to those who are interested in futher exploration into this assets class.​