Real Ventures has secured capital from limited partners including Tencent and Singapore state-owned investment firm Temasek for funds aimed at Montreal and wider Canada.
Canada-based venture capital firm Real Ventures closed a C$180m ($140m) fundraising effort yesterday backed by internet company Tencent to launch two new funds.
The firm attracted more than 60 limited partners to raise the money, with Singapore state-owned investment firm Temasek also among the backers.
LPs also include BDC Capital, the investment arm of state-owned economic development agency Business Development Bank of Canada, HarbourVest and Teralys Capital.
The majority of the cash will be put into a $116.7m fund aimed…
