The Cross-Border Biotech Blog

Biotechnology, Health and Business in Canada, the United States and Worldwide

Ontario Venture Capital Fund Does Direct Investments Too, But Still No Biotech

A press release today about I Love Rewards’ $8.7 million B round serves to remind everyone that the Ontario Venture Capital Fund has 20% of its $205 million allocable to direct co-investments.  Well, it did, at least.  Now it has $1.8 million less.

Other investors in ILR’s B round were GrandBanks Capital, out of Boston, and prior investors JLA Ventures and Laurence Capital.

Bookmark and Share

About these ads

One response to “Ontario Venture Capital Fund Does Direct Investments Too, But Still No Biotech

  1. Pingback: $50 million to BDC for Ontario Tech Investments, Will “Collaborate” With Ontario Venture Capital Fund « The Cross-Border Biotech Blog

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 129 other followers