$30M CLOSING OF TANDEMLAUNCH VENTURES III
New fund will support the creation of 20 new Canadian technology start-ups
Montreal, Quebec — November 4, 2019 — TandemLaunch, a start-up foundry and seed fund focused on creating, incubating and accelerating early-stage technology start-ups, today announced the final close of the TandemLaunch Ventures III (“TLVIII”) fund for total proceeds of approximately $30 million. This fund is dedicated to the creation of over twenty disruptive Quebec-based technology companies that have the potential for global commercialization.