Pender Ventures Announces Final Close of Second Venture Fund at over $100M with Investment from Alberta Enterprise Corporation [Canadian Business Journal (Canada)]
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Source: Canadian Business Journal
VANCOUVER, British Columbia, Nov. 14, 2024 (GLOBE NEWSWIRE) — We are proud to announce the final close of our second venture fund at Pender Ventures, Technology Inflection Fund II LP at over $100M with significant support from Alberta Enterprise Corporation (AEC). This closing represents a significant milestone in our mission to support the growth of resilient, scalable, and diverse Canadian technology companies.The addition of Alberta Enterprise Corporation as an investor strengthens our goal to support high-potential companies, including within the vibrant Alberta tech ecosystem. Alberta’s innovation landscape is thriving, powered by forward-thinking startups and a community of support from institutions, investors, and local leaders. Pender Ventures’ investment strategy aligns closely with Alberta’s commitment to driving economic growth through technology and health-tech innovation, positioning these sectors as pillars for Canada’s long-term success.“We are thrilled to welcome Alber
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