InBC has committed $10 million into Vanedge Capital‘s Fund IV, a Vancouver-based venture fund focused on investing in early-stage hard tech (deep tech) companies.
With over 20 years of experience, Vanedge Capital has a proven track record for building and leading world-class companies. In addition to providing investment capital, the team brings its deep technical expertise and extensive network to help exceptional entrepreneurs to scale their businesses and attract follow-on capital.
“We appreciate InBC’s investment in Vanedge Capital’s Fund IV and are proud to be part of B.C.’s thriving technology ecosystem. Over the years, we have backed successful B.C. companies such as Canalyst, Bonsai Micro, Wurldtech, Axine, Recon Instruments, Autozen, Dyspatch and Vodasafe, among many others. Additionally, our team has played key roles in the growth of companies like Bycast, D-Wave, ALI Technologies and Electronic Arts. We look forward to working with InBC to continue fostering innovation and supporting B.C.’s entrepreneurial talent.”
— Paul Lee, Managing Director, Vanedge Capital
Based in Vancouver, Vanedge Capital has a history of backing innovative B.C.-based companies. With this financing, the fund will continue to invest in visionary technologists that are solving technical and business problems on a global scale.
InBC invested in Vanedge Capital alongside other investors. This investment is fostering more investment activity in B.C. and leveraging the fund’s expertise to support early-stage hard tech companies in the province.
InBC invests in venture funds to increase the number of investors in the province and reach more B.C. companies across a range of sectors, growth stages and impact areas. Funds looking for an investment can learn more and connect with our team here.