N49P’s $25-million USD first close for Fund IV will help it hunt more “diamonds in the rough”
Toronto-based venture capital (VC) firm N49P has completed the first close of its fourth fund, securing $25 million USD ($34 million CAD) in commitments towards its $70-million target. N49P announced the news on Thursday morning. This close is more than double the size of N49P’s second fund, which it raised in early 2020, and nearly…
