Graphite Ventures has held an additional close for its Graphite IAF IV, bringing total committed capital close to $100 million target.
Launched in 2021, Graphite IAF held a $77 million initial close early this year, securing $25 million each from OMERS and MaRS Investment Accelerator Fund (AIF), $27 million from IAF backed entrepreneurs.
Led by GPs, Aaron Bast, Lance Laking and Craig Leonard, Graphite Ventures is a Seeding for Scale venture firm, “investing at the earliest stages, and setting trajectories to accelerate growth.”
photo credit: Graphite Ventures