Panache Ventures II closes on $75M target

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By CPE News

CPE News Brief (5.16.2022) – Panache Ventures has held a third close for Panache Ventures II, closing on its reportedly target of $75 million.

Limited partner investors include Alberta Enterprise Corporation and over 90 other investors.

Fund II is being led by GPs, Michael Cegelski, Patrick Lor, Prashant Matta, Scott Loong, Chris Neumann.

As Fund I, Fund II will continue to focus on seed and pre-seed investments.

photo credit: CPE News