True North Fund I launches fundraising

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By Ted Liu

True North Fund I Inc. has commenced fundraising in the summer for its inaugural fund True North Fund I LP.

True North Fund I LP has secured the backing of Export Development Canada (EDC).

True North Fund I will invest specifically in growth-stage technology companies – keeping them in Canada, and driving our innovation economy to new heights. Convening our best funders and founders, the fund will raise CDN $200 million to invest in growth-stage technology companies over the next five to 10 years.

A dream team of funders & founders
Creating a billion-dollar revenue company takes a lot more than simply writing a cheque at the right time. You need the right people surrounding you – peers who have been there before, and coaches who can guide you through difficult spots.

True North Fund I will leverage Canada’s global diaspora, providing access to knowledgeable expats inside the world’s top tech giants, and veteran founders with past successes and stories to share.

Founded in December 2021, True North Fund I is led by Managing Partners, Chris Albinson and Sean Brownlee.

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