Vanedge Capital holds initial close for fund III

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By CPE News

CPE News Brief (6.3.2022) – Vanedge Capital has held an initial close in Q1 2022 for its third fund.

Known limited partners include Export Development Canada (EDC) and others.

Formed in 2021, Vanedge Capital has yet to make an announcement on initial closing.

Fund III predecessor fund, Vanedge Capital II, is a $161 million 2015-vintage fund closed in 2017.

Vanedge Capital is an early-stage venture capital fund based in Vancouver and Silicon Valley. Vanedge Capital is led by Managing Partners, V. Paul Lee and Dr. Moe Kermani, Ph.D., and Partner Amy Rae.

photo credit: Vanedge Capital