News Summary

Toronto-based GreenSky Ventures has successfully closed its sixth venture fund, raising $23.5 million CAD to invest in early-stage Canadian B2B deep tech and enterprise software startups. This fund, the largest in GreenSky’s history, surpasses the $21 million raised in its fifth fund. The capital was secured from over 100 limited partners, including high-net-worth individuals, family offices, and wealth management firms. Notably, the New Brunswick Innovation Foundation (NBIF) joined as a first-time limited partner. Jeff Brunet, a seasoned tech founder and angel investor, joined GreenSky as a managing partner, bringing his extensive experience in AI and successful tech exits to the firm. GreenSky’s sixth fund focuses on seed and Series A stage companies, with investments already made in startups like BioAlert Solutions, Edgecom Energy, Rivr, and Brickeye. The addition of NBIF as a partner opens new opportunities for co-investment in Atlantic Canada. GreenSky has raised approximately $78.5 million to date and has a portfolio of 32 Canadian tech startups.