Boreal Ventures closes on $43m for Fund II, targeting $60m

Limited partners in the Canadian firm's debut fund that have re-upped in Fund II include Government of Quebec through Investissement Québec, BDC Capital, Fonds québécois d'amorçage de Teralys (financed by La Caisse, formerly CDPQ) and Capital régional et coopératif Desjardins.