Red Jacket Private Equity to Raise C$60M VC Fund — Report

London, Ontario-based Red Jacket Private Equity plans to raise C$60 million for a new venture capital partnership to invest in innovative companies in the Waterloo region, according to The Record. The fund, which is named the Waterloo Tech Fund, will focus on companies based or incubated in Waterloo that already have finished products, customer traction, revenue and support from angel investors, The Record reports.

For more information, visit Red Jacket Private Equity’s website.