Briefing

ScaleUp Ventures looking to raise US$500 million for Canada’s largest private cleantech fund

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The Toronto-based venture capital firm is rebranding as Climate Innovation Capital and has raised US$20 million so far. General partner Kevin Kimsa has tapped three high-profile executives to co-lead the fund: Paul Manias, OMERS Platform Investments’ former managing director; Nelson Switzer, Nestlé Waters’ former chief sustainability officer; and Paul Atkinson, an entrepreneur and managing partner of investment firm Southwest Sun. (The Globe and Mail)

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