RBC Launches Billion-Dollar Canadian Tech Growth Fund
The RBCx Growth Fund will back up to 15 companies and add commercialization support as foreign investors supply most growth capital, RBC said.
6 Articles
6 Articles
RBC launches billion-dollar Canadian tech growth fund
The Royal Bank of Canada (RBC) has revealed plans to raise and anchor a new, $1-billion USD ($1.4-billion CAD) fund to back scaling Canadian technology companies. The news: RBC announced the RBCx Growth Fund on Wednesday morning. The fund will make direct equity investments in growth-stage domestic tech firms “with the potential to scale into global powerhouses,” and provide access to commercialization opportunities, strategic partnerships, and …
RBC to mobilize $1.4 billion to back Canada's next global technology champions and advance nation-building efforts
/PRNewswire/ -- RBC today announced a $1.4 billion (US$1 billion)1 initiative to invest in Canadian technology companies with the potential to scale into...
Royal Bank of Canada plans $1.4-billion growth fund to help Canadian tech companies scale - South Asian Daily
Royal Bank of Canada is launching a new US$1-billion, or approximately C$1.4-billion, investment fund aimed at helping high-growth Canadian technology companies expand globally while keeping more ownership and economic benefits in Canada. The bank announced the RBCx Growth Fund I on Wednesday, saying it will make direct equity investments in growth-stage Canadian technology companies with […] The post Royal Bank of Canada plans $1.4-billion grow…
As the Canadian Investment Summit approaches, the RBCx I Growth Fund will combine advanced, disciplined investments with the
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