Luge Capital is raising $ 85 million to invest in Canada’s startups

Venture capital fund Luge Capital has now raised a total of $ 85 million to invest in early-stage Canadian fintech and AI startups, it said at the Canada FinTech Forum held recently in Montreal.

There are now almost 850 fintechs operating in Canada

After raising $ 50 million in 2017 and an additional $ 25 million last year, the fund has now raised another $ 10 million.

With plans for seed capital investments between $ 150,000 and $ 2 million, the fund is being used by some …

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