BioCentury
ARTICLE | Financial News

CTI raises C$134M toward second fund

January 16, 2015 3:50 AM UTC

Canadian venture firm CTI Life Sciences raised C$134 million ($112.9 million) in the first close of its second fund, CTI II. The firm aims to close the fund with a total of C$175 million ($147.4 million) by November.

New investors Teralys Capital and BDC Capital participated along with existing institutional investors Fonds de solidarite FTQ and la Caisse de depot et placement du Quebec. ...