An initial investment capacity of $40 million will support the creation of around 20 technology start-ups
MONTREAL, June 23, 2022 /CNW Telbec/ – Quebec welcomes a new player in its innovative ecosystem with the creation of Triptyq Capital Fund I, the first venture capital fund dedicated to technology companies developing solutions for the creative industries. With an initial investment capacity of $40 millionthis fund will support the creation of some twenty start-up companies that develop and market applied technologies for the creative industries.
Triptyq Capital Fund, founded by Guillaume Thérien, Bertrand Nepveu and Charles Sylvesterintends to support companies and daring entrepreneurs who wish to actively participate in this digital revolution and take the lead in this vital and flourishing economic sector.
“Currently left behind in the entire financing chain, we intend to fill this void by conducting financing rounds and investing in bold teams approaching a high-potential market, thus playing a catalytic role across Quebec and fostering the development of stronger creative businesses, exporting technological solutions and attracting foreign investment to Quebec,” explains Mr. Thérien, partner at Triptyq Capital.
Peter FitzgibbonMinister of Economy and Innovation and Minister responsible for Regional Economic Development, note:
“Quebec’s digital creativity industry lacked funding for its entrepreneurs. Funds like Triptyq and the expertise of talented network managers meet the need to grow our creative industry. This will make it possible to showcase Québec’s know-how and culture around the world, in addition to supporting the growth of new businesses. »
Pursue Zú’s mission
In line with and contributing to Zú’s mission, Triptyq Capital and Zú have entered into an agreement to improve the services offered to startups, thereby filling a gap in the venture capital financing chain of the Quebec creative ecosystem.
Benefiting from privileged access to Zú’s support resources and innovative infrastructure, Triptyq Capital will be able to rely on a large multidisciplinary team to help it select candidates and carry out due diligence on portfolio companies, as well as only to foster their growth and success.
Triptyq Capital’s partners include the Government of Quebec, through its agent Investissement Quebec, Groupe Lune Rouge, Banque Nationale du CanadaBehavior Interactive, KO Capital Croissance, PHI, Sébastien Moreau, as well as numerous private investors from the creative and technological industries.
Full press release here.
About Triptyq Capital
Situated at Montreal With a global reach, Triptyq is a seed fund aimed at propelling tech founders fully committed to amplifying the creator economy. With an initial size of $40 millionTriptyq brings together strategic investors, industry leaders, financial and institutional partners who, through their in-depth knowledge, their “customer reach” and their smart capital, will help these companies to excel, grow and generate wealth in Quebec. .
SOURCE Triptyq Capital
For further information: Marilyne Levesque, Marelle Communications, [email protected]514-884-6351