Luge Capital, a fintech-focused venture capital fund that invests in exceptional founders who are determined to drive real change on a global scale, has raised $71 million for its second fund, which will focus on early-stage startups in Canada and the U.S. The fund’s first iteration, Luge Fund I, invested in 21 companies and notched at least one bonafide success story with Flinks, which the National Bank of Canada went on to acquire. Luge Capital is expanding the scope of its second fund to include fintech startups operating at the intersection of financial services and other large industry sectors, and fintech-oriented ESG startups, with slightly higher check sizes than its first fund.
Luge Capital Raises $71 Million for Fintech Investment Fund
