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Top Down Ventures Ltd. announces first close of US$25 million Top Down Founders Fund I

Fasken
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Overview

Client

Top Down Ventures Ltd.

Top Down Ventures Ltd. announces first close of its venture capital fund, Top Down Founders Fund I. The fund aims to invest in early-stage and growth-stage startups, particularly those developing innovative and disruptive technologies. Top Down Ventures Ltd. plans to use the funds to back entrepreneurs with promising ideas and provide not just capital, but also mentorship and strategic support to their portfolio companies. This initiative underscores the firm's commitment to fostering innovation and growth in the technology sector.

A Fasken team composed of Jonathan Halwagi, Eric Blondeau and Léa Pascale Fauteux Filiatrault advised Top Down Ventures Ltd. in connection with the establishment and the first closing of Top Down Founders Fund I.

Jurisdiction

  • British Columbia

Team

  • Jonathan Halwagi, Partner, Montréal, QC, +1 514 397 5226, jhalwagi@fasken.com
  • Eric Blondeau, Partner, Montréal, QC, +1 514 397 7644, eblondeau@fasken.com
  • Léa Pascale Fauteux Filiatrault, Associate, Montréal, QC, +1 514 397 7476, lfiliatrault@fasken.com