Canadian impact venture capital firm Renewal Funds has closed its latest fund, Renewal4, at $145 million. The fund was backed by more than 140 investors, including BDC Capital, The Co-operators and the clean technology stream of Ottawa's Venture Capital Catalyst Initiative (VCCI). Based in Vancouver, Renewal Funds invests in environmental technology and sustainable consumer products across North America. The fundraising brings the firm's total assets under management to $240 million.
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