Kensington Venture Fund announced a commitment to Whitecap III, the venture capital firm’s third fund and their first to bring in investments from limited partners. The Whitecap team is led by Partners Carey Diamond, Blaine Hobson and Joe Catalfamo.
As a diversified early stage fund focused on industry sectors, Whitecap III will invest in Information and Communications Technology (ICT), Med Tech and Food Tech sectors, industries where the Whitecap team has built domain knowledge and has demonstrated success.
“Kensington is delighted to be partnering with the Whitecap team on their new fund,” said Kensington Managing Director Tom Kennedy. “We have a long history of successfully investing together and look forward to the new opportunities arising from Whitecap III.”
Other notable investors in Whitecap III include Bank of Montreal (BMO) and several high net-worth families.
View the full Press Release here.