Eva Blue/Inovia
Canadian venture firm Inovia Capital just closed a whopping $450 million fund.
The company is scouting the next European tech unicorn as the continent preps for a wave of IPOs.
Partner and ex-Google CFO Patrick Pichette gave Insider the lowdown on Inovia's strategy for 2021.
Inovia Capital, the Canadian venture firm specializing in growth-stage tech startups, has just put together a $450 million fund – and is keen to discover Europe's next tech unicorns.
The firm now has close to $1.5 billion in capital at its disposal, and plans to invest its Growth Fund II in startups across the fintech, healthtech, e-commerce, travel and "future of work" sectors. Winners from Inovia's first $400 million growth fund include business software startup Lightspeed, travel firm Hopper, and Airbnb rival Sonder.