VC: The White Star Capital Fund announces closing of $ 70 million

White Star Capital, the transatlantic institutional venture capital fund announces the final closing of its first fund of 70 million US dollars.

Based in London, New York and Montreal, White Star Capital invests primarily in the tech-series, that is to say between 500,000 and 5 million US dollars investment in companies operating in North America and Western Europe. They have already made ​​US $ 25 million in companies such as robotics locksmith KeyMe, the predictive analytics company in the Internet of objects Mnubo Montreal and platform Cryex regulated exchange operations in Stockholm.

White Star was co-founded by Eric Martineau-Fortin, an investment banker specializing in transactions in the world of technology, and Christian Hernandez Gallardo, one of Europe's leading directors of Facebook. Eric and Christian were joined by Jean-François Marcoux, co-founder of Ludia, a company of Canadian video games, as well as by experienced former entrepreneurs who have created, developed or sold in high-growth companies.

This first fundraiser is largely sustained by sovereign wealth funds, institutional many entrepreneurs and family offices from 18 different countries.

"We are grateful for the support we have received from our investors in North America and Europe-including BDC Venture Capital, and Swen Suravenir Capital Partners - as well as our other partners fund. They helped to change White Star Capital of private investment, to a transatlantic institutional fund capital risk. We have purposely built a team with complementary expertise, to support entrepreneurs in their development  internationally, "said Eric Martineau-Fortin, co-founder and Managing Partner of White Star Capital.

White Star Capital supports companies with strong international ambitions in all areas related to innovation such as data, mobile, IoT etc ...

"We see ourselves as close partners of our contractors, which we support and which we will deploy capital, but that we also add our experience and our international network to help them realize their ambitions," added Christian Hernandez Gallardo, Co-founder and Managing Partner at White Star Capital.

White Star Capital is also a partner in thefamily and 50 Partners as mentors and investors. White Star's ambition is to build an entrepreneurial ecosystem in France can compete and complete ecosystems in New York, London, Berlin and Stockholm in helping businesses grow on a global scale and also working with authorities public.