BlackTech Capital launches $2-million fund to back underrepresented cleantech founders

Toronto’s BlackTech Capital (BTC) has officially launched its Catalyst fund, which will back early-stage cleantech companies led by founders who have traditionally been underrepresented in the tech sector. On Wednesday, the firm announced that it held a $500,000 first close of a target $2-million CAD fund, which it aims to close before the end of the year. Its anchor investors are Ontario-based impact investing family office Dragonfly Ventures, Canada’s largest Black-led VC fund BKR Capital, and