Canadian investment firm OMERS Ventures, which has back startups like Shopify and Hopper has announced today the launch of a €300 million venture capital fund in Europe to make long-term investments in some of the continent’s most innovative technology startups.
Based in Toronto, OMERS Ventures is the multi-stage venture capital investment arm of OMERS, one of Canada’s largest defined benefit pension plans with more than $97 billion CAD in net assets. OMERS invests in a diverse range of assets in public and private markets, infrastructure and real estate globally, including London City Airport, Vue Cinemas and iconic buildings such as The Royal Exchange in the UK.