Canadian Fintech Venture Capital Fund Diagram Has Raised $25mn

Diagram has raised $25 million (USD$19.13 million) for a new fintech venture capital fund that will be led by Paul Desmarais III; Paul Desmarais is part of Quebec’s Desmarais family which has built a $7 billion (USD$5.36 billion) fortune through investment in the insurance business; the new fund’s initial fundraising effort has come from Portag3 Ventures LP and over 50 individual angel investors; the fund will invest in a variety of Canadian fintech companies.  Source

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