January 23, 2013
Today, Mistral Venture Partners announced the close of their first round of venture capital funding. Originally set to close at $10 million, managing director Code Cubitt, is pleased to announce that this round was oversubscribed. The Fund’s overall target is $35 million. Mistral is the first new fund to close in Ottawa in over a decade and brings a breath of fresh air to Ottawa’s cash-starved startup community.