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Recently Funded|Amount: USD 15.0M|Industry: Venture Capital and Private Equity Principals

Trillick Ventures Launches $15M Fund to Empower Exceptional Manitoban Founders and Innovative Tech Startups Nationwide

Trillick Ventures

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Trillick Ventures is proud to announce the closing of Trillick Ventures Fund I—a $15M investment initiative that is set to transform the early-stage funding landscape in Manitoba. With a mission centered on "Investing in Exceptional Manitoban Founders," the fund is designed to fill a critical gap in venture capital investments in Manitoba. Despite being one of Canada’s provinces, Manitoba traditionally receives less than 1% of national venture capital investment, making this fund a pivotal step toward leveling the playing field for local entrepreneurs. The fund has been strategically allocated to support pre-seed and seed-stage technology startups, with plans to invest in 20-25 promising ventures. Notably, $10M of the fund is earmarked exclusively for exceptional Manitoban founders, ensuring that local innovators have the resources and backing they need to bring their pioneering ideas to life. Additionally, $5M is set aside to seize the best opportunities beyond provincial borders, reinforcing Trillick Ventures’ commitment to identifying breakthrough innovations with nationwide potential. A key component of the fund’s framework is a reserved 25% for follow-on investments, which will allow the firm to double down on the best-performing companies in its portfolio. This strategic reserve underscores Trillick Ventures’ long-term commitment to nurturing high-potential startups from their nascent stages through to significant growth milestones. Through this funding round, Trillick Ventures not only secures vital capital for the next generation of technology startups but also builds a robust ecosystem that empowers founders and paves the way for transformative innovation, both within Manitoba and across Canada.
May 27, 2025

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