The Innovation Growth Fund further deepens its expertise and knowledge of innovative technology companiesYaletown Partners, one of Canada’s premier Venture Capital firms, is pleased to welcome Michael Sfalcin as Principal in its Toronto office. Yaletown is a leading investor in companies that enable the application of data and technologies to digitally transform traditional industries, create operational efficiency and reduce the impact of climate change. Bringing a deep understanding of the technology industry, as well as solid experience in analyzing and negotiating investment opportunities, Michael’s addition to the team expands Yaletown’s capabilities to identify and create new investment opportunities across Canada.“Michael has the perfect profile to complete our expanding team as we focus on enabling transformation to an ‘Intelligent Industry’,” said Salil Munjal, Managing Partner of Yaletown. “His knowledge of innovative technology companies, their particularities, their financing needs and the evolution of the sector is an asset for the pursuit of our growth.”“I am thrilled to join an investment fund that has a concrete vision for the future, not only for its investors and for the companies it supports, but also for what shall be the next phase of the industrial development,” commented Michael Sfalcin “By focusing on innovative projects that reduce the impact of climate change and create operational efficiency as a true competitive advantage, Yaletown is contributing to the emergence of tomorrow’s sustainable growth.”About Michael SfalcinFor over 10 years, Michael has worked at the intersection of the technology and finance industries in many capacities, including co-founder, investor, and consultant. Michael has sourced, managed and completed dozens of investments and specializes in providing technology companies with growth capital to scale operations. Before joining Yaletown as a Principal in the Toronto office, he helped a Schedule A Bank re-enter the technology lending market. For the five previous years, he was an Investment Director with a venture capital and venture debt firm, leading more than 15 successful investments. Michael began his career with a seed-stage incubation and investment firm that was created and financed by a successful entrepreneur. Having graduated from McMaster’s DeGroote School of Business, Michael earned his MBA in Finance and Management of Innovation and New Technology.About Yaletown PartnersYaletown is a leading investor in companies that enable the application of data and technologies to digitally transform traditional industries, create operational efficiency and reduce the impact of climate change. In 2017, Yaletown received the CVCA’s Venture Capital Deal of the Year award for its investment in BitStew, Canada’s largest venture financed exit of 2016. Backed by leading institutional investors, including pension funds, and a network of successful technology entrepreneurs, Yaletown has offices in Vancouver, Calgary, Toronto and Montreal. For more information, please visit www.yaletown.com.For more information:Viviane Ross(514) 843-2318vross@national.ca
