Loi Venture is a $20M pre-seed fund focused on backing founders under 30 attending the League of Innovators Accelerator Program. The fund was co-founded by Ryan Holmes and Manny Padda to help accelerate early-stage startups in Canada. In 2017, Ryan Holmes (co-founder of Hootsuite) founded League of Innovators, a charity with a mission to help accelerate the growth of young entrepreneurs in Canada. To date, the program has graduated 250 businesses with a combined valuation of nearly $1B. In December 2021, Ryan and fellow board member Manny Padda (angel investor/board member of League of Innovators) co-founded Loi Venture. The $20M fund, ranging in pre-seed and seed-stage cheques, will be positioned to help accelerate early-stage startups in Canada who enroll in the Loi program.
Something looks off?