RBC Unveils $1.4B Investment Fund for Canadian Tech Firms
Royal Bank of Canada (RY) has launched a C$1.4 billion investment initiative aimed at Canadian technology companies through its RBCx Growth Fund.
The fund will allocate up to C$416 million per recipient, providing strategic partnerships and expansion support.
This move is expected to deepen the bank's engagement within the domestic tech sector, fostering growth opportunities and new business relationships.