Wittington closes C$180M Fund 3

Wittington Ventures has raised a larger third fund as it expands its multi-sector venture strategy around areas connected to the broader Weston ecosystem.

What happened

The Toronto-based firm closed Fund 3 at C$180M, roughly 50% larger than its previous vehicle. The strategy targets around 15 Series A and B investments across consumer, commerce, healthcare, climate and food technology, with an additional growth strategy and a dedicated carve-out for Canadian food producers and growers.

Why it matters

Wittington has access to operating experience across businesses including Loblaw and Shoppers Drug Mart, which can be useful for startups selling into retail, healthcare and consumer markets. The larger fund gives it more capacity to continue backing companies beyond initial rounds.

The bigger picture

Corporate-family-backed venture firms can sit between conventional VC and strategic capital. Their value proposition increasingly depends not just on money, but on access to operating networks, customers and sector expertise.