Red Thread Ventures

Red Thread Ventures (RTV) is a global investment and advisory firm. We form long term partnerships with early stage companies led by incredible management teams across a variety of industries. Besides capital, Red Thread adds value by leveraging an extensive CFO and capital markets executive network to aid ventures as they scale from idea to Pre-IPO and beyond. Red Thread Ventures currently manages two investment funds, a VCC (Venture Capital Corporation) fund focused on pre-seed/seed stage opportunities in British Columbia and a "Global Fund" for follow-on investments and opportunities across different geographies and asset classes.

James Mark Mitchell

Principal and Director

Past deals in British Columbia

Mesentech

Seed Round in 2022
Mesentech Inc. is a regenerative medicine company based in Vancouver, Canada, specializing in the development of therapeutics that target bone-related diseases. The company utilizes a unique prodrug platform that delivers bi-specific small-molecule therapeutics selectively to bone tissue, minimizing side effects associated with systemic exposure. Its lead product, MES1007, is a bone-targeted prodrug of a prostaglandin mimetic, designed to potentially reverse bone loss linked to conditions such as Duchenne muscular dystrophy and osteoporosis. Mesentech's proprietary technology overcomes the challenges of delivering medications to the difficult-to-treat bone environment, which often requires high drug doses and can lead to significant side effects. Through pre-clinical in-vivo models, the effectiveness of this bone-targeting system has been confirmed, positioning Mesentech to address various low-bone-density disorders and enhance bone healing outcomes. The company was incorporated in 2013 and continues to innovate in the field of bone therapeutics.

Backstageplay

Post in 2021
Backstageplay Inc. is an online entertainment and marketing company that operates a gamification platform at backstageplay.com. The platform connects online gaming operations with artists, their music, virtual goods, and fans, facilitating engagement through rewards for participation and gameplay activities. By allowing artist partners to interact meaningfully with their audience, Backstageplay enhances the gaming experience while providing a space for game publishers to concentrate on creating high-quality games. Founded in 2016 and originally known as Oramericas Corp., the company is headquartered in Vancouver, Canada, and serves the iGaming and Crypto/NFT sectors.

Solution Financial

Post in 2021
Solution Financial Inc. is a Canadian company based in Richmond that specializes in leasing and financing high-end automotive vehicles, boats, and commercial equipment. Established in 2004, it primarily serves new immigrants, business owners, and international students in the Greater Vancouver area. The company has expanded its offerings over the years, adding yachts and luxury speed boats to its portfolio, alongside its core business in luxury vehicle leasing. In addition to leasing services, Solution Financial is involved in end-of-lease sales activities, contributing to its revenue primarily through the sale of vehicles.

Solution Financial

Post in 2021
Solution Financial Inc. is a Canadian company based in Richmond that specializes in leasing and financing high-end automotive vehicles, boats, and commercial equipment. Established in 2004, it primarily serves new immigrants, business owners, and international students in the Greater Vancouver area. The company has expanded its offerings over the years, adding yachts and luxury speed boats to its portfolio, alongside its core business in luxury vehicle leasing. In addition to leasing services, Solution Financial is involved in end-of-lease sales activities, contributing to its revenue primarily through the sale of vehicles.

Backstageplay

Pre Seed Round in 2020
Backstageplay Inc. is an online entertainment and marketing company that operates a gamification platform at backstageplay.com. The platform connects online gaming operations with artists, their music, virtual goods, and fans, facilitating engagement through rewards for participation and gameplay activities. By allowing artist partners to interact meaningfully with their audience, Backstageplay enhances the gaming experience while providing a space for game publishers to concentrate on creating high-quality games. Founded in 2016 and originally known as Oramericas Corp., the company is headquartered in Vancouver, Canada, and serves the iGaming and Crypto/NFT sectors.
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