Alida appoints Efrem Ainsley CEO as software firm targets “long-term sustainability”
Ross Wainwright departs after four years with the company formerly called Vision Critical.
British Columbia
Social Finance Fund-backed Realize Capital Partners reveals first nine investments
Recipients include Idealist, Maple Bridge, PaceZero, Raven, Relentless, and The51.
Vistara Growth secures $200-million CAD initial close for fifth private credit fund
Vistara sees opportunity post-SVB as bank lenders, VCs pull back.
Asian food delivery service Fantuan secures $40-million USD Series C round
The funding will be used to improve its platform and explore an expansion into other service sectors.
Innovate BC, NRC IRAP invest $2 million into 13 BC cleantech companies
BC Fast Pilot program has invested $9.9 million into 75 projects to date.
Spring Impact Capital launches $20-million fund to back cleantech, healthtech startups
New impact fund sprung out of Spring to focus on “human and planetary health.”
Active Impact Investments launches third climate tech seed fund with $70 million in initial commitments
LPs include Northleaf, Fondaction, Co-operators, Deloitte Ventures, University of Victoria.
TechBrew rebrands to 4AG Robotics, closes $17.5-million Series A to build mushroom-picking robots
Backed by BDC, InBC, and Emmertech, 4AG is gearing up to get its tech to farms.
Trio of Canadian tech companies show progress towards profitability in earnings this week
Thinkific hits positive EBITDA as Coveo and Mogo shrink losses.
Acton Capital closes $240-million USD Fund VI to invest in tech startups across Canada and Europe
Acton’s Canadian portfolio has included Chefs Plate, Clio, Knix Wear, Maple, and Mobify.
Slack CEO Lidiane Jones to depart after a year in the role
Jones will become CEO of Bumble as Salesforce-owned Slack looks for its third CEO in as many years.
PacifiCan invests $9.9 million CAD into Innovate BC’s cleantech adoption initiative
The Integrated Marketplace links local tech companies to industry partners looking to decarbonize.
Conexus, Emmertech alum Sean O’Connor joins TechBrew Robotics as CEO
TechBrew is an Emmertech portfolio firm that builds mushroom-picking robots.
Venture funding in Toronto, British Columbia rebounds in second quarter of 2023
Capital converges on a select few winners as Toronto and BC megadeals make a comeback.
BC venture deal volume reached a three-year low in first quarter of 2023
Startups in BC raised $95.1 million through nine deals in Q1 2023.