GTMfund closes $54-million USD Fund II to back more early-stage Canadian B2B SaaS startups
Vancouver VC firm plans to grow its Canadian team, invest more in Canada via Fund II.
Vancouver
Clio and Intel add new general managers in Canada as #CDNtech exec shakeups carry into 2025
ThoughtExchange, Verv, and Lorica also started the year by making changes at the top.
Mangrove Lithium secures $50.4 million to construct lithium refining plant in British Columbia
Company claims facility will produce enough battery-grade materials annually to power 25,000 EVs.
Moment Energy raises $21.5-million Series A amidst tough funding climate for cleantech hardware startups
EV battery repurposing startup to double size of Vancouver HQ and build gigafactory in Texas.
Leaders from Clio, Certn, Humi and others talk M&A at TechExit.io
Join TechExit.io on Feb. 25 in Vancouver to learn how to navigate 2025’s dealmaking landscape.
Luge Capital, Pender Ventures hire in Alberta following investments from AEC
Luge adds investor Chelsea Gillett from The51, Pender adds associate Jacob Grainger from Plug and Play.
BBTV rebrands to RHEI, launches new AI training licensing platform for creator content
Media tech firm went private last year to alleviate “financial and administrative burden” of public markets.
Work automation platform Gumloop raises $24.5-million Series A as it relocates to Silicon Valley
Gumloop CEO says Vancouver suffers because “San Francisco is a very strong magnet for exceptional talent.”
Broadsight appoints Steve Lowry as CEO to help UBC spinout build “the Salesforce for comms”
Co-founder Kurt Heinrich transitions to CSO in leadership shuffle.
Aspect Biosystems lands $165-million CAD Series B to advance 3D-printed tissue therapies
Financing pushes Vancouver startup closer to clinical trials targeting diabetes, liver disease.
Bench had a crazier holiday break than your startup
Bench acquired by Employer.com three days after abrupt Dec. 27 closure.
Why Round13 Capital is betting on venture debt
Following unsuccessful bid for SVB Canada’s assets, Round13 wants to target underfunded startups with TIMIA.
Spexi raises $16.2-million CAD Series A for blockchain-based drone imagery network
Startup’s long-term goal is to reward drone pilots on its platform with a native crypto utility token.
FDA clears drug for rare and deadly GI cancer developed by Canadian firm Zymeworks
Co-founder of Zymeworks calls approval “the dream that many said was not possible.”
Pender Ventures closes second B2B software, healthtech-focused VC fund at $100 million
Managing partner attributes success in a tough environment to its returns, committed anchor, and consistency.