TandemLaunch closes $37-million Fund IV to create and back deep tech startups
Through VCCI, feds support the firm’s plans to launch new Montréal companies.
VC
CMD Capital halts fundraising amid “tough” VC market
Experienced early-stage VCs say the “timing and context are wrong for us to raise a first-time fund.”
Megadeals kept Canadian VC funding afloat in 2024: report
Clio’s historic Series F round prevented Canada’s VC funding totals from dropping six percent year-over-year.
Certn and Quadshift secure capital from BDC Capital’s topped-up funds
Funding follows apparent departure of Certn president less than a year into the job.
BDC Capital targets late-stage tech companies with nearly $1 billion in new fund commitments
Investment bank’s Growth Venture Fund will now directly invest in Canadian tech companies.
Canada Growth Fund commits up to $50 million to Longbow Capital’s second Energy Transition Fund
Commitment marks the 10th investment from the federal government’s clean energy investment fund to date.
Thomson Reuters launches second Corporate Venture Capital Fund with $215 million
TRV continues to target Series A investments in its legal, tax, and accounting focus areas.
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.
Conexus Venture Capital makes first Fund II investment into parking software startup Offstreet
Regina-based company closes $2.4-million second seed round amid tough provincial fundraising environment.
Atlantic Canada’s startups are finding creative ways to grow
Axtion, Curv Health among those navigating limited access to venture capital in the region.
Private equity firm Novacap raises more than $1-billion USD for first digital infrastructure fund
Novacap CEO says digital infrastructure will remain in high demand due to growth of AI.
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.
The51 holds $51-million final close for Food and AgTech Fund amid challenging venture market
ATB Financial contributed the final dollar to the fund that has been raising since 2021.
In 2024, Canada struggled to find its place in the global AI race
Canada can’t outspend its peers. So how might it outsmart them?
Why Round13 Capital is betting on venture debt
Following unsuccessful bid for SVB Canada’s assets, Round13 wants to target underfunded startups with TIMIA.