Canadian tech talks down rounds, disasters, and “recipes for failure”
byFeaturing interviews with luminaries from OMERS Ventures, Shopify, Coveo, Clio, Unbounce, and L-SPARK.
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Canadian tech venture funding continued to fall in Q3 2022, CVCA reports
bySeed-stage startups, cleantech “two biggest winners” amid slowdown.
OMERS Ventures’ Laura Lenz says “ego raising” is over in #CDNtech
byVC says “there’s blame on both sides” for the lack of fundamentals in 2021.
Teralys receives $40 million from CDPQ in re-up for seed-stage fund of funds
byThe seed fund of funds comes in addition to Teralys raising a new VCCI-backed fund.
FinTech investor Holt Xchange launches fund at intersection of Web3, sports media, entertainment
byAdvisory council includes DeMar DeRozan, Raine Maida, and Milos Raonic.
With VCCI commitment, Kensington Capital Partners targets $290 million third venture fund
byWith renewed mandate from Government of Canada, Kensington aims to nearly double its previous fund.
BDC commits $400 million for second cleantech-focused fund
byClimate Tech Fund II focuses on reducing greenhouse gas emissions.
BC venture funding fell to a seven-quarter low in Q3 2022
byInvestor sentiment goes from FOMO to fussy as deal volume falls to three-year low.
Alberta’s tech winter arrived late but in earnest in Q3 2022
by2022 has still already surpassed the previous three years in Alberta venture funding.
Québec venture funding faced a perfect storm in Q3 2022
byA flurry of headwinds pummeled Québec’s tech sector into its lowest investment quarter in three years.
Graphite Ventures appoints Omi Velasco as principal to lead Western Canada deals
byGraphite now has local investment team members in Calgary, Waterloo, Ottawa, and Toronto.
Waterloo Region venture deal volume continued to slump in Q3 2022
byEarly-stage deals were nowhere to be found. So what comes next?
VCCI fund managers chosen for latest, $350 million injection of federal capital
byFour funds are: HarbourVest Partners, Teralys Capital, Kensington Capital Partners, Northleaf Capital.
Toronto venture funding plunged to a near two-year low in third quarter of 2022
byAmid uncertain climate, investors favour tending existing crops over sowing new seeds.
Manitoba government appoints board members of $50 million provincial fund of funds
byThe fund’s target size is $150 million.