Cleantech VC ArcTern Ventures announces second close, $165 million in Fund II
ArcTern Ventures has announced the second close of its Fund II, drawing in $165 million from investors including TD Bank Group, Suncor, and BDC….
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McRock Capital announces initial close of $80 million for Fund II
McRock Capital has held an initial close of its second venture capital fund, McRock Fund II LP, with $80 million in funding to continue…
Build Ventures closes $50.5 million CAD for Fund II
Build Ventures, which focuses on investing in early-stage technology companies across Atlantic Canada, has announced that its second fund, Build Ventures II, has closed…
NACO, Invest Atlantic to host Atlantic Funding Founders Summit
The National Angel Capital Organization (NACO) will be hosting the first annual NACO Atlantic Funding Founders Summit this month, an event aimed at strengthening…
Bitcoin Bay, BitAngels partner to increase investment in Toronto blockchain ecosystem
Bitcoin Bay, a Toronto-based blockchain and solutions company, is partnering with BitAngels, a US-founded investor network for the blockchain sector, to host educational events…
Venture capital investments hit record high in first half of 2019
Canadian venture capital investments in the first half of 2019 hit a record high of $2.15 billion, according to the Canadian Venture Capital and…
Drop closes $58 million CAD Series B with eyes on accelerated growth, going public
Mobile rewards startup Drop has closed a $58 million CAD ($44 million USD) Series B to help accelerate its growth and allow it to…
Mobile offers platform GetintheLoop partners with RBC Ventures
Kelowna-based mobile offers platform GetintheLoop has announced a partnership with RBC Ventures to bring offers and experiences from local businesses to users of Rocketman,…
iGan Partners to host second ‘Pitch to Heal’ competition
Early-stage healthcare venture capital and private equity fund, iGan Partners, is looking for innovative healthtech startups to pitch live at its second Pitch to…
Clearbanc raises $300 million USD to take entrepreneur funding model global
Just over half a year since raising $159.28 million CAD, Clearbanc has raised an additional $393 million CAD ($300 million USD) to help scale…
Report: Canada sees tempered decline in VC deals after record-breaking 2018
According to CB Insights and PwC Canada’s latest MoneyTree report, the first half of 2019 might not have matched a record-setting 2018, but deals…
Backed by Diagram, mortgage startup Nesto latest addition to Power Financial’s “FinTech Justice League”
When BetaKit last checked in with the ‘FinTech Justice League’ (Power Financial’s portfolio of FinTech startups built to attack banking incumbents), Wealthsimple had raised…
Conexus launches $30 million venture fund to support Saskatchewan startups
The Regina-based Conexus Credit Union has launched a $30 million venture fund that will be focused on investing in Saskatchewan-based startups. “While our ecosystem…