Dentistry gig work platform Fairly Staffing aims to help industry meet demand
Edmonton startup announced new investment from Accelerate Fund.
VC
Mistral Venture Partners sets up shop in Alberta
Following fifth fund closure, VC firm eyes Calgary as the home base for a permanent Alberta expansion.
How to fix Canadian VC
Canada faces structural capital challenges requiring collective action.
BDC launches $150-million life sciences fund
Parimal Nathwani will manage fund directly investing in therapeutics and MedTech companies.
NACO wants feds to use $750 million in VC funding to back startups earlier
Angel investor group proposes early-stage fund matching and infrastructure programs as part of federal VC strategy.
Feds reveal streams behind $1-billion VC initiative as budget becomes law
Government’s commitments to defence, financial services, VC, and more pass royal assent after months of debate.
Canadian VCs are starting to fear an AI-driven “SaaSpocalypse”
At CIX Summit’s Investor Forum, VCs grappled with AI’s impact on an already tough market.
UBC and InBC launch new fund to support university spinouts
Private capital will add to $10-million contributions from both UBC and InBC.
BKR Capital secures initial $20 million for second Black Innovation Fund
Firm aims to address growing VC funding gap for Black founders in Canada.
Boreal Ventures launches second seed fund with $43-million first close
Ex-Lightspeed head JD Saint-Martin takes over as co-managing partner as Montréal VC aims to raise $60 million.
BDC expands Defence Platform to $6 billion and names a StrongNorth Fund leader
Feds inject $1.2 billion more into BDC’s strategy to help SMBs seize defence opportunities.
Janet Bannister’s Staircase Ventures closes $50-million second fund
BDC Capital, University of Alberta, InBC join early-stage Toronto VC firm’s LP base.
CVCA and NACO offer competing visions for feds’ $750-million venture envelope
NACO points to early-stage gaps, while CVCA wants capital committed to growth.
Manitoba looks to spur more investment with tax credit ceiling raise
Starting in April, small business venture capital tax credit will be capped at $30 million.
Private equity firm Novacap closes seventh and largest tech fund
The nearly $3.8-billion USD fund continues “disciplined” tech buyout strategy.