Micromobility expert, Horace Dediu, joins Relay Ventures as a partner, chief market strategist
Relay Ventures has brought on board Horace Dediu, a micromobility expert, as a partner and chief market strategist. In his new role, Dediu will…
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StandUp Ventures reveals second fund dedicated to women-led startups with $30 million initial close
StandUp Ventures has secured just over $30 million in initial capital for its second fund after finding early success investing in women-led startups. The…
Vancouver-based First Fund closes additional $6 million for pre-seed investment fund
Samarth Chandola began his entrepreneurial journey in Canada with a $35,000 cheque from an angel investor to launch his first startup. Eight years later…
Radical Ventures expands leadership team, adds partner in San Francisco
Radical Ventures has added three new people to its team, and promoted two others, as the Toronto-based venture capital firm looks to expand its…
Millions.co raises $12.6 million CAD for social commerce platform for athletes
Millions.co lived up to its name on September 14 when the Toronto-based company announced it raised $12.6 million CAD ($10 million USD) in its…
Panache Ventures acquires Commonwealth Ventures, launches Fund II
Montreal’s Panache Ventures has acquired San Francisco-based Commonwealth Ventures, as the early-stage venture firm looks to connect more of its Canadian portfolio companies to…
OMERS and Vector Institute sign five-year collaboration agreement
The pension plan organization OMERS and the Vector Institute of Artificial Intelligence are partnering on a five-year strategic agreement. OMERS is the first pension…
Inovia Capital partner and former RIM exec Dennis Kavelman joins board of BenchSci
Medical AI company BenchSci announced September 9 the addition of Inovia Capital partner and former Research In Motion (now BlackBerry) CFO and COO Dennis…
BC set a new venture funding record in Q2 as total investment eclipsed previous quarter
Tech startups in British Columbia raised over $1 billion in the second quarter of 2021, slightly eclipsing total investment in Q1 2021 and setting…
Lack of late-stage deals in Q2 deflated Calgary venture funding to two-year low
With no late-stage deals, the second quarter of 2021 marked the Calgary tech ecosystem’s lowest quarter for venture funding in the last two years,…
Toronto tech smashed venture funding records in Q2 with $1.46 billion raised
Toronto tech set a new record for venture funding during the second quarter of 2021, one of several milestones smashed according to the latest…
Montréal saw best venture funding quarter yet in Q2 as local startups clinched more megadeals
Over the last year, Montréal has often relied on one megadeal to keep venture funding levels healthy each quarter. But in the second quarter…
Funding for unicorns Wealthsimple and Trulioo help push VC investment to highest levels yet in H1 2021
As the country and economy segued into post-pandemic recovery, record levels of venture capital flowed into Canadian tech companies. Overall total investment for the…