Was RenoRun abandoned by investors or just another mannequin startup?
Ripple Ventures’ Matt Cohen joins to unpack the complicated spot Canadian startups find themselves in.
VC
High performance computing platform Agnostiq closes $8.22 million CAD seed extension
The startup received $2 million USD in seed funding in 2021.
VCCI-backed Kensington Capital Partners secures $158 million first close for third venture fund
Kensington becomes first VCCI-supported fund of funds to announce it has closed financing.
Janet Bannister launches Staircase Ventures with $22 million first close
Bannister strikes out on her own after stepping back from Real Ventures.
Ask John Ruffolo Anything: SVB fallout, VC groupthink, government dependence & more
Canadian tech’s maverick investor answers your submitted questions.
Brampton angel group launches with support from Angel Investors Ontario, Altitude Accelerator
Angel Investors Ontario also hosting free education program for Brampton startups.
Valhalla Private Capital partners with Plug and Play Alberta to boost exposure of startup companies to investors
Plug and Play opened its first Canadian location in 2020.
Michelle Scarborough explains why BDC is thinking bigger with Thrive Platform
In late September, at a private BDC event taking place during Elevate—the same day the Crown Corporation announced its new…
Vertu Capital closes first private equity fund with over $300 million
Led by ex-OMERS veteran Lisa Melchior, Vertu is Canada’s first woman-founded PE firm.
BC suffered biggest year-over-year venture funding drop among all Canadian ecosystems in 2022
Investment in the province’s tech startups fell by 67 percent in 2022.
CVCA CEO: Tech still needs influx of capital given possible investor pullback, even as liquidity concerns calm
Longer-term impact of SVB fallout has some in Canadian tech worried.
Regulators force Silicon Valley Bank Canada into liquidation, paving way for auction
Wind-up follows OSFI taking control of SVB Canada earlier this week.
Canadian tech calls on feds to inject more liquidity into sector to avoid SVB-caused “full-blown crisis”
Letter asks Government of Canada to extend bridge financing program, guarantee secured loans on SVB deposits.
Venture funding surged in Québec and Alberta tech sectors over 2022, bucking national trend
Alberta and Québec investment increased by 89 percent and 21 percent, respectively.
As regulators take over SVB Canada, companies still have questions about impact
CCI estimates low risk for the majority of Canadian companies.