CIBC Innovation Banking president Mark McQueen to depart for “next adventure”
McQueen joined CIBC through its acquisition of Wellington Financial in 2018.
VC
Raven Indigenous Capital Partners tops initial target for second fund with $100 million final close
With Fund II, Raven aims to build more innovative Indigenous economies.
SVG Ventures Thrive aims to raise $75 million CAD for third agrifood fund
The fund will make initial investments in seed to Series A agrifood startups.
Pender Ventures closes first half of $100 million target for second venture fund
After focusing primarily on Western Canada, Pender Ventures has its eye on other parts of Canada.
Investor liquidity issues are putting the squeeze on Canadian startups
In the worst tech downturn in more than a decade, some LPs aren’t honouring capital calls from Canadian VCs. It’s killing…
BMO, Georgian partner on access fund as venture firm secures nearly half of second alignment fund
SEC filings show that Georgian has secured $466 million USD of its target to date.
Radical Ventures raising new $550 million USD fund as AI sector heats up
Radical managing partner believes “AI will eat all software over the next decade.”
BDC Capital report finds Canadian VCs are hiring more diverse candidates but facing difficulties with talent retention
DEI survey also indicates VC firms, portfolio companies lack diversity at decision-making level.
Reports: Canadian VC investments in 2022 projected to lag behind 2021 figures, but still top 2020 funding
2022 only saw about a third of the VC funding that was disbursed in 2021.
Will ChatGPT replace BetaKit?
Ring in the New Year with Tony Dagger.
Year in review: biggest tech stories of 2022, 2023 predictions
Plus: 2022’s most overlooked tech stories.
AlayaCare co-founder launches venture fund Storytime Capital with $15 million
The VC wants to invest in founders that aim to change the landscape of work.
Year in review: Kim Furlong talks VCCI and what comes next for Canadian venture
Furlong: “These programs are an anomaly in what the government pushes out. There’s no reason why they should ever…
Innovobot holds initial close of targeted $40 million fund to invest in “deep tech for good”
The fund has secured $14 million from entrepreneurs and family offices.
InBC announces first three venture fund investments: Evok Innovations, Raven Capital, Yaletown Partners
InBC backs trio of VC funds focused on climate change, reconciliation, and innovation.