Statements from Alberta innovation minister cast doubt on return of investor tax credit
Glubish: “the AITC was not working to create long-term sustainable tech companies.”
VC
Bessemer, Georgian, OMERS VCs discuss the state of the market
The next four to six months will be the hardest for startups to raise in.
MedTeq, Age-Well receive $47 million from SIF to deliver tech meant to help seniors, caregivers
The funding supports projects focused on seniors’ autonomy, healthy lifestyle.
Harvest Builders announces Graeme Harrison as new president
Harrison to help studio connect with venture funds and startups throughout Western Canada and beyond.
Dissecting the anatomy of a Canadian tech seed round with Two Small Fish, Calico & Wavy
Eva Lau says don’t value your round based upon your ARR when fundraising.
Avatar Innovations targets $3 million for new decarbonization tech fund
Avatar has secured Cenovus Energy as its lead investor.
Ha Nguyen named McRock Capital’s third partner as firm looks to raise $200 million fund
Nguyen is the first McRock partner in addition to firm’s co-founders.
Canadian tech talks down rounds, disasters, and “recipes for failure”
Featuring interviews with luminaries from OMERS Ventures, Shopify, Coveo, Clio, Unbounce, and L-SPARK.
Canadian tech venture funding continued to fall in Q3 2022, CVCA reports
Seed-stage startups, cleantech “two biggest winners” amid slowdown.
OMERS Ventures’ Laura Lenz says “ego raising” is over in #CDNtech
VC says “there’s blame on both sides” for the lack of fundamentals in 2021.
Teralys receives $40 million from CDPQ in re-up for seed-stage fund of funds
The seed fund of funds comes in addition to Teralys raising a new VCCI-backed fund.
FinTech investor Holt Xchange launches fund at intersection of Web3, sports media, entertainment
Advisory council includes DeMar DeRozan, Raine Maida, and Milos Raonic.
With VCCI commitment, Kensington Capital Partners targets $290 million third venture fund
With renewed mandate from Government of Canada, Kensington aims to nearly double its previous fund.
BDC commits $400 million for second cleantech-focused fund
Climate Tech Fund II focuses on reducing greenhouse gas emissions.
BC venture funding fell to a seven-quarter low in Q3 2022
Investor sentiment goes from FOMO to fussy as deal volume falls to three-year low.