Leaders from ZayZoon, Verano.AI, Toast recognized at 2024 Start Alberta Tech Awards
ZayZoon named scaleup of the year, while Verano.AI scoops up One to Watch and Most Promising Founder awards.
VC
Women VCs are now earning more at the highest levels (if they can reach them)
Fifty percent of venture firms surveyed by BDC Capital have no women senior investors.
One chart that will make you feel good about Canadian tech
Plus: Neo’s backers, Wealthsimple’s value, and Shopify’s concerns.
‘It’s life or death’: Québec ecosystem frustrated after IQ suspends early-stage program
Impulsion PME no longer accepting applications until further notice.
Report: Québec VC funding continues downward spiral in Q3 2024, but shows early-stage promise
The province has not recorded a growth-stage investment since Q2 2022.
Pender Ventures closes second B2B software, healthtech-focused VC fund at $100 million
Managing partner attributes success in a tough environment to its returns, committed anchor, and consistency.
Richa Mehta joins Radical Ventures as San Francisco-based partner
AI-focused VC firm launched a new $800-million USD growth fund in August.
Clio boosted Canadian VC investment in Q3 2024, but early-stage funding reaches “worrisome” low
Late-stage funding also faltered, accounting for a record low 21 percent of total investment dollars in Canada.
Longbow Capital completes $150-million initial close of second Energy Transition Fund
Fund is targeting $250 million to invest in companies that help lower carbon emissions.
Father-son Schwartz duo team up with FinTech founders to launch Exit North Ventures
Leaders of Canadian Fintech, CLA, Financeit, LendCare, others look to back FinTech startups with $20-million fund.
George Damian named new executive director of the Venture Capital Association of Alberta
Damian takes over from Omi Velasco, who grew the VCAA’s membership by 130 percent in just two years.
Chris Albinson departs as Communitech CEO but keeps reins of True North Fund
True North Fund announces second close with three unnamed investments to date.
Invest Nova Scotia has recovered most of stolen funds following summer scam
Justice Department helped return majority of $573,000 lost to email breach and phishing attack.
Panache Ventures partner Chris Neumann to depart VC firm, Sarah Willson promoted to principal
Partner Patrick Lor to lead Panache’s efforts in Western Canada going forward.
Brightspark closes latest early-stage VC fund at $100 million, appoints new BC partner
“We think we can find the best deals in Canada, so we’re going to keep on doing that.”