Panache closes $100 million for second fund as firm doubles down on seed-stage startups
Early-stage firm says there’s a “good possibility” Fund II will grow.
VC
Adam Nanjee departs Microsoft for Startups to lead venture capital in Canada for Amazon Web Services
Nanjee previously led the launch of Microsoft for Startups in Canada.
Ripple Ventures promotes Dominic Lau to partner as it preps for next fund
Ripple’s first hire, Lau founded firm’s startup and investor fellowship program.
How GrowthX found product-market fit across Canada’s accelerators
Generating revenue is back in fashion. GrowthX wants to help.
Innovacorp venture fund manager Andrew Ray leaves org following announced merger with Nova Scotia Business Inc.
Ray oversaw Innovacorp’s VC activities, served on LeadSift, Swarmio, Proposify boards.
How startups can survive a market downturn
Prepare for the worst, know your metrics, and make sure you hit “OK.”
Venture investment returning to pre-pandemic levels, shows Q2 2022 CVCA report
Institutional investors stay the course while family offices, high-net-worth individuals tread lightly.
Former BDC investors Meryeme Lahmami, Siddartha Krishnan join Pender Ventures, Blue Vision
Two investors from BDC Capital have left the Crown corporation to join Canadian venture capital firms.
Armed with more capital to back women entrepreneurs, Phoenix Fire makes first investment in VoxCell
Phoenix Fire’s LPs now include the co-founders of Thinkific and Odaia.
With a new team, Framework Venture Partners secures $100 million USD first close for second fund
Barbara Dirks, Jim Texier, Mike Dobbins join for Fund II, target $250M final close.
Sandpiper Ventures closes $20 million first fund focused on early-stage, women-led tech startups
Sandpiper sees “huge … and untapped opportunity” to back more women entrepreneurs amid market downturn.
From seed to fork: building better food systems through impact investing
Sustainable food is about access and environmental impact.
Portage Ventures rolls out new late-stage FinTech fund, aims to raise up to $1 billion USD
Amid downturn, Portage sees chance to fund FinTech firms reluctant to take valuation hit.
Nova Scotia government consolidates Innovacorp, Nova Scotia Business Inc
Nova Scotia says the changes address issues of overlapping mandates, duplicate operations, outdated legislation.
Mark McQueen thinks it’s a great time to have a chequebook
The President of CIBC Innovation Banking is not concerned about the current tech downturn.