2022 Narwhal List tracks Canada’s unicorn explosion
With a rising number of Canadian unicorns, Narwhal List shifts focus to fast-scaling companies.
VC
Larger rounds, US dollars fuelled Canadian tech’s record-shattering 2021
US investment firms outnumbered Canadian investment firms in Series A, B, C deals.
Mogo launches venture arm following mixed Q4 with record revenue, large net loss
Mogo attributes most of loss to drop in value of Coinsquare warrants.
With the spotlight shining on Canadian tech, Kanata Ventures wants international startups to become part of the story
How trips to São Paulo, London, and Hong Kong sold Kanata Ventures on Canada.
NACO names Claudette McGowan, Mohamad Fakih among ‘Nation Builders of the Year’
The inaugural award highlights business leaders who are “driving positive change” in Canada.
Canadian Armed Forces veteran, Shopify co-founder team up for $50 million military tech fund
Kensington Capital Partners has committed $10 million as the anchor investor.
Alberta NDP tables bill to create new provincial venture fund for tech
NDP noted Alberta attracted less venture capital last year than provinces like Ontario, BC, Québec.
Why Canadian tech’s rise is built on a stack of Jenga blocks
Tony Dagger sees turbulence ahead in Canadian tech.
Phoenix Fire launches angel fund focused on women entrepreneurs
“We need to make sure that everybody has a seat at the table.”
Portage Ventures closes $788.5 million CAD for third FinTech fund
Portage claims the early stage FinTech fund is one of the largest in the world.
DealMaker acquires Ridge Growth Agency to bolster capital raising platform
Ridge brings DealMaker closer to becoming a “one-stop-shop” for raising capital.
A year after launch, Backbone Angels is closing gaps felt by underrepresented founders
Backbone’s portfolio is 72 percent first-time founders and 56 percent women of colour.
Ryan Holmes’ next act
Ryan Holmes talks youth entrepreneurship and life after Hootsuite.
The Group Ventures secures $20 million for Fund II to invest in Canadian, Israeli tech startups
The Group Ventures’ portfolio includes MindBridge and Flybits.
Zymeworks co-founder, former CEO Ali Tehrani joins Amplitude Ventures as venture partner
Tehrani aims to leverage his Zymeworks learnings to help other Canadian biotech firms grow.