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…
VC
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.
Movement51, CIWA secure $861,980 from PrairiesCan to support women entrepreneurs, investors
The funding is expected to help increase women-owned and led businesses in the Prairies.
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.”
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.