University of Waterloo uses $5 million from endowment to launch VC fund
The university was inspired by an emerging trend in the US, with schools like MIT.
The university was inspired by an emerging trend in the US, with schools like MIT.
The network plans to make its first investments in the fall, with a focus on deep tech, hardware, and semiconductors.
Joyful has backed two firms with Canadian roots: New School Foods and Orbillion Bio.
While deal count rose, angels disproportionately favoured existing portfolio firms.
The new fund aims to level the playing field for entrepreneurs facing systemic barriers.
40 women founders from 25 different countries share their views for other women entrepreneurs fundraising.
Canada saw 12 VC-backed company IPOs in 2021; in 2022, that shrunk to zero.
As funding has dried up, David Dufresne and Matt Roberts say they plan to lead and price early-stage rounds.
Closed IPO window, âdiscount mentalityâ driving secondary trading.
Canadian trends are in line with the US and global results.
Jobberâs megadeal pushed venture funding over $200 million in the first three months of the year.
Québec startups raised a cumulative $317.3 million in Q1 2023.
Torontoâs venture funding dropped 94 percent year-over-year.
Startups in BC raised $95.1 million through nine deals in Q1 2023.
VC saw a sharp decline in both amount invested and number of deals compared to last year.