Inovia Capital partner and former RIM exec Dennis Kavelman joins board of BenchSci
Medical AI company BenchSci announced September 9 the addition of Inovia Capital partner and former Research In Motion (now…
VC
BC set a new venture funding record in Q2 as total investment eclipsed previous quarter
Tech startups in British Columbia raised over $1 billion in the second quarter of 2021, slightly eclipsing total investment…
Lack of late-stage deals in Q2 deflated Calgary venture funding to two-year low
With no late-stage deals, the second quarter of 2021 marked the Calgary tech ecosystem’s lowest quarter for venture funding…
Toronto tech smashed venture funding records in Q2 with $1.46 billion raised
Toronto tech set a new record for venture funding during the second quarter of 2021, one of several milestones smashed according…
Montréal saw best venture funding quarter yet in Q2 as local startups clinched more megadeals
Over the last year, Montréal has often relied on one megadeal to keep venture funding levels healthy each quarter. But in…
Funding for unicorns Wealthsimple and Trulioo help push VC investment to highest levels yet in H1 2021
As the country and economy segued into post-pandemic recovery, record levels of venture capital flowed into Canadian tech companies.…
ApplyBoard, Faire megadeals pushed Waterloo Region tech funding to new record in Q2
Tech startups in the Waterloo Region raised $749.7 million in venture funding during the second quarter of 2021, making Q2…
With $45 million CAD first close, new Conexus Emmertech fund aims to boost AgTech growth
Canada’s AgTech community is getting a major infusion of capital from a new Saskatchewan-based venture capital fund. Conexus…
New report shows drop in angel investment during COVID-19 pandemic
Amid the COVID-19 pandemic, Canadian angel organizations made more investments in 2020 but invested less capital overall than…
Yaletown Partners raises $130 million in first close of Innovation Growth Fund II
Vancouver-based Yaletown Partners has secured the first close for its second Innovation Growth Fund (IGF II), raising $130…
Antler eyes $30 million fund as part of Canada expansion
Singapore-based venture firm Antler says the recent increase in homegrown Canadian success stories led to its decision to expand…
Lumira Ventures closes $276 million CAD for fourth fund
Toronto-based Lumira Ventures has raised $276 million CAD ($220 million USD) for Fund IV, which Lumira claims is “the largest…
Following string of exits, Rhino Ventures expands focus across Canada for third fund
With six exits under its belt, including Thinkific’s $184 million initial public offering, Rhino Ventures is looking to take…
New report shows Montréal relies too much on the megadeal to compete with other Canadian tech hubs
Another megadeal gave Montréal’s tech ecosystem a solid start to 2021, but without it, venture funding would have sunk far…
Google’s Steven Woods joins Inovia as partner and CTO
Long-time Google Canada engineering lead Steven Woods is jumping to Inovia to join the investment firm as a partner and chief…