Chris Albinson departs as Communitech CEO but keeps reins of True North Fund
True North Fund announces second close with three unnamed investments to date.
VC
Invest Nova Scotia has recovered most of stolen funds following summer scam
Justice Department helped return majority of $573,000 lost to email breach and phishing attack.
Panache Ventures partner Chris Neumann to depart VC firm, Sarah Willson promoted to principal
Partner Patrick Lor to lead Panache’s efforts in Western Canada going forward.
Brightspark closes latest early-stage VC fund at $100 million, appoints new BC partner
“We think we can find the best deals in Canada, so we’re going to keep on doing that.”
Top Down Ventures completes $10-million USD first close of new venture fund for managed service providers
Leaders from ScalePad, Fully Managed aim to raise a total of $25 million USD in 2025.
Québec’s early-stage ecosystem eyes American investment amid fundraising woes
“Living dead” companies last too long in the Canadian ecosystem, said CDPQ’s Tom Birch.
Georgian Partners isn’t the only one
Plus: Meet the BetaKit Town Hall: Vancouver speakers.
Round13 Capital to acquire startup lending platform TIMIA Group for $6.5 million
Round13 managing partner says the deal equips VC firm with an expanded arsenal of financing options.
Ontario launches second phase of life sciences strategy to bolster research and funding
$146 million commitment to support new Life Sciences Scale-Up Fund, wet labs programs, and procurement.
Information VP forgoes fourth fund in favour of SPV-style investing
GPs attribute change to VC market conditions and personal factors.
Diagram Ventures beats target to close first ClimateTech Fund at $80 million
Sagard-backed firm will apply FinTech-honed venture builder model to cleantech.
Real Ventures launches revamped fellowship program for founder well-being
Partner Sam Haffar leads VC firm’s latest initiative to mentor leaders.
NACO launches fellowship program with national innovation orgs
Government-backed initiative to match founders with leaders at Interac, Loblaw Digital, National Bank, and more.
The greatest threat to startups today is playing it safe
Pender Ventures’ Maria Pacella warns that an overcorrection toward risk aversion could spell trouble for Canada’s SaaS…
GreenSky’s $15-million first close of Fund VI puts VC firm in rare company
Research indicates only one percent of Canadian VC firms have graduated to a sixth fund over the past decade.