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.
VC
Looking for a tech job in Toronto? Here are three companies hiring
Koru, Vaco, Zebra Technologies are seeking talent in the GTA.
Former CVCA chair alleges CEO Kim Furlong “appeared unwilling or unable to advocate” for membership in meeting with foreign LPs
CVCA insists it remains dedicated to championing Canada following Peter van der Velden’s public comments.
Pangaea Ventures closes $115-million CAD impact fund to back sustainability-focused hardtech solutions
Half of Pangaea’s fifth and largest fund has been allocated to date.
Will Canadian VCs rebound in time to fund early-stage startups?
Plus: Paper loses another co-founder and Teralys targets $570-million fund-of-funds.
Canadian startup formation data from Panache Ventures points to future demand for capital
Panache Ventures general partner Prashant Matta suggest founders and investors must get back to playing offence.
Teralys Capital says it “should” hit $570-million fund-of-funds target by end of year
Montréal-based Teralys confirmed $475 million raised to date, making it the largest VCCI-backed fund.
BDC appoints Geneviève Bouthillier as head of BDC Capital amid “uncertain market conditions”
Bouthillier replaces Jérôme Nycz as VC lead following his sudden departure after 22 years at BDC.
BDC writes down venture capital portfolio by $220 million in annual report
Crown corporation attributes value shortfall to “uncertain market conditions” despite posting higher than expected net…
OMERS Ventures to be moved under new Private Capital group run by Michael Block
Reorg follows PE head retirement, tasking Block with overseeing portfolio that includes venture, green tech, growth.
Luge Capital navigates emerging manager minefield, closes second early-stage FinTech fund at $96 million CAD
FinTech VC adds finance leader from Georgian with plans to hire an investor in Calgary.
Northside Ventures closes first early-stage VC fund at $15 million CAD
This emerging manager just met his target amid one of the worst fundraising environments in a decade.
Report: Québec venture ecosystem still “highly dependent” on public and para-public funding
Réseau Capital analysis reveals that only a handful of managers can successfully attract private funding.
Sagard hires Georgian’s Parinaz Sobhani as investment firm’s first head of AI
Alternative asset manager bets AI will play a big role in investing over the next decade.
MKB raises $145 million for third cleantech fund mostly from government agencies
Canada Growth Fund, Investissement Québec, CDPQ, and BDC have announced their investment in MKB Fund III.