Avatar Innovations targets $3 million for new decarbonization tech fund
Avatar has secured Cenovus Energy as its lead investor.
VC
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.
FinTech investor Holt Xchange launches fund at intersection of Web3, sports media, entertainment
Advisory council includes DeMar DeRozan, Raine Maida, and Milos Raonic.
With VCCI commitment, Kensington Capital Partners targets $290 million third venture fund
With renewed mandate from Government of Canada, Kensington aims to nearly double its previous fund.
BDC commits $400 million for second cleantech-focused fund
Climate Tech Fund II focuses on reducing greenhouse gas emissions.
BC venture funding fell to a seven-quarter low in Q3 2022
Investor sentiment goes from FOMO to fussy as deal volume falls to three-year low.
Alberta’s tech winter arrived late but in earnest in Q3 2022
2022 has still already surpassed the previous three years in Alberta venture funding.
Québec venture funding faced a perfect storm in Q3 2022
A flurry of headwinds pummeled Québec’s tech sector into its lowest investment quarter in three years.
Graphite Ventures appoints Omi Velasco as principal to lead Western Canada deals
Graphite now has local investment team members in Calgary, Waterloo, Ottawa, and Toronto.
Waterloo Region venture deal volume continued to slump in Q3 2022
Early-stage deals were nowhere to be found. So what comes next?
VCCI fund managers chosen for latest, $350 million injection of federal capital
Four funds are: HarbourVest Partners, Teralys Capital, Kensington Capital Partners, Northleaf Capital.