Today in hires: Deep Genomics, Flybits, Information Venture Partners
Three Canadian organizations have brought on new team members to add to their teams, including Deep Genomics, Flybits, and…
VC
NACO looks to push into Yukon, releases recommendations for the region
As part of a broader national expansion plan this year, the National Angel Capital Organization (NACO) is now looking to increase…
Neha Khera departs 500 Startups for partner role at 2048 Ventures
Neha Khera, once-partner at 500 Startups, has joined US-headquartered pre-seed stage investment firm 2048 Ventures as partner.…
Silicon Valley Bank expands to Vancouver with new Western Canada lead
Silicon Valley Bank (SVB), a United States-based commercial bank that helps fund tech startups, has put boots on the ground…
Women at venture capital firms still vastly underrepresented according to new report
Despite the growth of women-led venture funds over the last five years, women partners are still vastly underrepresented compared…
CDPQ launches $250 million diversity-focused fund
Caisse de dépôt et placement du Québec (CDPQ) has launched a new $250 million fund aimed at increasing diversity and inclusion…
New angel group launches to inject early-stage capital into Western Canada tech startups
A new angel organization has formed with an aim to expand access to capital for early-stage tech entrepreneurs in Western Canada.…
Late-stage AI deals push Waterloo Region’s venture funding to five-quarter high in Q2 2020
Venture funding in the Waterloo Region reached $148.6 million in the second quarter of 2020, largely driven by large, late-stage…
BC venture funding keeps pace in Q2 2020 as deal volume continues downward trend
Tech companies in British Columbia (BC) continued to see consistent venture funding in the second quarter of 2020, despite…
Power Corp acquires stake in Northleaf Capital through subsidiaries
Great-West Lifeco and Mackenzie Financial Corporation, a subsidiary of IGM Financial, are acquiring a non-controlling interest…
Montréal sets new funding record with two massive travel tech deals in Q2 2020
Following a strong start to 2020, Montréal tech companies raised a record $566 million in venture funding in the midst of…
Toronto venture funding lags behind Canada’s record-setting Q2 2020
Despite its historical prominence in Canadian tech, Toronto failed to contribute much to Canada’s record funding quarter.…
Julie Plouffe promoted to GP at White Star Capital as firm doubles down on Canada
White Star Capital, a New York-based venture firm that invests in businesses in Europe and North America, is looking to expand…
Brightspark closes $60 million for new venture fund
Brightspark Ventures has announced a new venture fund, securing $60 million as part of a third close, with the ultimate goal…
Canadian venture capital investment hits record in Q2 2020 despite COVID-19
Venture capital investment in Canadian companies hit a record high in the second quarter of 2020, much to the surprise of industry…