Why banks and VCs are optimistic about 2021
Canada’s VCs are exhausted. It takes a lot of energy to deploy so much capital. This week on the podcast we have Matt…
VC
White Star Capital closes $50 million USD fund focused on crypto and blockchain
In the last few weeks, crypto has seized the global tech sector’s attention. From Tesla CEO Elon Musk going cold on bitcoin,…
BDC Capital launches second $250 million growth equity fund
BDC Capital is launching another $250 million CAD growth equity fund to help mid-market Canadian companies scale. Through the…
CTI Life Sciences Fund raises $100 million in first close of third venture fund
Montréal-based venture capital firm CTI Life Sciences Fund has raised $100 million CAD in the first close of its third venture…
Information Venture Partners closes third fund, raising $124 million CAD
Toronto-based venture capital firm Information Venture Partners (Information VP) has closed its third venture fund, securing…
BDC Capital launches $200 million fund to bolster Canada’s deep tech ecosystem
BDC Capital has announced the creation of a new $200 million CAD fund designed to invest in and support early-stage Canadian…
Newly launched Carrot Ventures closes $15 million fund to help seed Canadian AgTech startups
Carrot Ventures, a Calgary-based company creation firm launched by venture capital company AVAC, has closed $15 million for…
Toronto became a healthtech hotbed in 2020
Healthtech has emerged as a leading vertical for venture capital investment in the Greater Toronto Area (GTA) as COVID-19 pushed…
David Dufresne to depart Panache Ventures
David Dufresne has decided to step away from Montréal-based Panache Ventures, the early-stage venture firm he helped launch.…
New report shows Montréal caught up to Toronto as Canada’s leading tech ecosystem in 2020
Venture funding in Montréal reached an impressive $1.15 billion in 2020, solidifying the city as one of the top startup ecosystems…
Large deals fuelled Calgary’s healthy 2020, but Western Canada could have an early-stage funding problem
Although Calgary tech startups raised more venture funding through more deals in 2020 than in the year prior, a lack of early-stage…
Vena raises $300 million from Vista Equity Partners
Financial planning startup Vena has raised $300 million CAD in Series C funding from Vista Equity Partners. The Series C round…
Archangel completes first close of $10 million to support early-stage Canadian tech startups
Waterloo-based angel investor network Archangel has announced its first close of $10 million CAD. The Archangel Network of…
New venture studio Launchit Ventures wants to help entrepreneurs commercialize Canada’s next “fantastic” healthtech idea
Launchit Ventures is a newly launched venture studio that aims to bridge the gap between a founder with an idea and the reality…
New report indicates potential investing gap for BC’s early-stage startups
A new analysis by Hockeystick of British Columbia’s deal activity for 2020 shows a gap in early-stage startup funding. Hockeystick’s…