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…
VC
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…
Despite small decline in deals, Waterloo Region remained a healthy startup ecosystem in 2020
Waterloo Region startups raised $689.6 million for all of 2020 — up 107 percent over 2019, according to Hockeystick’s latest…
Clearbanc rebrands, raises $350 million USD to provide full-stack founder support
With fresh capital and a new name, Clearbanc has moved beyond its investing roots to become a full-stack founder support platform.…
Report: Canadian VC funding reached new record in Q1 2021
Canadian venture funding hit a record high of $2.49 billion USD in the first quarter of this year, breaking the previous record…
Georgian closes $1.02 billion USD alignment fund
Toronto venture capital firm Georgian Partners has closed its new Alignment Fund I, pulling in $1.02 billion USD. As reported…