Diagram Ventures latest Canadian firm to concentrate on existing portfolio with $60 million for new Opportunity Fund
Diagram Ventures has secured $60 million CAD in the first close of its latest fund as the Montréal-based venture builder looks…
VC
NACO continues to expand Canadian reach with new hub
The National Angel Capital Organization (NACO) is looking to continue to broaden its footprint in Canada with the launch of…
Top Hat co-founder Mike Silagadze joins Ripple Ventures as venture partner
Less than a month after stepping down as founding CEO of Toronto-based EdTech startup Top Hat, Mike Silagadze has joined Ripple…
Despite pandemic, Canadian VC investment remained high in 2020
Canada experienced its second-highest level of venture capital (VC) investment on record last year, according to the most recent…
Sobey family connection might help new LongShot Capital hit with early-stage startups
East Coast entrepreneur Michael Brown and Scotiabank executive Jonathan Sobey have launched a new investment firm that aims…
Inovia Capital raises $450 million Growth Fund II to find another Lightspeed
Inovia Capital has raised $450 million USD for its second growth stage fund as the Montréal-based venture firm aims to build…
Greensoil PropTech Ventures secures around half of $100 million USD target for Fund II
Greensoil PropTech Ventures has secured around $50 million USD in a first close, plus additional commitments, towards a targeted…
Natural Products Canada, Active Impact Investments launch cleantech venture funds
Two firms, Natural Products Canada (NPC) and Active Impact Investments, have launched early-stage cleantech venture funds,…
BrandProject raises $54 million CAD venture fund focused on early stage investing
BrandProject, a Toronto-based investment firm, has raised $54 million CAD ($43 million USD) in the final close of its first…
Provincial investment in Nova Scotia’s Sandpiper Ventures prompts public debate on supporting women in the workforce
A $5 million investment made by the Nova Scotia government in women-focused venture firm Sandpiper Ventures has created a stir…
As founding partners step back, a new Real Ventures prepares to raise its next fund
The transition of founding partners Alan MacIntosh and JS Cournoyer to board partner roles is the latest in a series of ‘changing…
Georgian doubles down on Top Hat with $130 million USD investment as company swaps CEOs
Longtime Top Hat investor Georgian Partners has committed an additional $130 million USD into the EdTech startup following…
Report: Late-stage Canadian venture deals increase in 2020, driven by influx of US capital
The share of late-stage Canadian tech venture deals increased in 2020 amid an influx of capital from investors based in the…
MKB closes $100 million for second cleantech-focused fund
Montreal-based private investment firm Mackinnon, Bennett & Company (MKB) has closed $100 million for its second growth…
AppDirect megadeal casts long shadow over Montréal startup funding in Q3 2020
Following a record-setting Q2, total tech funding in Montréal was propped up by one megadeal into a locally-born but now US-headquartered…