It’s a tough market for liquidity. Here’s where companies and investors are turning
Industry leaders unpack the rise of SPACs, RTOs, and secondaries at NACO Summit.
VC
Moment Energy raises $40 million USD Series B to give used EV batteries new life
Company plans to use capital to expand manufacturing, hiring
“The math is not mathing”: How AI bubble fears are changing Canadian VCs’ investment approach
Leaders from Wittington, McRock, and IRV clash on whether AI is a bubble, but agree some things do not add up.
Women’s Equity Lab Manitoba closes Fund 3 at $300,000
Fund reached full subscription in record time, maxing out in roughly a month.
Serenity Power announces $1 million pre-seed investment
Led by Avatar Ventures, funding will aid in prototyping and expansion.
Former Startup TNT leader launches coalition for Canada’s early-stage investors
Jesse Wiebe’s Canadian Startup Capital Association aims to connect a “fragmented” landscape and shape policy.
Dentistry gig work platform Fairly Staffing aims to help industry meet demand
Edmonton startup announced new investment from Accelerate Fund.
Mistral Venture Partners sets up shop in Alberta
Following fifth fund closure, VC firm eyes Calgary as the home base for a permanent Alberta expansion.
How to fix Canadian VC
Canada faces structural capital challenges requiring collective action.
BDC launches $150-million life sciences fund
Parimal Nathwani will manage fund directly investing in therapeutics and MedTech companies.
NACO wants feds to use $750 million in VC funding to back startups earlier
Angel investor group proposes early-stage fund matching and infrastructure programs as part of federal VC strategy.
Feds reveal streams behind $1-billion VC initiative as budget becomes law
Government’s commitments to defence, financial services, VC, and more pass royal assent after months of debate.
Canadian VCs are starting to fear an AI-driven “SaaSpocalypse”
At CIX Summit’s Investor Forum, VCs grappled with AI’s impact on an already tough market.
UBC and InBC launch new fund to support university spinouts
Private capital will add to $10-million contributions from both UBC and InBC.
BKR Capital secures initial $20 million for second Black Innovation Fund
Firm aims to address growing VC funding gap for Black founders in Canada.