Government names three funds receiving $50 million through VCCI cleantech stream
The Government of Canada has chosen the funds that will be receiving portions of the newest stream of the Venture Capital Catalyst…
VC
Northleaf closes $300 million VCCI-backed Venture Catalyst Fund II
Northleaf Capital Partners has announced the final close of its Northleaf Venture Catalyst Fund II, meeting its cap target…
BDC looks to “double down” on industrial tech with $250 million venture fund
BDC Capital has launched a $250 million Industrial Innovation Venture Fund to invest in tech companies and entrepreneurs working…
Home renovation platform Smart Reno acquired by RBC Ventures
Montreal-based Smart Reno, a home renovation platform that connects consumers to renovation contractors, has been acquired…
Two Small Fish Ventures closes $9 million for second fund
Two Small Fish Ventures, a Toronto-based early-stage investment firm led by former Wattpad executive Eva Lau, has closed an…
Autotech startup Pitstop raises $1.5 million, partners with Continental
Pitstop, a cloud-based platform that uses machine learning to perform predictive vehicle maintenance, has announced it has…
Ontario court denies Extreme Venture Partners appeal in ongoing Tinder case
The Tinder-focused lawsuit pitting former Extreme Venture Partners (EVP) founding partners Sundeep Madra and Amar Varma, as…
Forcen raises $500,000 to give machines human-level sense of touch
Toronto-based Forcen, which has developed a force-sensing film for medical and aerospace industries, successfully closed a…
Canadian VC investments up 48 percent since same time last year, CVCA report finds
Canadian venture capital investments in the first quarter of 2019 marked another billion dollar quarter, the fifth billion…
Shopify partners with DMZ, Dream Maker Ventures for Black entrepreneurs initiative
Shopify is partnering with Ryerson University’s DMZ as a founding partner of the Black Innovation Initiative, a project that…
Senso.ai announces $1.5 million CAD raise at #CollisionConf
Toronto-based Senso.ai, a machine learning and predictive AI company, has announced the close of a $1.5 million Seed round…
StandUp Ventures raises additional $13 million for women-focused fund
StandUp Ventures, a seed stage firm investing in women-led companies has secured $13 million CAD in new follow-on funding commitments,…
Portag3 Ventures creates senior advisory group to help build global FinTech businesses
Portag3 Ventures announced on Thursday the creation of its new group of senior advisors, adding six members including industry…
Sophia Damianou to lead Northleaf growth in Europe, Middle East, Africa
Toronto investment firm Northleaf Capital Partners has appointed Sophia Damianou as managing director of Business Development…
Power Financial now claims 89 percent stake in Wealthsimple following $30 million investment
Power Financial, a notable investor in the FinTech space and a backer of companies like Borrowell, Clearbanc, Koho, and League,…