McRock raises $65 million in new fund to invest in Industrial IoT
Toronto-based McRock Capital has announced the close of McRock iNFund LP, focused on the Industrial Internet of Things (IIot)…
VC
Real Ventures raises $89 million for “a more national fund”
The Globe and Mail is reporting that VC firm Real Ventures has raised $89 million for its third fund. Real Ventures Fund III…
Kevin Kimsa departs OMERS Ventures
Bloomberg is reporting that OMERS Ventures managing director Kevin Kimsa departed the Canadian VC firm in July. Kimsa joined…
OMERS Ventures raises $260 million CDN from Cisco and Bank of Montreal
The Wall Street Journal is reporting that OMERS Ventures has raised a whopping $260 million CDN, or $199 million USD, from…
BDC’s interactive financing infographic is everything you’d want from a government resource
BDC, the Business Development Bank of Canada, has posted a new support resource for early stage startups looking for financing…
CVCA: H1 2015 saw $939 million in completed VC deals
Hot on the heels of Thompson Reuters’ report, the CVCA has released its own H1 2015 results for venture capital in Canada.…
Venture capital investment across Canada up 33 per cent since last year
According to data released by Thomson Reuters, venture capital investment in Canadian startups gained momentum in the second…
Michael Denham named BDC’s new President
Effective August 10th, the Business Development Bank of Canada (BDC) has a new boss. Taking over leadership will be Michael…
iNovia is implementing accelerator-style service partnerships to support its startup portfolio
As the founder and CEO of CareGuide, it’s John Philip Green’s job to stay on top of any source of revenue opportunity to…
CVCA: $362 million in Canadian VC investments in Q1 2015
The Canadian Venture Capital & Private Equity Association (CVCA) released its Q1 2015 statistics and revealed a total…
Ontario Pension Board invests into Northleaf Venture Catalyst Fund, total commitment now $264 million
Northleaf Capital, which calls itself “Canada’s largest independent global private markets fund manager and advisor,”…
FreshBooks CFO Mark MacLeod steps down to launch SurePath Capital Partners
The Canadian startup ecosystem is about to get a lot more exit and fundraising advice from Mark MacLeod, the now former FreshBooks…
Latest Canadian stats reveal $5.8B in government funding and $900M in venture capital investments in first half of 2014
A new report by The Funding Portal reveals new data on the amount of funding Canadian startups have received. The stats show…
Canadian VCs Ranked Favourably in New Deloitte-NVCA Survey
Canadian venture capitalists and private equity firms scored big marks in a recent Deloitte-NVCA survey that revealed global…
VC Investment in Canada Jumps by Nearly a Third in 2013 (452 deals with an average size of $4.3 million)
Last year saw 31 percent more venture capital investment in Canada compared to 2012, up to $2 billion from $1.5 billion. In…