Canadian tech leaders back new venture studio Simple Ventures
Wealthsimple, Shopify, Ada, Knix execs part of contingent backing studio run by CEO Rachel Zimmer.
VC
RBCx launches second edition of mentorship program for women in tech
The previously all-women mentorship roster now includes men.
Angel Investors Ontario’s long-term future is unclear as FedDev funding dries up
AIO appoints Mark Lawrence as interim head to steer the organization after departure of Jeffrey Steiner.
Golden Ventures closes nearly $140 million CAD for fifth seed-stage VC fund
Despite a tough market, Golden remains “long Canada” with strong support from existing LPs.
Canadian late-stage VC funding continued to slip in 2023
The CVCA tracked $6.9 billion invested during the year across 660 deals.
Round13 Digital Asset Fund claims over 40 percent gains despite tough crypto market
Toronto fund says mix of digital assets, crypto VC has fuelled strong early returns.
Staircase Ventures bets on Sibli as VC firm reveals first four investments
Sibli uses AI to give asset managers “information advantage” when researching opportunities.
Northleaf Capital Partners completes final close of $285-million CAD growth equity fund
The technology and healthcare-focused fund surpassed its $269-million CAD target.
Deal volume in Canada’s FinTech sector fell by 50 percent in 2023
2024 will be “pivotal” as FinTech startups approach the end of their runway.
Inovia report indicates Canadian software sector is returning to normal
Canadian VC funding bounced back from an annual decline in Q4 2023 more aggressively than other countries.
University of Calgary’s “venture philanthropy fund” UCeed targets pre-seed funding gap
Three and a half years since its launch, UCeed has grown into one of Canada’s most active early-stage investors.
Interest rates remain unchanged (for now). What does that mean for Canadian tech in 2024?
After a down year, ecosystem insiders offer caution and optimism.
CBIV surpasses $135 million CAD in final close to back women, children-focused healthtech startups
With Fund I, Toronto’s CBIV targets both market returns and impact.
Vinod Khosla headlines CIX 2024 investment summit
This will be the first CIX since acquisition by Elevate in September 2023.
Climate tech VC ArcTern Ventures closes $450-million CAD Fund III from large institutions
ArcTern’s LPs include TD, CPPIB, Allianz, OPTrust, Church Pension Group, and Credit Suisse.