Ontario Budget 2024 tops up existing funds and innovation centres, allocates funding to healthtech procurement
Province hints that the OSC is developing new rules to support angel investors.
VC
CDPQ’S $250-million Equity 25³ Fund is done after only four investments
Diversity-focused fund’s architect left in December to launch his own $150-million fund.
One year later, what filled the hole SVB left in Canadian tech lending?
Venture debt lending has slowed but ex-SVB talent has spread across Canada’s innovation banking practices.
Monadical launches Developer Capital to fund early-stage AI startups with help from its team of software devs
Montréal investment corp. has closed $2.5 million CAD, backing Unified.to and Rithmik.
Saskatchewan government doubles cap of startup investor tax credit to $7 million
Program eligibility has also been expanded to include cleantech startups.
Ex-BDC partner aims to back early-stage “AI frontier” startups with Defined Capital
Fund has closed over a third of $15-million USD target from LPs like Inovia, Band, and BC tech entrepreneurs.
CVCA spotlights women leaders across Canadian venture capital, private equity
Investors from Brightspark and Yaletown lauded for excellence in Canadian VC.
Lack of inclusion, unclear parental leave still hamper retention of women in Canadian VC
Junior ranks of VC remain more diverse than senior levels, survey finds.
McMaster University partners with Celesta Capital to support Canadian deep tech startups
Celesta will help McMaster-affiliated entrepreneurs commercialize their innovations.
Canadian tech leaders back new venture studio Simple Ventures
Wealthsimple, Shopify, Ada, Knix execs part of contingent backing studio run by CEO Rachel Zimmer.
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.