GreenSky’s $15-million first close of Fund VI puts VC firm in rare company
Research indicates only one percent of Canadian VC firms have graduated to a sixth fund over the past decade.
Lightspeed confirms strategic review of business as company reportedly explores sale
Investors react favourably as Lightspeed’s share price has risen over 17 percent.
Universe alums aim to leverage developer infrastructure experience with Bemi
Bemi announces $1.2 million in funding to help companies track data changes in Postgres.
Former CVCA chair alleges CEO Kim Furlong “appeared unwilling or unable to advocate” for membership in meeting with foreign LPs
CVCA insists it remains dedicated to championing Canada following Peter van der Velden’s public comments.
Motion closes $30-million USD Series B in bid to become “command centre for creative strategists”
Inovia-backed startup’s software enables creative strategists to turn data into ad ideas.
BDC appoints Geneviève Bouthillier as head of BDC Capital amid “uncertain market conditions”
Bouthillier replaces Jérôme Nycz as VC lead following his sudden departure after 22 years at BDC.
OMERS Ventures to be moved under new Private Capital group run by Michael Block
Reorg follows PE head retirement, tasking Block with overseeing portfolio that includes venture, green tech, growth.
Amplitude Ventures, Gates Foundation lead Radiant Biotherapeutics’ $35-million USD Series A
Amplitude-created biotech startup with scientific roots in SickKids and U of T aims to advance new disease therapies.
“Gordon Ramsay doesn’t want to flip burgers”: Rundle acquires photography startup Iris Booth as founder prepares to step back
Halifax startup mass produces headshots for large orgs with its self-service photo booths.
Luge Capital navigates emerging manager minefield, closes second early-stage FinTech fund at $96 million CAD
FinTech VC adds finance leader from Georgian with plans to hire an investor in Calgary.
Northside Ventures closes first early-stage VC fund at $15 million CAD
This emerging manager just met his target amid one of the worst fundraising environments in a decade.
Round13, Nvidia-backed Wombo announces $12.2-million CAD to launch more generative AI apps
After surviving collapsed fundraise and class-action, Wombo contends with copyright concerns as it funds for growth.
Executive director Michael Buhr wants C100 to help Canadian tech startups scale
C100 announces 38 Canadian tech firms in new growth and latest early-stage cohorts.
Sagard hires Georgian’s Parinaz Sobhani as investment firm’s first head of AI
Alternative asset manager bets AI will play a big role in investing over the next decade.
Hardbacon to file for bankruptcy after Google search changes crush affiliate business
CEO says Google’s algorithm updates decimated SEO-reliant financial product referral revenue.