Vistara Growth secures $200-million CAD initial close for fifth private credit fund
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Vistara Growth secures $200-million CAD initial close for fifth private credit fund

Vistara sees opportunity post-SVB as traditional lenders and VCs pull back. Vancouver-based Vistara Growth has raised over $200 million CAD for its latest technology-focused…

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Startup TNT 2023
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Startup TNT completes first close of targeted $5-million venture fund

Fund I will write $50,000 cheques to winners of Startup TNT investment summits. In May 2019, Zack Storms launched what became an Edmonton “Thursday…

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Semiconductor firm GaN Systems to be acquired by Infineon for $830 million USD
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Compound semiconductor pioneer GaN Systems joins Infineon with close of $830-million USD acquisition

Ottawa-based chip firm GaN Systems has officially been acquired by German semiconductor giant Infineon Technologies. The $830-million USD all-cash transaction, which was first announced…

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Luge Capital full team
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Luge Capital looks to buck FinTech trends with $71-million CAD first close of new fund

FinTech-focused firm targets $100-million fund and expanded team across Canada. With FinTech funding mired in a global slump, Luge Capital believes it has the…

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alcom Fraser and Mary Dimou, managing partner and general partner, Nàdarra Ventures.
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Nàdarra Ventures makes $20-million first close in new Canadian biotech fund

Backed by Farm Credit Canada and Natural Products Canada, fund target is $50 million. A new venture capital fund meant to tackle food insecurity…

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With initial $8-million close for Nex Gen VC Partners, KJSM Ventures’ team targets more early-stage tech startups
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With initial $8-million close for Nex Gen VC Partners, KJSM Ventures’ team targets more early-stage tech startups

After deal flow exceeded their family office’s capacity, the McKays built a VC fund. Nex Gen VC Partners (NGVC), a new Calgary-based investment firm,…

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Bruce Croxon Round13
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Round13 nabs $200 million first close for third fund as co-founders Bruce Croxon, John Eckert step back

Round13’s $150 million growth fund is also in the final stages of closing. Round13 Capital has raised $200 million in the first close of…

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VCCI-backed Kensington Capital Partners secures $158 million first close for third venture fund
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VCCI-backed Kensington Capital Partners secures $158 million first close for third venture fund

Kensington becomes first VCCI-supported fund of funds to announce it has closed financing. Toronto-based Kensington Capital Partners has raised $158 million CAD in the…

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Janet Bannister
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Janet Bannister launches Staircase Ventures with $22 million first close

Bannister strikes out on her own after stepping back from Real Ventures. Janet Bannister has launched her own venture capital fund having secured a…

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vancouver
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Yaletown Partners hits $200 million final close for Innovation Growth Fund II

Yaletown saw four exits in 2022, including Tasktop, Circle Cardiovascular Imaging. Vancouver-based venture capital firm Yaletown Partners has secured an additional $70 million CAD…

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