Tag: firm
Graphite Ventures closes $110-million Fund IV as firm builds its national presence
Graphite has added Albertan LPs and VCs, and recently invested in Montréal-based Maxa. Toronto-based Graphite Ventures has reached $110 million in the final close…
MindBridge closes $60 million USD from US growth equity firm, appoints interim CEO
Ottawa-based artificial intelligence (AI) company MindBridge has raised $60 million USD from Boston growth-stage investment firm PSG Equity to fuel its global growth plans,…
Construction software firm Vitruvi to be acquired by US-based Bow River Capital
Calgary-based Vitruvi’s team and leadership to stay on as part of deal. Canadian construction-tech company Vitruvi Software has reached a deal to be acquired…
Gaming and esports tech firm Swarmio files for creditor protection
Swarmio Media has announced that it is seeking creditor protection. The Halifax-headquartered gaming tech firm has filed an application for creditor protection from the…
Eavor secures $80 million to support Austrian oil and gas firm OMV’s transition to green energy
The geothermal startup previously said it plans to raise $145 million in Series B funding this year. Calgary-based startup Eavor, which offers geothermal technologies…
Inside Canada’s new early-stage VC firm
Plus: Shopify facing $130M lawsuit for alleged attempts at slashing severance pay. Welcome to BetaKit’s startup stories of the week! Here, you will find…
As Nasdaq delisting looms, asset management firm mCloud looks to go private
mCloud’s Nasdaq shares declined by 80 percent in the last year. Calgary-based mCloud, a publicly traded company that offers cloud services for asset…
Semiconductor firm GaN Systems to be acquired by Infineon for $830 million USD
GaN Systems CEO says Infineon will enable company “to unleash our full potential.” German chip giant Infineon Technologies has reached a deal to buy…
OMERS Ventures enters 2023 with new playbook as firm looks to launch fifth fund this year
Unified global investment team the latest change in OV’s evolution. In late 2018, following the departure of founding CEO John Ruffolo, then-managing partner Damien…
GreenSky expands team, secures $17 million first close of Fund V as firm sees opportunity amid the downturn BetaKit
“When you get that kind of volatility … that’s when you get the best opportunities.” GreenSky Ventures has announced its fifth fund with a…