Tag: funds
What happened to OpenView and will Canada see zombie funds?
The sudden demise of Boston’s stalwart SaaS fund might be a sign of things to come. The tech world was shocked this week when…
British Columbia increases gambling addiction research funds
BC’s Minister of Public Safety, Mike Farnworth, has announced that an additional $1.4 million will be invested in extensive research concerning the negative consequences associated…
Ontario organizations secure nearly $20 million in federal funds to drive entrepreneurship, job creation
Funding is split between five companies and one business hub in Toronto, as well as one Ottawa-based firm. Nearly $20 million ($19.5 million) in…
Federal government names six funds to distribute $50 million VCCI life science financing
Pender Ventures, Amplitude Ventures among recipients. The federal government has named six funds that will be responsible for doling out the $50 million slotted…
Teralys receives $40 million from CDPQ in re-up for seed-stage fund of funds
The seed fund of funds comes in addition to Teralys raising a new VCCI-backed fund. Teralys Capital has received $40 million CAD from CDPQ…
Manitoba government appoints board members of $50 million provincial fund of funds
The fund’s target size is $150 million. The Manitoba government has named the five members joining the inaugural board of its newly created fund-of-funds…
With new Thrive platform, BDC commits half a billion dollars to invest in Canadian women-led startups and funds
BDC Capital’s Women in Technology Venture Fund team has its second fund, lots more capital, and an expanded mandate. The Business Development Bank of…
BC’s Centre for Innovation and Clean Energy funds eight projects for inaugural Open Call for Innovation
Awarded projects range from energy storage systems to clean hydrogen. The British Columbia (BC) Centre for Innovation and Clean Energy (CICE) has awarded eight…
CVCA argues SEC’s proposed disclosure requirements for private investment funds will hurt Canadian investors
CVCA CEO expects new obligations to have “direct negative impact on Canadian investors.” The Canadian Venture Capital and Private Equity Association (CVCA) is warning…
With $7.1 million in SDTC funds, Spark Microsystems aims to make wireless tech more energy efficient
Spark is among seven Canadian companies that received a cumulative $27.2 million from SDTC. Montréal-based Spark Microsystems has secured $7.1 million in funding from…