Tag: initial
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…
Active Impact Investments launches third climate tech seed fund with $70 million in initial commitments
LPs include Northleaf, Fondaction, Co-operators, Deloitte Ventures, University of Victoria. Vancouver-based Active Impact Investments has secured over $70 million CAD in initial commitments for…
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,…
Shopify extends point-of-sale hardware to Canadian retailers after initial US launch
Shopify continues physical retail push as online sales fall from pandemic heights. Shopify is making its point-of-sale (POS) hardware solution available to Canada as…
Raven Indigenous Capital Partners tops initial target for second fund with $100 million final close
With Fund II, Raven aims to build more innovative Indigenous economies. Indigenous-led venture capital firm Raven Indigenous Capital Partners has announced the final closing…
Innovobot holds initial close of targeted $40 million fund to invest in “deep tech for good”
The fund has secured $14 million from entrepreneurs and family offices. Innovobot has secured $14 million CAD in an initial close of its seed-stage…
Idealist Capital secures $250 million initial close for new climate impact fund
The fund is led by Québec business leaders with ties to Power Corp and Bombardier. New climate impact fund Idealist Capital has secured a…
Thin Air Labs secures $20 million in initial close of Prairie-focused venture fund
The Prairie tech firm has targeted $100 million for first fund. Thin Air Labs has secured $20 million CAD in the initial close of…
Round13 launches new venture fund with initial $70 million USD to back blockchain companies providing “the base” for Web3
Bruce Croxon: Web3 infrastructure “a natural extension” to Round13’s software investments. Round13 Capital has unveiled a new venture fund focused on blockchain and Web3…
Sprout.vc closes initial $10 million for second Western Canada-focused seed fund
Sprout.vc aims to sow seeds for more B2B software startups to grow. Edmonton-based Sprout.vc has secured a first close of nearly $10 million CAD…