Tag: investments
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…
Techstars Toronto celebrates 100 direct investments as an accelerator
The organization is also welcoming an even mix of Canadian and international companies to its 2023 class. Techstars Toronto announced what it called a…
More than $110,000 in investments awarded to startups at Inventures 2023
The Calgary conference wrapped up its fourth in-person event with more than 3,000 attendees. Over $110,000 in investments were awarded to startups at Inventures’…
Québec budget aimed at stimulating the economy with investments in tech sectors, skilled labour
Cleantech, FinTech, AI, and quantum sciences are getting attention. Québec Finance Minister Eric Girard released the 2023-2024 budget, making clear that the provincial government…
Cohere among first investments from Salesforce’s new $250 million AI fund
Toronto-based startup Cohere is among the first four companies to receive funding from Salesforce Ventures’ newly-launched $250 million fund as part of a broader…
Canadian VC investments in 2022 projected to lag behind 2021 figures, but still top 2020 funding
2022 only saw about a third of the VC funding that was disbursed in 2021. Canadian venture capital (VC) investments slowed down significantly compared…
InBC announces first three venture fund investments: Evok Innovations, Raven Capital, Yaletown Partners
InBC backs trio of VC funds focused on climate change, reconciliation, and innovation. InBC Investment Corp. has made its first investments to date, backing…
Crypto lending startup Ledn to acquire Arxnovum to expand into asset investments
The transaction is expected to close in the fourth quarter of this year. Crypto lending startup Ledn has entered an agreement to acquire fellow…
Metafold 3D secures $500,000 from Active Impact Investments to build 3D printing’s “missing piece”
Idea behind Metafold was spun out of co-founders’ consulting work with a major sportswear manufacturer. Born out of a geometry-focused consulting agency that has…
Report maps Canadian sustainable proptech industry and nearly $1.5 billion in investments
A report by the Sustainable PropTech Canada shows that almost $1.5 billion USD has been invested in the country’s sustainable proptech startups over the…