Sid Paquette will now head RBC Ventures and RBCx
Posted in General

RBCx hires former SVB Canada employees to bolster support for seed-stage and life sciences startups

RBC joins growing list of Canadian banks to add talent from now-defunct SVB Canada. The Royal Bank of Canada’s technology and innovation arm, RBCx,…

Continue Reading RBCx hires former SVB Canada employees to bolster support for seed-stage and life sciences startups
ventureLAB logo
Posted in General

ventureLAB unveils Hardware Angel Network, supporting pre-seed and seed-stage hardware startups

The network plans to make its first investments in the fall, with a focus on deep tech, hardware, and semiconductors. In what appears to…

Continue Reading ventureLAB unveils Hardware Angel Network, supporting pre-seed and seed-stage hardware startups
amazon web services sign over an open plan office
Posted in General

AWS, NVIDIA launch global FinTech accelerator for seed-stage startups

The accelerator aims to help FinTech companies using AI and machine learning in financial services. Amazon Web Services (AWS) in partnership with NVIDIA, a…

Continue Reading AWS, NVIDIA launch global FinTech accelerator for seed-stage startups
Teralys receives $40 million from CDPQ in re-up for seed-stage fund of funds
Posted in General

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…

Continue Reading Teralys receives $40 million from CDPQ in re-up for seed-stage fund of funds
Panache closes $100 million for second fund as firm doubles down on seed-stage startups
Posted in General

Panache closes $100 million for second fund as firm doubles down on seed-stage startups

Early-stage firm says there’s a “good possibility” Fund II will grow. Panache Ventures, one of Canada’s most active early-stage investors, has doubled up for…

Continue Reading Panache closes $100 million for second fund as firm doubles down on seed-stage startups
Impression Ventures secures $64 million for fourth fund, continues to bet on seed-stage FinTech
Posted in General

Impression Ventures secures $64 million for fourth fund, continues to bet on seed-stage FinTech

Impression bet early on Wealthsimple and won. Now the firm wants to make bigger bets. Impression Ventures has secured $64 million CAD for its…

Continue Reading Impression Ventures secures $64 million for fourth fund, continues to bet on seed-stage FinTech