Tag: Venture
BDC launches $150 million Sustainability fund in revamp of Industrial, Clean and Energy Technology Venture Fund
The Sustainability Venture Fund is set to complement BDC’s $400 million Climate Tech Fund. BDC Capital has launched a new, $150 million CAD venture…
VCCI-backed Kensington Capital Partners secures $158 million first close for third venture fund
Kensington becomes first VCCI-supported fund of funds to announce it has closed financing. Toronto-based Kensington Capital Partners has raised $158 million CAD in the…
BC suffered biggest year-over-year venture funding drop among all Canadian ecosystems in 2022
Investment in the province’s tech startups fell by 67 percent in 2022. Most Canadian tech ecosystems were hit hard by the economic headwinds of…
Venture funding surged in Québec and Alberta tech sectors over 2022, bucking national trend
Alberta and Québec investment increased by 89 percent and 21 percent, respectively. As many Canadian tech ecosystems saw venture funding fall in 2022 amid…
Toronto venture funding saw a “return to sanity” in 2022
Toronto tech startups raised a collective $3.7 billion through 154 deals in 2022. Toronto’s venture funding in 2022 may have dipped from a record-breaking…
Despite market conditions, 2022 second-highest year on record for Canadian venture capital BetaKit
CVCA CEO: “Considering the macroeconomic conditions, the finish in 2022 was surprising.” After declining for three quarters, Canadian tech venture capital capped the year…
Pender Ventures closes first half of $100 million target for second venture fund
After focusing primarily on Western Canada, Pender Ventures has its eye on other parts of Canada. Pender Ventures has secured $50 million CAD in…
BMO, Georgian partner on access fund as venture firm secures nearly half of second alignment fund
SEC filings show that Georgian has secured $466 million USD of its target to date. BMO Global Asset Management has teamed up with Georgian…
AlayaCare co-founder launches venture fund Storytime Capital with $15 million
The VC wants to invest in founders that aim to change the landscape of work. Since COVID-19 restrictions shut down offices and other workplaces…
Year in review: Kim Furlong talks VCCI and what comes next for Canadian venture
Furlong: “These programs are an anomaly in what the government pushes out. There’s no reason why they should ever disappear.” Kim Furlong kind of…