Versant Ventures related stories
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Canadian venture capital, private equity deals surge in 2015: ReutersDeal-making activity in Canada's venture capital and private equity arena surged in the first half of 2015, driven by a spate of financings in the tech start-up space and large investments in energy assets, data from Thomson Reuters showed on Monday.
Canadian venture capital, private equity deals surge in 2015: ReutersDeal-making activity in Canada's venture capital and private equity arena surged in the first half of 2015, driven by a spate of financings in the tech startup space and large investments in energy assets, Reuters reported citing data released this week by Thomson Reuters.
Data spotlight: Top Canadian deals in Q2Toronto-based Real Matters was the top venture deal of the month in Canada, raising C$60 million
- Northleaf Capital hits $300 mln hard cap on Venture Catalyst Fund
Northleaf Capital Partners has hit the $300 million hard cap on Northleaf Venture Catalyst Fund. The fund, the first under Canada's Venture Capita Action Plan, has already deployed about 50 percent of its capital to six venture managers and several direct investments. The final closing includes commitments from Sun Life Financial and high net worth and family office investors.
- Northleaf Venture Catalyst Fund closes at $300 mln hard cap
Northleaf Venture Catalyst Fund, a venture capital fund-of-funds managed by Northleaf Capital Partners, has closed at its hard cap target of $300 million. The fund, which was launched in early 2014 /canada/2014/01/21/first-vcap-fund-of-funds-northleaf-venture-catalyst-fund-nets-218-mln-in-initial-close/ with the backing of Ottawa's Venture Capital Action Plan (VCAP), raised new commitments from Sun Life Financial and several high net-worth and family office investors. Additional money came from existing limited partners, most of them corporate and institutional investors. The fund has already committed 50 percent of its capital to Georgian Partners, Golden Venture Partners, Relay Ventures, Versant Ventures, Version One Ventures and XPV Capital, as well as to direct investments in eSentire, FreshBooks, Silanis, Vision Critical and Wattpad.
Top Canadian VC deals from the second quarterIn the coming weeks, the Canadian Venture Capital & Private Equity Association (CVCA) and Thomson Reuters will issue their reports on Canadian venture capital market activity in the second quarter of 2015. In the meantime, peHUB Canada has compiled a list of the likely top 10 (disclosed) financings completed between April and June.
- IPO Profile: Glaukos Corp
The ophthalmic med tech company held a $108 million IPO
- Inari Medical ropes in $12.4 mln Series B
Irvine, Californa-based medical device company Inari Medical Inc has secured $12.4 million in Series B funding. The investors included Versant Ventures and US Venture Partners.
- NeuWave Medical scores $25 mln Series C
Madison, Wisconsin-based medical device company NeuWave Medical Inc has closed $25 million in Series C financing. Versant Ventures led the round with participation from other investors that included H.I.G. BioVentures and Venture Investors. In conjunction with the funding, NeuWave has added Kirk Nielsen, managing director at Versant Ventures, to its board of directors.
Fund Briefs May 18, 2015A recap of recent venture-related fundraisings and filings; plus tables and data on closings worldwide