VersionOne related stories
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UCG makes strategic investment in fashion brand Frank and OakUnified Commerce Group, a retail acquisition and advisory firm, has invested in Frank and Oak, a Montreal-based men's and women's apparel and accessories brand.
Cape Privacy snaps up seed funding led by Boldstart, Version OneNew York City-based Cape Privacy, a privacy platform for collaborative data science and machine learning, has secured US$5 million in seed funding.
DemandStar nabs $2m seed led by Version One VenturesDemandStar, a marketplace for bidding on government contracts, has secured $2 million in seed funding.
Version One Ventures unveils inaugural opportunity fundCanadian early-stage venture capital firm Version One Ventures has launched Version One Ventures Opportunity Fund I with C$25m in commitments, according to a blog post.
Version One Ventures names Webster as associateCanadian early-stage venture capital firm Version One Ventures has hired Max Webster as an associate, according to a company announcement.
Version One Ventures invests in retail delivery service DollyVersion One Ventures has invested in Dolly, a Seattle, Washington-based same-day retail delivery service. Version One, a Canadian early-stage venture capital firm, backed the US$7.5 million financing of Dolly, announced this month. The round was led by Unlock Venture Partners and joined by Maveron. Launched in 2014 and led by CEO Mike Howell, Dolly provides a peer-to-peer marketplace to connect individuals and businesses with local truck owners to move, deliver or haul items. It will use the funds raised to enter new markets and facilitate plans to expand nationally and globally.
VC’s gender gap: let’s stop talking about it and start taking actionVenture capital and startup investing has been a boy’s club for many decades. So the findings of an annual report on gender diversity in venture capital released this week https://highlinebeta.com/blog/women-in-venture-report-2019 by Female Funders and Highline Beta should surprise no one. The data has confirmed what we already know: there are not enough women in early-stage investing. In a PE Hub Canada feature article, Highline Beta General Partner Lauren Robinson discusses the report's findings, including some areas of progress. She also offers some ideas that entrepreneurs, venture capital firms, angels and limited partners should consider to bring more female fund managers to the table.
Version One Ventures invests in cybersecurity startup KobaltKobalt Security, a Vancouver-based cybersecurity company, has raised an undisclosed investment from Canadian early-stage venture capital firm Version One Ventures. The investment was part of a financing led by two of Kobalt's co-founders, Pankaj Agarwal and Boris Wertz, Version One's founding partner. BetaKit reports https://betakit.com/cybersecurity-startup-kobalt-closes-1-million-cad-founders-round/ the round's total value at $1 million. Launched in 2018 and led by CEO Michael Argast, Kobalt is focused on bringing cybersecurity monitoring-as-a-service to small and mid-sized organizations. Kobalt is Version One's first cybersecurity deal and the first startup the investor has helped incubate.
Times Bridge backs Wattpad to grow storytelling app in IndiaWattpad, a Toronto-based multi-platform entertainment company for original stories, has secured undisclosed financing from Times Bridge, the investment arm of Indian media business The Times Group. The investment forms part of a strategic partnership intended to expand Wattpad's operations in India. Working with Times Bridge, Wattpad will grow its Indian community of readers and writers, establish new partnerships, and create opportunities to turn stories into books, TV shows, films and digital projects. Led by CEO Allen Lau, Wattpad has raised more than $150 million from a range of Canadian and global venture capital firms.
- Gencove inks $3 mln in Spero Ventures-led round
Gencove, a low-pass genome sequencing platform, has secured $3 million in funding. Spero Ventures led the round with participation from Alexandria Venture Investments, Burst Capital, Third Kind Venture Capital and Version One Ventures. In addition to the funding, Shripriya Mahesh, a partner at Spero, will join Gencove's board of directors.