Private Equity
In a peHUB Canada exclusive, Tom Rand, managing partner of the privately-backed MaRS Cleantech Fund, writes about what's at stake in the current global debate over climate change and the potential impact of clean technologies. For Rand, the issue comes down to a contest between the Cleantech Bulls and the Climate Bear. In this contest, a number of Canadian venture-backed startups like Hydrostor, Woodland Biofuels, Sparq Systems and Polar Sapphire are demonstrating why the Cleantech Bulls are showing increasing muscle.
4 min read · 18 February 2014
The number of technology companies aged five years or younger has fallen to below 80,000, down from a high of 113,000 in 2001, according to a new report from the Kauffman Foundation, says Reuters.
2 min read · 11 February 2014
Draper Fisher Jurvetson has closed its early-stage focused Fund XI on $325 million after roughly two months in the market, the firm said on Tuesday. Fund XI is the smallest the firm has raised for some time, which reflects the firm's slimmed-down strategy.
3 min read · 04 February 2014
In light of the letter than Tom Perkins recently wrote to the Wall Street Journal, and its aftermath, we're re-publishing a profile of him that originally appeared as the cover story in the December 2007 issue of affiliate publication Venture Capital Journal.
10 min read · 04 February 2014
In high school, the stereotype goes, jocks and computer geeks sit at separate lunch tables and socialize as little as possible.
3 min read · 30 January 2014
Real Ventures recently signaled a new direction for the six year-old venture capital firm – a direction that will soon be made manifest by the first close of its third, $100 million partnership, Real Ventures III, peHUB Canada has exclusively learned.The fund’s launch will cap what has been an exceptionally active period for the Montréal-based Real Ventures, one of Canada’s foremost early-stage IT and Internet-focused investment specialists, and the most active private investors in domestic seed-stage and startup financings in 2013, according to Thomson Reuters.
5 min read · 13 January 2014
The most recent Forbes' 30 Under 30 list points to the youthful energy that is currently powering many venture-backed technology startups. Among those recognized are several notable Canadian company founders, entrepreneurs and investors. Examples include Vancouver's Brian Wong, the founder and CEO of San Francisco-based mobile rewards network Kiip, Eric Migicovsky, the University of Waterloo engineering graduate who launched smart-watch maker Pebble Technology , and Ted Livingston, who helped found Waterloo, Ont.-based KiK Interactive, a developer of mobile messaging applications for smartphones.
1 min read · 07 January 2014
Canadian venture capital firm Chrysalix Energy Venture Capital intends to raise a fourth clean-tech fund, eyeing a fund size of US$150 million to US$250 million, reports peHUB Canada affiliate publication VCJ. According to the firm’s co-founder and CEO, Wal van Lierop, the timing is right because investors are coming back to the clean-tech sector.
2 min read · 02 January 2014
Since 2008, 33 U.S.-based venture-backed companies have launched billion-dollar offerings
2 min read · 26 December 2013
Mobile Data Technologies Ltd (MDT), a designer and builder of data acquisition and control systems for the oil and gas industry, has been bought by an unidentified U.S. energy services company. That report comes from merchant banking services firm The Kirchner Group. The firm did not disclose the financial terms of the transaction. The Acheson, Alberta-based MDT was less than four months ago the recipient of an undisclosed financing from Accelerate Fund LP, an angel co-investment fund managed by Canadian venture capital firm AVAC.
2 min read · 12 December 2013
