Private Equity
Caisse de dépôt et placement du Québec (CDPQ) said it will invest about $127 million (US$100 million) in the fourth early-stage fund and new growth-stage vehicle of Inovia Capital. CDPQ will commit US$75 million to the growth fund and US$20 million to the early-stage fund. Charles Émond, CDPQ executive vice-president, Québec and global strategic planning, said the vehicles represent "another source of attractive future co-investment opportunities" for the Canadian pension system. As reported by PE Hub Canada, Inovia, a Montréal-based technology venture capital firm, secured a total of about $800 million (US$600 million) for the two funds.
2 min read · 19 February 2019
10 min read · 19 February 2019
Canadian venture firm Inovia Capital has raised $200 million for its fourth early-stage fund. Also, the firm has raised $400 million for a new growth-stage fund. Inovia invests in tech companies.
3 min read · 19 February 2019
3 min read · 19 February 2019
Inovia Capital has raised about $800 million (US$600 million) for a pair of early-stage and growth funds, fulfilling an ambition to become a full-stack venture firm. The Montréal tech investor secured $266 million for a fourth early-stage fund, meeting its target. It also secured an initial $532 million for a new growth-stage vehicle. Inovia is now looking to raise up to US$100 million more for the growth fund, potentially increasing it to $665 million, General Partner Chris Arsenault told PE Hub Canada. The firm also announced the opening of a new office in London, run by General Partner Patrick Pichette, formerly a senior vice president and CFO at Google.
3 min read · 19 February 2019
Bling Capital, an investor in electric scooter company Lime, has raised $60 million for its inaugural early-stage fund, according to a pair of regulatory filings. The firm also raised a little more than $30 million for an opportunity fund that will make follow-on investments in portfolio companies and new investments in other companies in special cases, according to Founder and General Partner Ben Ling. Previously, Ling was a GP at Khosla Ventures and served in senior operating roles at Google, YouTube and Facebook.
1 min read · 19 February 2019
1 min read · 19 February 2019
2 min read · 18 February 2019
IA Capital Group has raised $43.5 million toward a $100 million venture-capital fund, according to a filing with the SEC.
1 min read · 18 February 2019
Grayhawk Capital, a Phoenix-based venture firm, has raised $10 million for its third fund, according to an SEC filing. The target is $75 million.
1 min read · 18 February 2019
