Private Equity
European venture firm Ventech Capital has secured 140 million euros for its fifth fund, according to an article posted on Medium Corp. The target is 200 million euros. Ventech Capital V's backers include European institutional investors, families and founders.
1 min read · 07 March 2018
2 min read · 07 March 2018
Panache Ventures, a new Montréal-based early-stage venture capital firm, has launched its debut fund. Panache Ventures I, which raised $25 million in an initial close, will invest in pre-seed and seed opportunities in artificial intelligence-machine learning, blockchain, cybersecurity, financial technology and other sectors. Managing Partners Mike Cegelski and Patrick Lor, Partner David Dufresne and Associate Nicolas Jacques-Bouchard, who helped launch 500 Startups Canada two years ago, will lead the firm. Panache has already backed 11 of a planned 140 Canadian startups to receive investments over the next four years. It will soon add a Toronto-based team member.
2 min read · 06 March 2018
8 min read · 05 March 2018
Liquid 2 Ventures is seeking to raise $50 million for its second fund, according to an SEC filing. Based in San Francisco, Liquid 2 Ventures makes seed-stage investments in tech startups. General partners include NFL Hall of Fame Quarterback Joe Montana.
1 min read · 05 March 2018
Panasonic Corp and Scrum Ventures have formed BeeEdge, an accelerator that "will identify technologies within Panasonic that are not fully utilized and create independent startups to commercially develop them." No financial terms were disclosed.
2 min read · 02 March 2018
2 min read · 01 March 2018
Ontario Capital Growth Corp (OCGC), a venture capital agency of the Ontario government, said it plans to launch a venture capital fund focused on giving local life sciences companies the financing they need to scale up and reach global markets. OCGC has issued an expression of interest to identify fund managers to collaborate with other institutional investors, such as corporations, banks and pension funds. The Ontario government has pledged to commit up to $50 million to venture capital funds specializing in investments in life sciences sectors.
3 min read · 01 March 2018
3 min read · 01 March 2018
SaskWorks Venture Fund, a retail venture capital fund active in Saskatchewan, has raised $40 million in its latest fund-raising year, reaching the fund's subscription limit under federal and provincial tax laws. Managed by Regina-based private equity firm PFM Capital, SaskWorks invests in small and medium-sized private companies in the province. Established in 2001, the fund has more than 29,000 shareholders and over $491 million in assets under management.
2 min read · 28 February 2018
