Private Equity
The city of Montréal and the Québec government have partnered with private investors to form a new group focused on Montréal's innovative startups. Capital Intelligent Mtl will draw on $100 million made available by 23 venture capital firms, financial institutions and corporations. It will target financings to the local adoption of digital technologies and the development of innovative projects. The new group's founding members include Québecor, Fonds de solidarité FTQ, Fondaction CSN, Caisse de dépôt et placement du Québec, BDC Capital, Desjardins Entreprises and Teralys Capital.
4 min read · 10 June 2016
Grove Ventures has raised $30 million toward a $100 million first venture fund, according to a filing with the SEC.
1 min read · 10 June 2016
Grove Ventures has raised $30 million toward a $100 million first venture fund, according to a filing with the SEC.
1 min read · 10 June 2016
Canadian investment firm Tectoria Venture Partners recently released its study of the technology ecosystem in Victoria, British Columbia. The study points to "a significant increase in startup activity in recent years" and more than $31.5 million of direct angel investment over the past five years. Most entrepreneurs in the region have nonetheless reported challenges to raising capital. Tectoria said these findings have convinced it to create an angel fund of $20 million to $30 million targeted to opportunities in Victoria. The firm plans to launch the fund later this year.
4 min read · 10 June 2016
Canadian investment firm Tectoria Venture Partners recently released its study of the technology ecosystem in Victoria, British Columbia. The study points to "a significant increase in startup activity in recent years" and more than $31.5 million of direct angel investment over the past five years. Most entrepreneurs in the region have nonetheless reported challenges to raising capital. Tectoria said these findings have convinced it to create an angel fund of $20 million to $30 million targeted to opportunities in Victoria. The firm plans to launch the fund later this year.
4 min read · 10 June 2016
New venture fund Silicon Valley Associates Impact 1 Fund has launched. The target is $250 million. The focus will be on making socially responsible investments.
2 min read · 10 June 2016
4 min read · 10 June 2016
Despite recent fund closures from Longitude, Sherpa and SoftTech, plenty more firms remain actively seeking new fund commitments
2 min read · 09 June 2016
Sherpa Capital has raised $470 million for two new funds, according to a news report.
1 min read · 09 June 2016
Sherpa Capital has raised $470 million for two new funds, according to a news report.
1 min read · 09 June 2016
