Private Equity
Two principals with RBC Venture Partners have completed a management buyout of the firm's investment portfolio and have launched a new Canadian venture firm, Information Venture Partners.
3 min read · 03 November 2014
For several months, the rumour mill has been buzzing with speculation that RBC Venture Partners’ principals Robert Antoniades and David Unsworth were on the cusp of launching a new partnership. Well, it has finally happened. In October, the principals completed a buyout of RBC Venture Partners’ investment portfolio and raised LP capital for a brand new Canadian venture capital firm: Information Venture Partners.
3 min read · 03 November 2014
The previous month saw Canaan close Fund X; SAP rebrand into Sapphire; and Data Collective collect $140 million for big data
7 min read · 01 November 2014
After a rush of venture fundraising activity throughout most of 2014, fundraising falls dramatically in September; the amount investors put into venture deals rose in the month
2 min read · 01 November 2014
Wesley Clover International is partnering with Invest Ottawa and PARTEQ Innovations to invest in technology startups in Ottawa and Eastern Ontario. Through the federal government's Canada Accelerator and Incubator Program, Wesley Clover and its partners will receive up to $7.7 million in funding over the next five years to provide entrepreneurs in the region with resources to develop their business plan, seek follow-on financing, and establish international markets for their products. Based in Ottawa, Wesley Clover is an angel investment firm.
5 min read · 31 October 2014
Maple Leaf Angels, a group of high net worth individuals who invest in early-stage technology companies, has launched MLA48 LP, a new angel investment fund. MLA48 will focus on providing value-added financing to startups in information, communication and entertainment sectors in southern Ontario. The fund commits to making decisions about prospective investments within 48 hours. Accredited investors that are affiliated with the newly formed Maple Leaf Angels Corp will be able to participate in the fund's investment opportunities. Founded in 2007, Maple Leaf Angels is based in Toronto.
4 min read · 31 October 2014
According to a Form D SEC filing, Jerusalem Venture Partners has raised over $100 million for its seventh fund. The target for JVP VII is $120 million. Gadi Tirosh is listed as a general partner on the document. And, in a separate Form D SEC filing from the same venture firm but for a different fund, JVP has secured $60 million for JVP VII Cyber Strategic Partners. The target for this fund is $65 million.
1 min read · 31 October 2014
Autodesk said it has formed a $100 million 3D printing fund to support startups developing hardware, software, materials and market places critical to the 3D printing ecosystem and specifically its Spark software.
1 min read · 30 October 2014
CalSTRS sees gains from NEA, but a decline from ARCH
2 min read · 29 October 2014
San Francisco-based Akkadian Ventures has closed its oversubscribed third fund at $74 million, beating its original $50 million target. Its LPs include "premier" institutional investors in the U.S. and Europe. Akkadian Ventures III focuses on secondary investing.
3 min read · 28 October 2014
