Private Equity
U.S. technology accelerator Techstars and Canadian early-stage venture capital firm Real Ventures have partnered in the launch of a Montréal artificial intelligence accelerator program. Techstars Montréal AI Accelerator will draw on Montréal's AI capabilities and add to the local ecosystem by supporting startups that advance the development and application of AI technologies across a range of industries. The program, which will begin in September 2018, follows last month's decision by the federal government to fund SCALE.AI Supercluster, a Québec-based strategy for building intelligent supply chains through AI and robotics.
4 min read · 12 March 2018
3 min read · 12 March 2018
TAE Life Sciences, a developer of treatments for difficult to treat cancers, has raised $40 million in Series A funding. ARTIS Ventures led the round.
1 min read · 12 March 2018
5 min read · 12 March 2018
2 min read · 10 March 2018
San Francisco-based ViewPoint Therapeutics Inc, a developer of crystallin stabilizers to prevent and treat cataracts and presbyopia, has raised $35 million in Series B financing. The Rise Fund led the round with participation from other investors that included Novo Holdings A/S, Biotechnology Value Fund LP, Mission Bay Capital LLC, Lagunita BioSciences LLC and the University of Michigan through its MINTS initiative.
1 min read · 09 March 2018
Brussels, Belgium-based Mars Petcare, a provider of pet nutrition and health care, has launched a $100 million venture fund. Digitalis Ventures is working in partnership with Mars Petcare on the fund named Companion Fund. Also, Mars Petcare has teamed up with Michelson Found Animals and R/GA to launch Leap Venture Studio, an accelerator. Both the venture fund and the accelerator will be focused on pet care startups.
5 min read · 09 March 2018
2 min read · 08 March 2018
The Business Development Bank of Canada (BDC) has entered into a partnership with Women's Enterprise Organizations of Canada (WECO) to support women entrepreneurs and increase their financing opportunities. BDC will work with five WEOC member organizations and some 90,000 women business owners who work with WEOC members at the national level. The agreement adds to BDC's other commitments, including a new target of $1.4 billion in lending to women-led businesses by 2021, announced in last week's federal Budget 2018, and $200 million of investment in women-led technology companies.
3 min read · 08 March 2018
Cherubic Ventures has set out to raise a fourth venture fund, according to a filing with the SEC.
1 min read · 08 March 2018
