Private Equity
The Upside Foundation of Canada, a Toronto-based charity launched in 2013 by a group of entrepreneurs, investors and other professionals, has devised a plan for encouraging Canada’s high-growth companies to share their good fortune with others. A clue to the strategy is in the organization’s name.
3 min read · 22 October 2015
Seed 2 Growth Ventures, a food and agriculture venture fund, has launched with $125 million in funding. The fund will focus on "healthy, sustainable and local food." So far S2G Ventures has invested in a number of companies that include ShopWell, a digital platform for personalized food recommendations; Maple Hill Creamery, a maker of yogurt and other diary products from organic milk; and Shenandoah Growers, a fresh herbs brand.
3 min read · 21 October 2015
The Dementia Discovery Fund, which focuses on developing new dementia treatments, has raised $100 million. DDF's backers include UK Government’s Department of Health, Alzheimer’s Research UK, Biogen, GlaxoSmithKline, Johnson & Johnson, Eli Lilly, Pfizer and Takeda. SV Life Sciences is managing the fund.
7 min read · 21 October 2015
Progress Ventures said Tuesday that its third venture fund closed at $20 million. Progress Ventures Fund 3 makes early stage investments within marketing and media technology. Chris Legg and Rick Gallagher have also joined the firm as Managing Partners.
3 min read · 20 October 2015
San Francisco-based firm aims to help ease the pain point for VC-backed companies to hire talent.
2 min read · 17 October 2015
San Francisco-based venture firm SignalFire announced its launch this week and disclosed it has already invested in eight companies with its inaugural $53 million seed-focused fund. Regulatory filings for the fund indicate SignalFire raised $49.5 million from 27 investors and an additional $3.105 million from 23 investors. The Wall Street Journal reported that LPs included fund-of-funds Horsley Bridge Partners and individual investors, such as Yahoo co-founder Jerry Yang and Slack Technologies founder Stewart Butterfield.
1 min read · 15 October 2015
Wellington Financial, a Toronto-based specialty finance firm, has raised nearly all of its target of $300 million for its fifth innovation-focused private debt fund. Wellington President and CEO Mark McQueen told PE Hub Canada that Wellington Financial Fund V has so far secured $285 million of committed capital. That’s 95 percent of the way to the fund’s hard-cap target.
3 min read · 13 October 2015
University of California has four active funds from the period
2 min read · 13 October 2015
CSC Group invests in a new seed that will primarily invest through syndicates on the site
2 min read · 13 October 2015
CoPower, an online marketplace for clean energy investments, has raised $850,000 in seed capital from Innovation Support and RBC. Montréal-based CoPower supports financings of clean energy infrastructure projects, including energy efficiency retrofits and solar rooftop installations, which can generate strong returns while reducing carbon output. Since late 2014, it has raised and deployed over $1 million in project loans. Co-Power, recently named one of Canada’s 10 “most game-changing” clean technology companies by CIX Cleantech, plans to open to the public next year.
2 min read · 08 October 2015
