Private Equity
Canadian clean-tech venture capital firm Chrysalix Energy Venture Capital has partnered with Hong Kong Science and Technology Parks Corp (HKSTP), which runs the Hong Kong Science Park Venture Capital Partnership Program, a technology incubator. Chrysalix joins other venture firms working with HKSTP to connect startups in China with funding sources. Vancouver-based Chrysalix said the aim of the collaboration is to "create a valuable Asia-Pacific innovation gateway." Earlier this year, peHUB Canada interviewed Chrysalix Co-Founder and CEO Wal van Lierop about the impending first close of Chrysalix Energy LP IV.
4 min read · 21 September 2015
San Francisco-based firm seeks cloud business apps; 500 closes one fund and plans another; and other fundraising briefs worldwide
10 min read · 21 September 2015
Rothenberg Ventures will invest $10 million in early stage virtual reality and related companies over the next 14 months, according to a news story and itsWeb site. The investments will be channeled through its River program for advanced technologies such as VR, augmented reality, artificial intelligence, robotics and computer vision.
1 min read · 17 September 2015
Bridgit, a cloud-based mobile and web communication platform designed for the construction industry, was awarded the top prize in the first-ever C100 Startup Competition at Venture North. Bridgit, co-founded by Mallorie Brodie and Lauren Hasegawa in 2012, was one of seven local companies competing. Venture North, a new event focused on promoting Toronto-Waterloo's startup community, took place this week. It is a partnership between Silicon Valley-based nonprofit organization the C100, the Ontario government, MaRS Discovery District, Communitech, OneEleven and others.
3 min read · 16 September 2015
The C100 is teaming up with the Ontario government and other partners to host Venture North, a new event focused on promoting the Toronto-Waterloo region's startup community. The event, which is taking place this week, will see investment-ready startups from the region pitch their products and companies to potential venture capital investors through the C100 Startup Challenge. Venture North is the C100's first event located in Canada. Based in Silicon Valley, the nonprofit organization was established to support Canadian entrepreneurship through mentoring, networking and related programs.
3 min read · 15 September 2015
VCs outside the firm say there’s plenty to be impressed about with Sequoia Capital.
3 min read · 15 September 2015
Avalon Ventures has raised over $103 million for its 11th fund, according to an SEC filing. The target is $300 million.
1 min read · 14 September 2015
Startup Canada and Dell Canada have partnered in the launch of the Women Entrepreneurship Fund. The fund, the size of which was not disclosed, will invest in projects that encourage and support the development of women-led companies in Canada. Successful fund applicants will be awarded up to $3,000 per project. The Women Entrepreneurship Fund is Startup Canada's fourth fund announced this year.
3 min read · 14 September 2015
Investing in China and India has soared this year, but a change could be ahead for this high-hustle firm Sequoia Capital.
3 min read · 14 September 2015
Startup Canada has launched the Startup Canada Startup Space Fund, which is intended to give entrepreneurs across Canada access to places to work. The fund, the size of which was not published, will back eligible spaces that are centrally located in the business district of a city or town and include a desk, chair, Internet access, and access to common areas. The fund is supported by TruShield Insurance, Intuit Canada, UPS and TELUS. Based in Ottawa, Startup Canada is an entrepreneurial network that promotes entrepreneurship in Canada.
3 min read · 09 September 2015
