Private Equity
New reports from the Canadian Venture Capital & Private Equity Association (CVCA) and Thomson Reuters suggest that deal making in Canada’s venture capital market was red hot in 2014. Indeed, Thomson Reuters said dollars invested in Canadian technology sectors last year reflected the biggest total in more than a decade. On the other hand, venture capital fundraising in 2014 declined 15 percent year over year.
3 min read · 11 February 2015
The Bronfman family's Claridge Inc and the Caisse de dépôt et placement du Québec have jointly launched a new firm to invest in Israel's civil technology and innovation sectors. The firm, which is called Claridge CDPQ Israel, will operate from headquarters in Tel Aviv and will seek out opportunities to invest in high-growth companies. Claridge CDPQ Israel will be led by Oded Tal. Tal was previously a managing director at Israeli investment banking firm Leumi Partners and, before then, was Claridge's CIO at its office in Montréal.
3 min read · 11 February 2015
Zetta Venture Partners has closed its first fund at $60 million. The pool will focus on early-stage analytics companies, mostly in the enterprise and industrial sector. Mark Gorenberg and Ash Fontana are the venture firm's managing directors.
3 min read · 11 February 2015
Vivo Ventures added more capital to its now $600.7 million eighth fund and Walden Venture Capital raised $55 million for its eighth fund, according to documents filed with the SEC.
1 min read · 05 February 2015
Menlo Park, California-based Aligned Partners, an early-stage-focused venture firm, has raised $50 million for its oversubscribed second fund. The pool will focus on "capital-efficient" startups.
3 min read · 05 February 2015
Crosslink Capital, the San Francisco investment firm behind companies such as sports blog Bleacher Report and music service Pandora, said it had raised $170 million for a new venture fund, its seventh, Reuters News reported.
1 min read · 05 February 2015
San Francisco-based Walden Venture Capital has raised $107 million for its latest early-stage fund. The fund, which was originally targeted at $75 million with a $100 million cap, counts the Small Business Administration, through its Early Stage SBIC program, as its largest LP. The firm says it focuses on digital media and cloud services for the consumer and the enterprise. The fund has already backed such companies as Scientific Revenue, Merchant Atlas and ReadyPulse.
3 min read · 04 February 2015
Signia Venture Partners, an investor in Kurbo Health, Pepperdata and Funzio, has raised $100 million for Signia Venture Partners II, according to a regulatory filing.
1 min read · 04 February 2015
Anges Québec Capital Fund, a fund established in 2012 to invest alongside members of Anges Québec, has been recapitalized. New capital commitments to the fund, totaling $85 million, include $65 million from Anges Québec partners, including the Caisse de dépôt et placement du Québec, Fonds de solidarité FTQ, Investissement Québec and the Québec government. To date, the fund and Anges Québec, a network of 165 private investors, have invested in 44 early-stage innovative companies in Québec. François Gilbert, president and CEO of Anges Québec, said the new money will facilitate investments in more than 55 companies.
3 min read · 03 February 2015
Korea's Doosan Heavy Industries & Construction Co Ltd and France's Michelin Group have committed to the latest fund of Emerald Technology Ventures. The amounts committed were not disclosed. Doosan and Michelin join a number of existing corporate investors, including Ecolab Inc, SK Group Inc and Suncor Energy Inc, all of which made fund commitments last June. Emerald, which has offices in Toronto and Zurich, Switzerland, invests in companies in the areas of energy, water, advanced materials and industrial information technology. The firm's 2014 deals include its investment in Canadian mapping service platform GeoDigital International Inc.
3 min read · 03 February 2015
