Private Equity
Canadian technology-focused fund-of-funds manager Teralys Capital has partnered with the Fonds de solidarité des travailleurs du Québec FTQ and BDC Venture Capital in backing U.S. life sciences venture capital firm Versant Ventures. Teralys committed $25 million to Versant, making its fifth investment in life sciences, an integral part of Teralys' and its partners' strategy to bolster the market ecosystem in Québec and across Canada. The three investor groups also plan to work with the firm on its recently launched drug discovery incubator Inception Sciences, located in Montréal. Northleaf Venture Catalyst Fund also announced a $10 million commitment to Versant.
6 min read · 24 June 2014
Canadian technology-focused fund-of-funds manager Teralys Capital has partnered with the Fonds de solidarité des travailleurs du Québec FTQ and BDC Venture Capital in backing U.S. life sciences venture capital firm Versant Ventures. Teralys committed $25 million to Versant, making its fifth investment in life sciences, an integral part of Teralys' and its partners' strategy to bolster the market ecosystem in Québec and across Canada. The three investor groups also plan to work with the firm on its recently launched drug discovery incubator Inception Sciences, located in Montréal. Northleaf Venture Catalyst Fund also announced a $10 million commitment to Versant.
6 min read · 24 June 2014
(Reuters) - Alberta Investment Management Corp (AIMCo), the $80 billion provincial pension manager, is steering clear of investments tied to existing roads, bridges and transmission lines as their growing popularity squeezes returns.
2 min read · 24 June 2014
Northleaf Venture Catalyst Fund (NVCF), which in January raised $218 million in its initial close, has made a $10 million commitment to U.S. venture capital firm Versant Ventures. NVCF, which is managed by Northleaf Capital Partners, said it wants to back Versant's contribution to Canada's life sciences ecosystem through its specialized model for launching and investing in early-stage companies. Versant has recently established incubators in Vancouver, Toronto and Montréal aimed at building companies launched by local academics and entrepreneurs. Other funds backed so far by NVCF include the latest offerings of Canadian firms Georgian Partners and XPV Capital Corp.
3 min read · 24 June 2014
U.S. life sciences-focused venture capital firm Versant Ventures has increased its presence in the Canadian market with the launch of a new biopharmaceutical incubator, Inception Sciences Montreal. The launch follows last year's establishment by Versant of Blueline Bioscience in Toronto and Inception Sciences Vancouver. The firm said that Inception Sciences Montreal adds a third Canada-based research site to its discovery engine to address the growing appetite of major pharmaceutical companies to enter into innovative venture-backed partnerships.
3 min read · 24 June 2014
U.S. life sciences-focused venture capital firm Versant Ventures has increased its presence in the Canadian market with the launch of a new biopharmaceutical incubator, Inception Sciences Montreal. The launch follows last year's establishment by Versant of Blueline Bioscience in Toronto and Inception Sciences Vancouver. The firm said that Inception Sciences Montreal adds a third Canada-based research site to its discovery engine to address the growing appetite of major pharmaceutical companies to enter into innovative venture-backed partnerships.
3 min read · 24 June 2014
Confirming an earlier report by peHUB, Khosla Ventures has filed documents with the SEC stating that it plans to raise $1 billion for its fifth fund.
1 min read · 24 June 2014
Confirming an earlier report by peHUB, Khosla Ventures has filed documents with the SEC stating that it plans to raise $1 billion for its fifth fund.
1 min read · 24 June 2014
Many newer firms are boasting strong early performance, but LPs are looking for the breakout VCs that will create lasting franchises.
3 min read · 24 June 2014
Many newer firms are boasting strong early performance, but LPs are looking for the breakout VCs that will create lasting franchises.
3 min read · 24 June 2014
