Private Equity
Will Canada's long-standing severe venture capital (VC) shortages be ameliorated by the Canadian government's implementation of its Venture Capital Action Plan? Sadly, the answer may be no, writes Stephen Hurwitz. That's because the government's innovative initiative for regenerating the nation’s VC industry may well be offset by its 2013 decision to to phase out federal tax credits for labour-sponsored venture capital corporations by 2017.
3 min read · 28 March 2014
Andreessen Horowitz announced the closing of a $1.5 billion fourth fund that will mix growth and early stage investing. In a blog post, Managing Partner Scott Kupor said Andreessen Horowitz Fund IV will capitalize on the growth of the mobile Internet and the decline in startup creation cost to back young companies. Industry sources said the fund will be evenly divided between growth and venture investing. The firm now has $4.2 billion under management.
1 min read · 27 March 2014
Andreessen Horowitz announced the closing of a $1.5 billion fourth fund that will mix growth and early stage investing. In a blog post, Managing Partner Scott Kupor said Andreessen Horowitz Fund IV will capitalize on the growth of the mobile Internet and the decline in startup creation cost to back young companies. Industry sources said the fund will be evenly divided between growth and venture investing. The firm now has $4.2 billion under management.
1 min read · 27 March 2014
Australian VC firm OneVentures is seeking to raise $100 million for its newly launched second fund. The focus will be on emerging Australian companies in a variety of sectors that include healthcare, education, mobile, security and food security. Also, the firm has named Dean Hawkins as a partner. His work experience includes four years as global chief financial officer and board member of Adidas.
6 min read · 27 March 2014
Former Visa President Hans Morris, announced today that he has launched a new venture fund called Nyca Partners that is focused on financial technology startups.
3 min read · 26 March 2014
SharesPost Investment Management has launched SharesPost 100 Fund, which will focus on late-stage pre-IPO companies. It is open to all investors who can make a minimum investment of $2,500. SharesPost Investment Management is an affiliate of financial marketplace SharesPost.
4 min read · 26 March 2014
Co-founder Jeremy Conrad said new fund proves “hardware renaissance” is real; entrepreneurs are in catbird seat as VCs interested in hardware companies outnumber actual startups.
3 min read · 26 March 2014
Co-founder Jeremy Conrad said new fund proves “hardware renaissance” is real; entrepreneurs are in catbird seat as VCs interested in hardware companies outnumber actual startups.
3 min read · 26 March 2014
Canadian venture capital firm Avrio Capital is planning to raise a new fund focused on investing in innovative agriculture and food companies, The Globe and Mail reported. The report said Avrio is targeting $125 million for the new fund – a larger size than its previous funds, which have ranged between $75 million and $100 million. Based in Calgary, and with offices in Montréal and Toronto, the firm has invested in 65 transactions since its founding in 2006. Last week, peHUB Canada reported that Avrio would gain an exit from the sale of Wolf Trax, a Winnipeg-based manufacturer of plant nutrition products. The company is being sold to Compass Minerals for $95 million.
1 min read · 24 March 2014
Canadian venture capital firm Avrio Capital is planning to raise a new fund focused on investing in innovative agriculture and food companies, The Globe and Mail reported. The report said Avrio is targeting $125 million for the new fund – a larger size than its previous funds, which have ranged between $75 million and $100 million. Based in Calgary, and with offices in Montréal and Toronto, the firm has invested in 65 transactions since its founding in 2006. Last week, peHUB Canada reported that Avrio would gain an exit from the sale of Wolf Trax, a Winnipeg-based manufacturer of plant nutrition products. The company is being sold to Compass Minerals for $95 million.
1 min read · 24 March 2014