Private Equity

North America

Synctera nabs $15m to help companies build fintech apps in Canada

NAventures, the corporate venture arm of National Bank of Canada, led the round.

2 min read · 16 March 2023

FTC’s proposed non-competes ban raises doubts for start-ups’ dealmaking 

Non-solicitation and return-of-property provisions are likely to shift from individual employment contracts to M&A agreements if the ban is passed.

7 min read · 15 March 2023

BDC Capital taps Sévrine Labelle as Thrive Lab managing director

The C$100 million Thrive Lab will be launched officially in the spring of 2023.

1 min read · 15 March 2023

Airex Energy lands C$38m Series B to advance decarbonization solutions

Airex produces biochar, biocarbon and biocoal, each of which has multiple applications relevant to climate change.

2 min read · 15 March 2023

Here are the winners in CalPERS' $1.1bn VC bonanza

Making up for several years of underinvestment in venture capital, the California Public Employees’ Retirement System committed more than $1.1bn to 15 venture vehicles last year.

3 min read · 15 March 2023

Spark Microsystems raises C$48m in Idealist Capital-led Series B

Based in Montreal, Spark Microsystems is a fabless semiconductor company.

2 min read · 14 March 2023

SVB Financial mulls sale of FoF with stakes in Accel, Index, Sequoia

SVB Financial Group, the holding company of Silicon Valley Bank, is exploring strategic options for its various business lines, including a sale of its $9.5 billion funds-of-funds business that includes limited partner positions in funds.

2 min read · 14 March 2023

Yaletown Partners closes second innovation growth fund at C$200m

IGF II will continue the Vancouver-based firm's strategy of financing technology companies enabling the modernization of industries.

2 min read · 13 March 2023

Zenhub secures C$10m in Series A round led by Yaletown Partners

Launched in 2015, Zenhub was one of the first solutions to make it possible for software teams to manage projects entirely within GitHub.

2 min read · 13 March 2023

SVB failure has VCs wrestling with what's next

The failure of Silicon Valley Bank, a longtime favorite of the tech industry, has venture capitalists scrambling to help portfolio companies that are depositors with the bank and make sure their own firms’ deposits are safe. One VC described the bank’s collapse as an “extinction level event” for technology start-ups.

9 min read · 11 March 2023

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