Private Equity

North America

Friday Letter: How rising interest rates will hurt VC fundraising

Fundraising will get harder for VC funds because they compete with other private funds for investors’ PE allocations – and those allocations may get trimmed as fixed income investments become more attractive.

4 min read · 16 December 2022

Agtech startup Winter Farm lands C$46m for strawberry production

Winter Farm, also known as Ferme d'Hiver, will use the funds raised to build a vertical farm dedicated to strawberry production.

2 min read · 15 December 2022

Fifth Wall builds $1bn-plus proptech war chest

Fifth Wall has closed on $866m for its Real Estate Technology Fund III, which the New York firm says is the largest proptech fund raised to date.

2 min read · 15 December 2022

USV raises second climate fund to fuel blistering deal pace

Union Square Ventures, which has invested in 17 climate-related companies in the past two years, has closed on $200m for its second climate fund to keep the dealmaking momentum going.

2 min read · 14 December 2022

Insurtech startup Walnut Insurance raises C$4m in seed funding

The round was led by ATB Financial and NAventures, with participation from Harvest Venture Partners, Highline Beta and N49P.

1 min read · 14 December 2022

Physician engagement platform KeyOps closes C$4m seed round

KeyOps has developed a digital platform that connects doctors and other opinion leaders to life science companies to enable faster commercial decision-making and a better response to patients' needs.

2 min read · 14 December 2022

Plooto secures $20m Series B round led by Centana Growth Partners

Plooto is a Toronto-based provider of accounts payable and accounts receivable automation software to small to medium-sized businesses.

1 min read · 13 December 2022

Online mortgage platform Nesto nabs C$80m in Series C financing

The round was led by IGM Financial, an affiliate of Power Corp of Canada.

1 min read · 13 December 2022

Precision medicine startup Perceiv AI collects C$1.5m in funding

The round was backed by Centre for Aging + Brain Health Innovation, Plug and Play Ventures, Boreal Ventures, IKJ Capital, Red Abbey Labs, Investissement Québec and others.

1 min read · 12 December 2022

Freshly funded Delphia snaps up Fathom Privacy

Delphia is a Toronto-based mobile algorithmic stock advisor.

2 min read · 12 December 2022

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