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Another fund partner leaves BDC
Guillaume Mercier is leaving the Industrial Innovation Foundation as leadership changes continue. The shake-up at the Business Development Bank ...
Amid global DEI backlash, Canadian VC sees more women and visible minorities in leadership roles
DEI initiatives remained important in Canada in 2024, but climate commitments lagged. The number of women and visible minorities ...
Inovia Capital opens Abu Dhabi office as Canada strengthens ties with UAE
The Montreal-based venture capital firm is seeking to forge commercial and financial partnerships for its portfolio companies in the region. ...
New Life Sciences Fund and leadership churn reveal continued reset at BDC
The leader of the Growth Venture Fund is leaving nine months after the BDC committed $1 billion and expanded its ...
As DEI backlash spills into Canada, Black tech leaders envision a more sustainable model
Supporters say the tech industry should focus on crossover initiatives, community and access to capital. While the climate around ...
Fewer, larger financings give Canadian VC a boost in Q3 as domestic PE stays hot
CVCA says the rise in growth investing is a “good sign,” but early-stage venture capital activity continues to lag. ...
Whitecap Venture Partners welcomes Damien Steel following his Deep Sky departure
An OMERS Ventures veteran returns to the venture capital industry as Whitecap prepares its sixth fund. Damien Steele returns ...
Vistara Growth closes $321-million USD fund after “friend-raising to the max”
The fifth fund is closing after nearly two years of increases that failed to meet its “ambitious” initial target. ...
Canada sees rebound in angel investments as industry calls for more federal support
NACO reports a 27 percent increase in 38 angel investments in 2024. Angel investment activity in Canada continued to ...
BDC picks women-led Magnum for its first investment in the search fund asset class
The $50 million investment program aims to help women entrepreneurs buy businesses. The Business Development Bank of Canada (BDC) ...
