There’s plenty in the news about the success of Canadian startups, particularly Canada’s tech startups which are said to be “having a moment”, with more and more Silicon Valley VCs flocking to Canada to fund our homegrown startups. There’s no doubt that our startup ecosystem deserves recognition—we’re seeing an onslaught of new Canadian companies contribute
Written by Justin Krieger, CommonWealth Fund Services Ltd. In the years since the financial market correction, the fund administration industry has experienced great change. From technology to valuation methodologies to reporting standards and even how administrators hold assets in custody for clients, the industry as a whole is perpetually shifting, morphing, and in many cases
Although not as flush as the first quarter last year, the Canadian venture capital industry is still looking strong. Based on final Q1 2017 CVCA data (Q2 2017 final data scheduled to be released on August 23rd), $905M was disbursed over 98 deals in the first quarter. This compares to $956M over 128 deals from
Canadian female investors & founders to celebrate industry diversity for Canada’s 150th with series of events from coast-to-coast The Canadian Venture Capital and Private Equity Association, BDC Capital and McRock Capital have joined forces to bring together 150 Canadian women-in-tech across the country for a Canada 150-themed celebration 150 Canadian-based female technology investors and founders
Canada is a great place to do business, live, work and invest. Let’s break down some of Canada’s impressive metrics: Canada’s workforce is the most highly educated among members of the OECD, with half of its working-age population having a tertiary level education. Canada is one of the top ten countries in the world to
On June 14th, Canada’s Minister of Innovation, Science and Economic Development, Navdeep Bains and Science Minister, Kirsty Duncan announced a $50M, two-year government commitment to teach young people to code alongside other digital skills. This initiative is delivering on the 2017 budget announcement in March, where the federal government explained its intentions to make Canada
A CVCA interview between CVCA CEO, Mike Woollatt and Peter van der Velden, Managing General Partner, Lumira Capital MW: Peter, Lumira announced this morning a really unique strategy to donate a portion of the carry earned by the partners of the firm on Lumira Capital Fund IV to leading healthcare foundations across the country. Can
May 4-12 was Innovation Week in New Brunswick and the week was used as a backdrop for a provincial government funding announcement for the New Brunswick Innovation Foundation (NBIF). The government of New Brunswick committed to propelling the local innovation ecosystem with an injection of $45.6 million in funds over four years in an announcement
Photo Credit: Carey Diamond A month after announcing its intention to go public, Markham Ontario-based Real Matters Inc. (TSX: REAL) has begun trading, raising C$156 million with common shares at C$13.00 per share, giving the company a valuation in excess of C$1 billion. The Real Matters IPO marks an end to a two-year dry spell for
Always at the forefront of innovation, the venture capital industry has a remarkable record of funding entrepreneurs during the genesis of their society-changing companies. It’s a history that has had quite an impact—firms like Google, Facebook and Uber have proven to be game changers in how we interact with the world. One of the criticisms
