There are women in Canada that wield significant influence in our industry that oversee millions and billions in assets. These expert opinions are needed now more than ever. Strategies are looking to adjust for where markets are heading and to focus on the many variables that will spell future investment success or failure. Again, this
There are women in Canada that wield significant influence in our industry that oversee millions and billions in assets. These expert opinions are needed now more than ever. Strategies are looking to adjust for where markets are heading and to focus on the many variables that will spell future investment success or failure. Again, this
Birch Hill’s investment helped Bluewave make a total of 16 acquisitions over three years that more than tripled the size of the company without the need for any additional equity investment. Between 2006 and 2009, Bluewave grew from 11 to 48 branches and doubled its employees to more than 400, while revenue increased from $99M to $670M and profit from $4M to $38M.
Monday is International Women’s Day (IWD), a time when we celebrate the women in our lives and remember the work we have put in and that is still required on our drive towards a common goal—equality in our workplaces, communities, and society. As the CVCA kicks off our webinar series celebrating IWD, the CVCA is
On February 1, CVCA member MacKinnon, Bennett and Co. (MKB) held an initial close for their MKB Partners Fund II, securing CAD $100M of the targeted $150M fund. MKB Partners Fund II fund will invest in late-venture and early growth-stage companies focused on the decarbonization and electrification of energy and transportation. The fund will partner
It has been seven years since the Government of Canada’s Venture Capital Action Plan (VCAP) was implemented. A unique program, VCAP leveraged CAD $350M of government funds to attract an additional CAD $904M in private sector investment into Canada’s venture capital (VC) industry (as well as CAD $112.5M in provincial funds). These combined public and
Following some of the worldwide uprisings that took place in 2020 surrounding the Black Lives Matter movement, many funders began taking steps to address the lack of diverse-owned businesses in their funding portfolios. Funders took a hard look at their activities and found that they were not investing in equitable or diverse ways and have created new theses or modified their existing theses to invest in more Black founders. Some of these funds include Backstage Capital, Andreesen Horowitz, and Softbank and could be worth looking into.
There has been much-needed focus on inequality and systemic racism since the Black Lives Matter protests last year. Difficult conversations have taken place, organizations have released statements and commitments have been made by a few to start the process of removing barriers and to better support the Black community. Within the business community, there has
With Westcap’s investment, the company continued on product development and future growth and increased its employee count.
Lying on the wickedly cold pavement on January 14, listening to first responders assess how they were going to transfer my body to a spinal board—not yet knowing if I fractured my pelvis, I recall darting thoughts of “I have the tools to get through this.” I was angry at the driver who hit me
