Venture CapitalData & Analysis

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Data & Analysis

Miovision: Behind The Deal With McRock Capital

VC

On May 7, Kitchener-based Miovision announced that McRock Capital led a CAD $15M in financing along with participation from existing investor, MacKinnon, Bennett & Co. (MKB), and new investors BDC Capital and HarbourVest Partners. As part of the financing, McRock co-founder, Whitney Rockley, has joined the Board of Directors. Founded in 2005, Miovision is a leader

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Data & Analysis

CryptoKitties: Behind The Deal With Version One Ventures

VC

On Mar. 20, Vancouver and San Francisco-based Axiom Zen, the maker of CryptoKitties announced that it had raised CAD $12M in Seed/Series A funding. The syndicate of investors on this deal included Andreessen Horowitz, Union Square Ventures, CAA Ventures, Digital Currency Group, Rising Tide Fund, YesVC, Hex Capital and CVCA member firm, Version One Ventures.

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Data & Analysis

Investment In ICT Continues To Soar In Canada

On Mar. 6, CVCA released its 2017 Year-In-Review data which demonstrated the attractiveness of ICT investing in Canada. Canadian ICT companies received the majority (71%) of total venture capital dollars invested ($2.5B over 375 deals) while life science companies received a fifth of the dollars invested ($696M over 105 deals). Almost a fifth (19%) of

I Stock 178845336
Data & Analysis

Mexico Diving In To Canada’s Hot Tech Market

VC

It has almost been a year since the United States triggered NAFTA renegotiations. The historic free trade agreement was officially implemented on Jan. 1, 1994 after almost two decades of negotiations and amendments. Since 1994, Canadians have enjoyed a wider-selection of goods, increased trade volume, increased foreign direct investment and the development of new jobs.

I Stock 693037296
Data & Analysis

Enerkem: Behind The Deal With Cycle Capital Management

VC

On Feb. 6, 2018, Montreal-headquartered Enerkem announced it had secured CAD $280M in its largest investment round to date. The syndicate included existing investors Cycle Capital Management, Rho Ventures, Braemar Energy Ventures, Waste Management of Canada, Investissement Québec, Fonds de solidarité FTQ, Fondaction, The Westly Group, and the National Bank of Canada. The latest round

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Data & Analysis

Dialogue: Behind The Deal With White Star Capital

VC

On Feb. 13, 2018, Montreal-based Dialogue announced it had secured CAD $12M in Series A funding. The round was led by White Star Capital and included participation from CVCA members National Bank and Portag3 Ventures as well as HV Holtzbrinck Ventures and Walter Financial. Dialogue provides virtual health and telemedicine services to employers who are

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Data & Analysis

Mnubo: Behind The Deal With White Star Capital and McRock Capital

VC

(Photo: Mnubo’s Founders). On Jan. 30, Montreal-based Mnubo announced that it had raised $16.5 million in Series B financing. The round was led by HSB Group, part of Munich Re and included participation by its existing investors: White Star Capital and McRock Capital, as well as other value-added investors. Mnubo was founded in 2012 and

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Data & Analysis

BusBud: Behind The Deal With Plaza Ventures & iNovia Capital

VC

Photo (Credit) Daphné-Caron: BusBud Founders. On Jan. 30, 2018, Montreal-based BusBud announced it had secured CAD $14M in Series B funding. The round was led by iNovia Capital and included participation from a syndicate of new investors including Plaza Ventures, Teralys Capital, Real Ventures, as well as Claridge Investment Ltd. BudBud is an online marketplace

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Data & Analysis

Qingdao Haisi Cycle Fund: Behind The Fundraise With Cycle Capital Management

VC

On December 12, Montreal-based Cycle Capital Management announced the first closing of The Qingdao Haisi Cycle Fund a joint CAD $116M fund between Qingdao City Construction Investment Group and the firm. The fundraising process began in 2013 in collaboration between the Qingdao City Construction Investment Group and Cycle Capital Management which will target growth-stage industrial

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Data & Analysis

Energy Storage System: Behind The Deal With Pangaea Ventures

VC

On December 12, 2017, Portland, Oregon-based Energy Storage System (ESS) announced it had secured US $13 M in Series B funding. The round included original investors and CVCA members, Pangaea Ventures as well as Cycle Capital Management. Presidio Partners Investment Management, InfraPartners Management and BASF Venture Capital also participated in the deal. ESS is a developer of