Keyword: Venture capital

220 results found

The total number of deals rose by 7% while total investments dropped by 0.3% in Canada while, globally, total deals dropped by 10% and total dollars invested dropped by 23%

  • By: IE Staff
  • January 25, 2017 January 25, 2017
  • 17:00
New Diagram VC fund focused on building up Canada’s fintech sector

Portag3 Ventures LP, another VC fund, is one of the backers in the project and Paul Desmarais III of Power Financial serves as both VC funds’ chairman

Thanks to the program’s success, the VC industry is calling on the federal government to include a second VCAP program in the 2017 federal budget

However, overall, global VC activity was challenged in 2016 with the number of deals declining by 24% funding decreasing by more than 9% year-over-year

However, 2016 has been relatively slow for private equity given the “high relative valuations in the current environment”

Portag3 Ventures has three large financial services firms backing it that want to get in on the ground floor of fintech's growth

Canadian venture capital investments ramp up in 2016

A total of $2.5 billion was raised for 446 deals in Canada’s VC market in the first nine months of the year, the best in dollar terms since 2001 and in number of deals since 2005

Toronto-based firm will open an office in Vancouver

But the decline should not be concerning to investors or startups because funding levels for VC in 2015 were “irrationally high,” says Anand Sanwal, CEO of CB Insights

New research found that reducing regulatory requirements for small firms also reduces market quality