Difficulty accessing capital and concerns about fund performance were the talk of the town among Canadian venture capitalists at Elevate’s recent CIX Summit in Toronto.| BetaKit
Already one of Canada’s highest-valued technology startups, Burnaby, BC-based legaltech company Clio claims its new Series F round makes it the most valuable cloud legaltech firm in the world.| BetaKit
After serving at the helm since January of 2019, CVCA CEO Kim Furlong has announced plans to step down this summer following the VC lobbying group’s upcoming annual event.| BetaKit
Trade tensions and economic uncertainty contributed to investor caution, CVCA says.| BetaKit
Industry leaders BetaKit spoke with at Startupfest expect more turnover and fundraising challenges across the board, especially for emerging fund managers.| BetaKit
Toronto and Montréal-based CMD Capital has halted fundraising and paused its operations indefinitely after failing to secure anchor institutional investors for its first VC fund, BetaKit has learned.| BetaKit
Investment bank’s Growth Venture Fund will now directly invest in Canadian tech companies.| BetaKit
