Please confirm you are human
This browser or connection looks automated. Press and continuously hold the control for 3 seconds to enable Google-hosted web results and, when separately allowed, AI-assisted answers.
A successful check enables 100 search requests. Interactive access does not authorize scraping, systematic collection, or reuse of search output.
News
Skyfall AI wants to buy a small tech business and run it with AI
12+ hour, 35+ min ago (270+ words) The Logic Canada's Business and Tech Newsroom The San Francisco-based firm plans to spend up to US$1 million on an existing software-as-a-service firm to demonstrate its own technology. Skyfall AI has raised funding from the likes of Montreal’s Inovia Capital,…...
Sagard’s private credit fund raises US$1B
5+ day, 11+ hour ago (222+ words) The Logic Canada's Business and Tech Newsroom Power Corp.’s asset management arm ultimately wants to raise US$2 billion for its third credit fund, well above the US$1.17 billion it raised for the second fund in June 2022. The new fund…...
Saar Pikar leaves OMERS Ventures to join Kensington Capital as president
5+ day, 13+ hour ago (230+ words) The Logic Canada's Business and Tech Newsroom Pikar replaced Michael Yang as head of OMERS Ventures just a year ago, adding the venture capital role to his position as managing director of growth equity at the broader OMERS pension fund....
U of T and McMaster are anchoring a $40M life-sciences fund
1+ week, 5+ day ago (226+ words) The Logic Canada's Business and Tech Newsroom Toronto-based Genesys Capital will manage the VC fund, with the University of Toronto and McMaster University contributing up to $8 million and $5 million, respectively. The Ontario government will invest $10 million through Venture Ontario. RBC…...
Canadian corporate venture capital deal making slows, new report shows
3+ week, 10+ hour ago (266+ words) The Logic Canada's Business and Tech Newsroom The startup investment arms of major firms did 60 deals last year, down 20 per cent year over year, according to an analysis by Deloitte Ventures. Of those, 20 were Canadian companies, a 23 per cent annual…...
What happened when a VC firm let AI do almost everything
3+ week, 21+ hour ago (683+ words) Ripple Ventures built an AI system that allowed its four-person team to do the work of 100. Rival firms are taking note. At the end of each quarter, the team at Toronto-based Ripple Ventures would spend weeks gathering updates from dozens…...
Smaller VCs face $1.6B fundraising gap as capital gets stuck at the top
3+ week, 5+ day ago (331+ words) Five venture funds captured 80 per cent of all fundraising in Canada last year, according to RBCx data, making it harder for emerging managers and the startups they back to raise capital Canadian startups are finding it harder to raise money…...
Small firms are struggling to break into defence, new BDC report finds
1+ mon, 2+ day ago (303+ words) Companies interested in the defence sector face financing challenges, labour shortages and regulatory hurdles, even as Ottawa prepares to ramp up military spending Canada’s planned increase in defence spending is creating opportunities for small and medium-sized businesses, but many firms…...
Maneva raises US$27M for AI in manufacturing
1+ mon, 1+ week ago (248+ words) The Logic Canada's Business and Tech Newsroom U.S. Venture Partners led the Series A round, with participation from Bling Capital and Freestyle Capital. Maneva, registered in Toronto but headquartered in Palo Alto, Calif., will use the financing to further develop its…...
Biotech automation firm Scispot raises US$8M all-equity round
1+ mon, 2+ week ago (189+ words) The Logic Canada's Business and Tech Newsroom The Kitchener, Ont.-based company said Avenue Growth Partners led the Series A round, with small participation from Breakwater Ventures, an early investor. (The Logic) Talking point: Founded in 2020, Scispot’s technology helps labs…...