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Eolectric and Fiera Axium Infrastructure Launch Eolectric Club Wind Farm Fund

Eolectric Inc. and Fiera Axium Infrastructure Inc. have launched a new investment fund, Eolectric Club, L.P. to invest in wind farm projects throughout Canada. Financial details were not disclosed. Eolectric... 

May 11, 2012

CRCD to Commence 2012 Fundraising

Capital régional et coopératif Desjardins (CRCD) said it will commence its 2012 share issue, capped at $150 million, on May 28, 2012 through the Desjardins caisse network in Québec. Capital régional... 

May 9, 2012

OBI and OCE Launch Neuroscience Entrepreneurs Program

The Ontario Brain Institute (OBI) and the Ontario Centres of Excellence (OCE) has new entrepreneurship fellowships providing funding to neuroscience-based businesses. The OBI Entrepreneurs Program will... 

May 7, 2012

MaRS Launches JOLT, Canada’s Newest Startup Accelerator

MaRS has launched JOLT, a new technology accelerator, joining ever increasing pool of startup Accelerators that now include JOLT, GrowLab in Vancouver, Extreme Startups in Toronto, FounderFuel in Montreal,... 

April 24, 2012

BDC Venture Capital Partners with FounderFuel

BDC Venture Capital said it has partnered with Montreal accelerator program, FounderFuel. BDC has allocated up to $6 million over two years for the graduates of FounderFuel. FounderFuel’s graduates will... 

April 24, 2012

Communitech Launches $30 Million HYPERDRIVE Initiative

Communitech has launched HYPERDRIVE program that will provide capital of up to $700,000 for high-potential companies – with a  $30 million program to draw on. Modelled after YCombinator in Silicon... 

April 10, 2012

TriNorth Capital Enters into Difference Capital Transaction, Roger Dent Transaction Off Again

TriNorth Capital Inc. (TSX-V: TRT) has entered into a binding letter of intent (LOI) with Difference Capital Inc. under which Difference Capital will acquire a 49.9% stake in TriNorth Capital for approximately... 

April 5, 2012

MaRS Cleantech Fund Launched

MaRS has launched “Canada’s first” dedicated early-stage cleantech venture fund, MaRS Cleantech Fund LP, with a first closing of $30 million from private investors including lead investor, Greg Kiessling,... 

March 26, 2012

Merck and Teralys Capital Back New Lumira Capital Funds

Teralys Capital and Merck have committed $75 million to two new Lumira Capital life sciences funds. Merck Lumira Biosciences Fund, with an initial closing of $43 million and a target closing of $50 million,... 

March 26, 2012

Persistence Capital Partners to Initiate Changes to Warnex

Persistence Capital Partners LP (PCP) said it has converted $725,000 in principal under the amended and restated convertible debenture issued to it on August 18, 2011 by Warnex Inc. (TSX: WNX) into 46,178,344... 

March 20, 2012

Investissement Québec Led Quebec VC Consortium Acquires GFI Solutions

A venture capital consortium along with management has acquired GFI Informatique S.A.’s 62.4% control stake in Groupe GFI Solutions for $75 million. The consortium includes Investissement Québec,... 

March 9, 2012

WOF Exits Radiant Communications at Loss

Working Opportunity Fund (EVCC) Ltd. (WOF) has sold an aggregate of 2,039,462 common shares of Radiant Communications Corp. (TSX-V: RCN), being its entire holding in Radiant Communications, at a price... 

March 9, 2012

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