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...
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...
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...
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,...
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...
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...
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...
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,...
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,...
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...
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,...
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...