iNovia Capital raised US $200M for iNovia Investment Fund 2018, US $400M for inaugural growth fund, iNovia Growth Fund. Caisse de dépôt et placement du Québec (CDPQ) committed US $100M to two funds
Cycle Capital Management (CCM) held $109M initial close for CCM Capital IV from (IQ), Teralys Capital, Fonds de solidarité, Fondaction, Suez, Hydro-Québec, Innergex, McConnell Foundation, Rio Tinto, Vancity, Trottier Family, private investors
Crown Capital Partner Funding secured $25 million senior secured revolving credit facility with Alberta Treasury Branches (ATB).
Framework Venture Partners launched inaugural fund, with target of $150M, with commitments from BDC Capital, Cadillac Fairview, Royal Bank of Canada, and BC Tech Fund.
Difference Capital invested $2.1M in Wekerloo Development Inc., a company controlled by Michael Wekerle and the parent company of Waterloo Innovation Network Group of Companies (WIN).
Anges Québec Capital appointed Geneviève Morin, former Chief Investment Officer of Fondaction, its new CEO, replacing François Gilbert
“Can Canada build such a national project when it is having such difficulty getting national projects for the 20th century economy off the ground, out of the ground and out to market?”