The Short Report – November 23, 2022: $1.2 billion for Oceans Protection Plan projects; Ontario’s AI sector growing; Attabotics raises US$71 million; feds failing on cybersecurity risks; and more
Organization: Teralys Capital
The Short Report – November 2, 2022: National Women’s Health Research Initiative; Ted Rogers Centre for Health Research receives $90 million; Canadian VC funding declines; Gairdner Awards; and more
The Short Report – November 2, 2022: National Women’s Health Research Initiative launched; Ted Rogers Centre for Health Research receives $90 million; VC funding declines across Canadian ecosystems; Gairdner Award winners feted; and more
The Short Report – August 4, 2021: Ottawa’s new biomanufacturing and life sciences strategy, a national startup job board, rural transit solutions, and more
Ottawa prepares for future pandemics with launch of life science strategy, CellCAN and CCRM launch a new cell and gene therapy institute to tackle gaps in training, a new fund dedicated to developing transit solutions for rural and remote communities, and more.
The Short Report – July 28, 2021: Genomic projects boost environmental resilience, backing innovation at Canada’s colleges, and more
Ottawa and partners commit $60 million to natural resources and environmental genomics projects, applied research funding at Canadian colleges gets a boost, and more.
The Short Report – May 19, 2021: Ottawa injects $200 million into domestic vaccine manufacturing capacity, CAN Health Network project extended, nuclear leaders prepare CANDU reactors for decommissioning, and more
Resilience Biotechnologies receives significant funding to produce made-in-Canada vaccines, Ottawa extends the CAN Health Network project in Ontario by one year with a $3.25-million investment, Canada’s nuclear leaders collaborate on the decommissioning process, and more.
The Short Report – May 12, 2021: Canada invests $80 million in cyber security, a Canadian-German clean tech collaboration, the third Arctic ministerial, and more
Ottawa invests $80 million to position Canada as a cyber security leader, German and Canadian institutes partner on material acceleration centre, the third Arctic Science Ministerial promotes Arctic science collaboration and Indigenous research priorities, and more.
Feds name first set of VCCI investments
The federal government is backing five large venture capital (VC) fund of funds (FoF) to boost the much-needed late-stage capital available to Canadian tech firms.
Celtic House launches media communications fund
Celtic House Venture Partners has closed a $105-million fund that will invest in promising early-stage media communications technology (MCT). This is the fourth fund launched by Celtic House, which currently manages three other funds with $425 million in assets. Fund IV is backed by the Ontario Venture Fund, Teralys Capital, Export Development Canada and BDC…
TVM Capital closes $150-million life sciences fund
TVM Capital has closed a $150-million venture fund focused on early-stage drug development and life sciences firms. Investment in TVM Life Science Ventures VII is led by Teralys Capital with $65 million. Other investors in the Montreal-based fund include Eli Lilly & Co, BDC Venture Capital, Fondaction and Advantus Capital Management, a subsidiary of the…
Quebec government invests $50 million in clean tech VC
The Quebec government has invested $50 million in the privately run Cycle Capital Management (CCM) venture capital fund aimed at clean tech, with the potential for another $25 million if the fund can secure enough matching industry funding. The fund — Cycle Capital Fund III — targets companies at the commercialization stage that are looking…