Start Alberta’s Post

#VentureCapital investments into Canadian #tech #startups jumped 85% from Q1 to Q2 2024, according to the latest Canadian Venture Capital & Private Equity Association (CVCA) data. While that's worth celebrating, pre-seed and #seed funding #investment dropped by 64% and 45% in Q2 2024 compared to last year. What's causing this mixed bag of news for the Canadian #innovation ecosystem? Although new #capitalgains rules aren't helping matters when it comes to foreign #VCinvestment, there are other avenues of #funding businesses can leverage to fuel #growth in 2024. We break it all down in our latest blog: https://lnkd.in/ev5GKxw7 https://lnkd.in/ev5GKxw7

Exciting news from our partner InvestEngine, which has grown by an impressive 117.6% this year! 📈 In Q2, InvestEngine climbed into the top 10 investment platforms by asset growth, landing 8th out of 21, according to new data from Fundscape. 🎉 With a 53% rise in assets in Q2 alone, InvestEngine now manages £674m — adding £233.5m in just three months. 💥 We can’t wait to see what more Tom Winterton, Adam Lees, Veronica Borisova, Hamish Popplestone and the team will achieve in 2025 and beyond! 🤩 👉 Read more about InvestEngine’s growth: https://lnkd.in/exehk87f #fintech #investing #startups #growth #techrecruitment #assetmanagement #investments #celebratesuccess #finance #HR #talent #techtalent #startuprecruitment

#fundingalert 💼Company: Plum 💰Funding: €19 Million ⚡Round: Series B 👥Investors: Strategic partner Eurobank, iGrow Venture Partners, Previous investors including VentureFriends and Ventura Capital. Plum does not offer investing advice. As a private investor, you should decide for yourself or get guidance from a qualified third party. Investment values might rise and fall, and you might end up with a lower return than you started with or lose all of your initial investment. Victor Trokoudes, Anastasios Economou, Rachel Gibson, Joey Li, Konstantinos Athanasiou, CFA Read more - https://lnkd.in/gDA9h2nw To share your startup story write us on - [email protected] #Plum #Investment #Smartmoneyapp #news #startup #funding #investors #fundraising

First the bad news: 2023 was a challenging one for Canadian entrepreneurs raising funds, with much capital being recycled, a dearth of IPOs, and later-stage rounds being down by 47%. However, the good news is Venture Capital insights from RBCx show 2023 was a record year for pre-seed investments, with 128 deals, up 22% YOY. Caveat: dollars remained constant, however 2022 was so frothy that a return to the mean would have been reasonable. An outlier continues to be of Cleantech: a record 75 deals in 2023 totaled $1.1B. While the number of deals grew 53% YOY, the aggregate dollar amount was essentially flat. Current trends: for the first few months of 2024, SAFEs appear to be a fallback to down rounds, and Q1 fund-raising has been concentrated with repeat GPs. We’re also seeing an uptick in priced rounds using common and preferred shares for seed stage and Series A companies with viable paths to profitability. Based on previously-announced raises by the climate-focused funds below, more capital could be deployed to cleantech in the months ahead: - ArcTern Ventures raised $335M USD for an oversubscribed Fund III in January 2024, - Evok Innovations closed $269M USD for its oversubscribed Fund II, in December 2023, and - THE INLANDSIS FUND raised $130M CAD for its oversubscribed Fund II, in December 2023. #venturecapital #cleantech #seriesafunding #techfinance #seedcapital RBCx

Check out our 2024 deal study covering Venture Financings that occurred in 2023. While 2023 was a challenging year, founders and companies continue to adapt and forge ahead. Thank you to the Torys LLP team for all the hardwork that went into getting this study out. Mohammed Muraj, Tyler Cassack, Max Schwartz-Labell, Rivannah Brown, Eileen McMahon, Dustin Paterson, A. S. A. Bari, Isaac Papsin, Rufaida Hashmi, Adam Sussman, Nicole Beausoleil, Mitchell Hayes, Mackenzie Birchard, Amy Stevenson, Janelle Weed and many others! #resilience #startups #VCmarket

With the resilient Canadian #VCmarket showing signs of stabilization, what can #startups and #investors expect for 2024?  Our latest Venture Financing Report provides year-over-year analysis and commentary on the current state of the startup-VC market, alongside forecasts from industry leaders on what’s next.  Read the report for our emerging companies and venture capital group: https://bit.ly/48JGA8U  Konata Lake | Mohammed Muraj | Tyler Cassack | Max Schwartz-Labell | Rivannah Brown

Canada’s #VC industry demonstrated both resilience and some cause for concern in recent quarters, while the country’s #PE market stayed hot. This is according to the Canadian Venture Capital & Private Equity Association (CVCA)’s latest market reports, which I unpacked the high-level details from here. #CDNtech

💰 Preparing for fundraising: investor due diligence, red flags, and error correction 👉 https://ain.social/3BAhbUk Investors are aware of numerous cases in which founders make unfortunate mistakes and, therefore, do not receive the money they want. AIN talked to professional investors and asked them to tell us how to check startups before investing, what can signal the failure of a future deal, and how founders should prepare for fundraising. We spoke with Andrii Brodetskyi, investment analyst at Horizon Capital; Andrew Zinchuk, co-founder of ZAS Ventures; Evelina Holovanova, Ukrainian Startup Fund coordinator; Bohdan Svyrydov, investment director at Horizon Capital and u.ventures, and Daria Yaniieva, PhD, investment director at Sigma Software Labs. #startups #duediligence #redflags #investors #investments #VC #marketfit #fundraising #mvp #funding

The Baltic region’s VC market has begun showing signs of recovery with an increase in the number and value of VC deals in the second quarter of 2024. #balticstartups #vc #venturecapital #funding #investments #data

There are #LimitlessOpportunities in Calgary and Alberta's tech industry.🚀 Alberta companies raised a total of $707 million across 86 deals in 2023. Learn more in BetaKit ➤ https://lnkd.in/gu55HkC6. In 2023, Calgary attracted 74 per cent of Alberta’s venture capital deals, with $501 million invested through 64 deals according to the Canadian Venture Capital & Private Equity Association (CVCA). Learn more about Calgary's thriving tech and innovation scene ➤ https://lnkd.in/euPMcHBh. Calgary Economic Development | Brad Parry | Chelsea Hallick | Platform Calgary