VCJ Staff

The firm raised $67m for its second fund, which was oversubscribed.

2048 Ventures has led an early-stage financing of PainWorth, an Edmonton-based insurance technology company, the US venture capital firm said in a blog post.

Provision Analytics, a Calgary-based software company that simplifies food safety audits and analytics, has raised $4.75 million (C$6 million) in financing.

Assent Compliance, an Ottawa-based provider of supply chain sustainability management solutions, has raised $350 million in financing.

Deal value exceeds $300bn and fundraising tops $100bn, according to the PitchBook-NVCA Venture Monitor.

Canadian venture capital firm Chrysalix Venture Capital has closed its Chrysalix RoboValley Fund, securing nearly $100 million.

The construction team promoted Kaustubh Pandya and Curtis Rodgers each to partner.

Sarah Wang was named a general partner on a16z's growth investing team.

Hydrostor, a Toronto-based provider of long-duration energy storage solutions, has secured a $250 million preferred equity financing from Goldman Sachs Asset Management.

LPs may be a private bunch, in comparison with the venture fund managers they back, but they have plenty of views to share on the state of venture capital, as can be seen in our latest LP Perspectives 2022 Study.