M&A proceeds spiked in December thanks to Bristol-Myers' $2.1 billion acquisition of Cardioxyl, the largest acquisition of a venture-backed company in 2015
Information Venture Partners, a venture firm launched in 2014 by former RBC principals, has secured most of the $100 million target set for its second fund, as investors show a growing appetite for opportunities in North America’s financial technology sector. The Toronto-based firm raised an initial $72.5 million for Information Venture Partners II from a group of LPs led by HarbourVest Partners.
VCs seek sweet deals in Auto IT, including semi-autonomous driving technologies and other innovations
Fontinalis Venture Partners, the Detroit-based VC firm that Bill Ford, the great-grandson of Henry Ford, helped launch in 2009, is raising a $125 million second fund.
Emerging managers and international investments are responsible for an increasing number of distributions, according to a recent Cambridge Associates study
Owl ramps up, adding a principal to help invest its latest $100 million education investment fund
Top-performing funds in UTIMCO portfolio also included Union Square and Sofinnova, which distributed substantial capital
Last year's VC-backed M&A total was a little more than $20 billion, about equal the WhatsApp acquisition the year before
The Canadian Venture Capital & Private Equity Association (CVCA) and Thomson Reuters will publish their reports on Canadian venture capital market activity from 2015 in the coming weeks. PE Hub Canada has in the meantime compiled a list of the likely top 10 (disclosed) financings completed in the past year.
Lightspeed and Kik head up the list of top venture fundings for Canadian companies in 2015