Canada
Canada | September 8, 2021
Trio of climate funds launch ahead of fall climate summits
ImpactAlpha, September 8 – Climate action is in the air. Three new climate-focused funds debuted this week ahead of this month’s Climate Week …
Photo credit: Clearco
Canada | July 12, 2021
Clearco secures $215 million from SoftBank to finance online businesses
ImpactAlpha, July 12 – Andrew D’Souza and Michele Romanow launched Clearco (then Clearbanc) in 2015 to back e-commerce, mobile and software startups. The …
Canada | June 21, 2021
Spring Lane Capital invests $20 million in “EV as a service” in Canada
ImpactAlpha, June 21 – Vancouver-based 7 Generation Capital develops charging infrastructure and vehicle leasing projects to help commercial fleet operators transition to electric …
Photo credit: AdvancedAg, an Indigenous-owned water and agtech company in Alberta
Canada | April 20, 2021
Indigenous Growth Fund raises $150 million to back Native lenders in Canada
ImpactAlpha, April 20 – A new fund in Canada is aiming to impact marginalized Indigenous communities by channelling capital to Indigenous-owned financial institutions. The …
Canada | March 9, 2021
Canada’s Raven Indigenous Capital raises $25 million to bridge gaps for Indigenous founders
ImpactAlpha, March 9 — The more than 56,000 Indigenous-owned businesses in Canada contribute over $30 billion annually to the country’s GDP. More than …
Photo credit: Borrowell
Canada | February 23, 2021
Borrowell raises $25 million and acquires affordable credit provider Refresh Financial
ImpactAlpha, February 23 – Toronto-based Borrowell supports financial health for under-served Canadians through credit education, monitoring and coaching. It serves 1.5 million customers. The …
Canada | January 5, 2021
Ivanhoe Capital SPAC targets $200 million for sustainable mining and clean energy.
ImpactAlpha, January 5 – The hottest new sustainable investing trend is entering new territory: mining. Vancouver-based Ivanhoe Capital is, a new SPAC, or special …
Canada | July 13, 2020
Rally Assets to invest for impact in public and private markets
ImpactAlpha, July 13 – Toronto-based advisory firm Rally Assets launched the Rally Total Impact Fund to invest in both private and public impact …
2030 Finance | September 30, 2019
Renewal Funds closes third impact fund at $109 million
ImpactAlpha, September 30 – Vancouver-based impact investor Renewal Funds has been investing in environmental technology and sustainable consumer products since it launched its first …
Canada | September 17, 2019
Classcraft raises $7.5 million to gamify K-12 curricula
ImpactAlpha, Sept. 17 – Classrooms, meet Minecraft. Classcraft allows teachers to turn existing curriculum into gamified personalized quests. Investissement Québec led the Quebec and …
Canada | September 16, 2019
After light bulbs and plastic straws…toilet paper
ImpactAlpha, Sept. 16 – Another everyday staple is under scrutiny. “The Issue With Tissue” from environmental watchdog NRDC details the environmental and social harm …
Agrifood Tech | September 11, 2019
Terramera raises $45 million to reduce chemical use in agriculture
ImpactAlpha, Sept. 11 – Vancouver-based Terramera’s Series B was led by two ag-focused funders: new investor Ospraie Ag Science and returning investor Seed2Growth …
Canada | June 13, 2019
Small Canadian impact fund targets “economic reconciliation” for indigenous entrepreneurs
ImpactAlpha, June 13 – Canada’s indigenous communities face the same challenges as indigenous populations the world over, because of past injustices and persistent structural barriers. …
Canada | June 4, 2019
Canada pledges $300 million to Equality Fund for women’s advancement
ImpactAlpha, Jun. 4 – Roughly 2.8 billion women and girls live in countries that are outright failing or performing poorly on gender equality. That’s more …
Canada | May 28, 2019
StandUp raises C$18 million to invest in Canada’s women-led tech startups
ImpactAlpha, May 28 – Toronto-based StandUp Ventures launched in 2017 to help women in tech overcome bias in early-stage startup funding. The fund has raised …