Canada Technology

Canada Growth Fund commits up to $50 million to Longbow Capital’s second Energy Transition Fund

Commitment marks the 10th investment from the federal government’s clean energy investment fund to date. The Canada Growth Fund (CGF), the federal government’s clean energy investment fund, will commit up to $50 million CAD to Calgary-based private equity firm Longbow Capital for its second Energy Transition Fund. The commitment comes in addition to Longbow’s […]

Canada Technology

Benevity reports over $140 million donated through its platform this Giving Tuesday

Calgary company sees dip in total donations, but rise in volunteering compared to 2023. Calgary’s Benevity saw over $140 million donated to more than 56,000 nonprofits across 122 countries and territories through its platform on Giving Tuesday this Dec. 3. The corporate social impact software firm reported 148,000 individuals and 637 companies participated this […]

Canada Technology

Longbow Capital completes $150-million initial close of second Energy Transition Fund

Fund is targeting $250 million to invest in companies that help lower carbon emissions. Calgary-based private equity firm Longbow Capital looks to continue investing in emission-tackling companies after securing an initial close of $150 million for its second energy transition fund. Longbow’s first Energy Transition Fund reportedly raised a total of $181 million. The […]

Canada Technology

atVenu secures $130 million USD to fuel expansion into new live events markets

Sole investor Sixth Street Growth also participated in Clio’s $1.24-billion CAD Series F round earlier this year. Calgary and California-based live events e-commerce startup atVenu has closed $130 million USD ($178.6 million CAD) in equity financing from San Francisco-based Sixth Street Growth. Michael McGinn, partner and co-head of Sixth Street Growth, told Fortune the […]

Canada Technology

Benevity appoints MeridianLink president Christopher Maloof as CEO Kelly Schmitt steps down

The charitable donation software platform sought Maloof’s experience in strategic acquisitions and IPO. Calgary-based charitable donation management software firm Benevity has announced that Christopher Maloof will be replacing outgoing CEO Kelly Schmitt on Sept. 3. Maloof had been serving as an operating partner at prominent American software-focused private equity firm Thoma Bravo and was […]