Damien Steel is rejoining the venture capital industry after leaving the top job at Montréal-based carbon capture startup Deep Sky earlier this year. Steel, who was managing partner of Canadian pension giant OMERS Ventures before he joined Deep Sky in 2023, announced in a LinkedIn post that he will join Toronto-based Whitecap Venture Partners in…
Montréal-based Stingray Group is set to acquire fellow music and media technology company TuneIn Holdings for up to $175 million USD ($245 million CAD). “This aligns perfectly with our strategy to meet listeners wherever they are – at home, in the car, or at retail locations.” Stingray expects acquiring the San Francisco-based company to “significantly…
Vancouver-based Vistara Growth has closed its fifth private credit fund at $321 million USD ($450 million CAD), ending a nearly two-year fundraising process and freeing up the firm to focus its efforts exclusively on backing mid- and later-stage tech companies. While Vistara fell shy of its initial, “pretty ambitious” $386-million USD ($540-million CAD) target, the…
