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VC Daily: Venture Capitalists Push Back Against Drug-Pricing Bill morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
Rise Gardens Raises $9M in Series A Funding finsmes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finsmes.com Daily Mail and Mail on Sunday newspapers.
David Dufresne to depart Panache Ventures David Dufresne has decided to step away from Montréal-based Panache Ventures, the early-stage venture firm he helped launch. Dufresne shared the news Tuesday with Panache’s portfolio companies, limited partners and co-investors. The founding partner noted that he has been transitioning over the last few weeks to a part-time venture partner role with Panache. “Those of you aware of Panache’s origin story will understand how hard it is for me to move on from the firm I helped conceive and launch.”
“With Panache Ventures we are in the last year of the investment period for the first fund,” said Dufresne. “As we started discussing a second fund, my partners and I have found ourselves diverging on the topics of strategy, investment decision process, fund operations, and team management for Fund II. So we have decided to pursue alternative directions.” ....
Today in funding: Ratesdotca, Damon Motorcycles, Forma.ai, Vegano Foods, Dispension, GenXys, DeFi Ventures Seven Canadian tech companies, Ratesdotca, Damon Motorcycles, Forma.ai, Vegano Foods, Dispension, GenXys, and DeFi Ventures have recently secured financing to fuel their growth. Here’s the latest on who raised money, how much, from whom, and what they plan to put the new funds toward. Ratesdotca secures $51 million in financing Toronto-based fintech company Ratesdotca, which offers an online platform for insurance and other financial products, has raised $51 million CAD in equity and debt financing. The round includes an additional equity investment from majority shareholder Ontario Teachers’ Pension Plan Board (OTPP), which acquired Ratesdotca in 2018. It also includes debt financing led by BMO Financial Group, through a syndicated facility with TD Bank Group. ....
ETtech Morning Dispatch on March 4, 2021: NUE world order Want this newsletter delievered to your inbox? SUBSCRIBE We ll soon meet in your inbox. / Morning Dispatch It seems like every company wants an NUE licence these days and with good reason. India is, after all, one of the biggest untapped digital payments markets in the world. Flipkart, Mastercard and PayU have now decided to buy a 30% stake in Ferbine, the consortium headed by Tata Group that wants to set up a rival to the National Payments Corporation of India. Ferbine in turn will face competition from the likes of Reliance and Amazon as these three biggies look to shape the future of digital payments in India. ....