Industry Ventures

🚀 Exciting News! 🎉 We’ve raised $50M in a Series D round led by Altos Ventures, with participation from Industry Ventures, BMO Capital Partners, FJ Labs, and Flight Deck Capital. With this investment, we’re furthering our mission to provide Canadians with the most seamless and transparent car buying and selling experience. We’ve grown 4x in the last three years, demonstrated profitability in 2024, and are just getting started. Read more about what this means for Clutch and what’s next in this post from Clutch CEO Dan Park 👉 bit.ly/clutch-series-D Let’s Go Canada! 🇨🇦 Dillon Krasnigor Anthony Lee Brian Langner Adam Figura Andrew Hockin Thomas Rethazi, CFA Samuel Olubowale FCA,FMVA®,mMBA Jay Kahn Jeff Weinstein Laura Chau Anshul Ruparell Stephen Seibel Scott Dougan Anne French Ryan Crooks Richard Schneider Daniel Chitayat, CFA Maggie Mo, CPA, CA Dan Park Konata Lake Natalie Miller Tyler Cassack #buildcanada #canadiantech #torontotech #startups #autotech

We are thrilled to share the close of our second fund, “V2”, at $55.75 million! In V2 we intend to continue partnering with exceptional pre-seed and seed healthcare founders as an additive lead or co-lead partner. Our check sizes will range from $1 million to 2 million across 25 companies over the next three years. At Virtue we partner with founders in their earliest financing rounds to tackle the real, intractable problems that continue to hinder the broader healthcare ecosystem. We are honored to have the unwavering support of our best-in-class Limited Partners – and specifically our anchor Cendana Capital – for allowing us to deepen our commitment to the next generation of healthcare founders. In the last three years, Virtue’s Fund I portfolio companies – such as SmarterDx, Evvy, Mural Health, ANNA (Allied Network for Neurodevelopmental Advancement), among others – have collectively raised over $225 million, reaching a combined valuation of over $1 billion. A huge thank you to our V1 founders who said "yes" to us as were getting off the ground: Priyanka, Laine and Pita, Erik and Mariza, Stas and Sonia, Michael and Josh, Xing and Yang, Samuel, Brian, Aaron and Jorge (Coco), Shubh and John, Shaju and Deepak, Jamo and Michael, Gerald, Simon, Aris and Yiwen, Hari and Matt, Aimun, Jon and Ian, Sadiqa, Judah and Brian, Olivier and Saad, and several more! Read more here: https://lnkd.in/g6F5tcqb  

Industry Ventures dives deep into the evolving secondary market for venture capital, forecasting a global secondary transaction TAM of over $120B for 2025. The analysis highlights key trends, including tighter bid-ask spreads and recovery post-2023 driven by advancements like generative AI and increasing LP demands for liquidity. Insights from Hans Swildens, CEO and Founder, and Eddie Meyercord, Vice President, add depth to this market outlook. Hans Swildens and Eddie Meyercord | Industry Ventures https://lnkd.in/epRfRcHq #Venture #VentureCapital #VC

The M12 team is thrilled to support d-Matrix as they tackle one of the most pressing challenges in #AI: delivering fast, energy-efficient LLM inference for real-world applications. Their innovative in-memory compute architecture is a game-changer, enabling businesses to deploy AI at scale while minimizing energy costs and latency. As AI adoption accelerates, solutions like d-Matrix’s platform are critical for unlocking the potential of LLMs in industries ranging from #healthcare to #finance and beyond. We’re excited to see how the d-Matrix team continues to redefine what’s possible in edge AI computing. 🔗 Read more in EE Times | Electronic Engineering Times: https://lnkd.in/gXM87rF7