Today, Alberta Enterprise announced a second early-stage fund called Accelerate Fund II with a $10 million investment. This Fund will focus on providing startup capital to Alberta-based companies concentrated in the sectors of information and communication technology, clean and energy technology, life sciences, as well as agriculture and biotech. Yaletown Partners will… Read More
Vancouver, BC – November 16, 2016: Yaletown Partners, the first and largest investor in Bit Stew Systems, was rewarded for its emerging growth investment into Canada’s Industrial Internet of Things future when Bit Stew Systems announced yesterday that the company has been acquired by GE Digital (NYSE: GE). “We congratulate… Read More
Excerpt from Vancouver Sun – The architects of B.C. Hydro’s Grid Director smart meter analytics platform already have 100 employees, a figure that is expected to grow as Bit Stew gains access to GE Digital’s global industrial customer base. The deal is worth $207.5 million, according… Read More
Excerpt from Globe and Mail – One of Canada’s most promising startups in the emerging industrial-Internet-of-things (IIoT) space, Vancouver-based Bit Stew Systems Inc., has been purchased by General Electric Co. in a deal to be announced Tuesday that is valued at $153-million (U.S.). It’s one of the… Read More
Excerpt from PE Hub – Bit Stew Systems Inc, a Vancouver data integration platform for the industrial internet, has been acquired by GE Digital. GE was previously a strategic investor in Bit Stew, leading its US$17.2 million Series B financing in May 2015. The company’s data intelligence capabilities will be combined with Predix,… Read More
Yaletown Partners, the first and largest investor in Bit Stew Systems, wishes to congratulate Kevin Collins CEO and Founder and Alex Clark, Chief Software Architect and Founder and the entire Bit Stew team on their acquisition by GE Digital. “The Bit Stew team has worked tenaciously to establish itself… Read More
Yaletown Partners latest research: Intelligent Industry: Canada’s Bet on Cleantech’s Future – explores how the early promise of cleantech will be delivered through the next generation of technology underway. In this next phase of Cleantech 2.0, Canada is poised to become a global leader. Read More
Differing maturity of Canada’s technology ecosystems drives a variety of regional capital needs. Vancouver, Toronto and Montreal rank among the top 20 startup ecosystems in the world, matching Europe and ranking Canada second only to the United States. While Canada’s technology ecosystems of British Columbia, Ontario and Quebec demonstrate fairly… Read More
Salil Munjal, General Partner at Yaletown, will join panelists from OMERS Ventures, 1955 Capital and Caisse de dépôt et placement du Québec on the Investing in Innovation panel, at the OPTrust Global Pension Leadership Summit. The panel taking place November 14 2-3pm EST will… Read More
A typical innovation company has three capital phases – startup, growth and maturity – and successful companies will move through each of those stages as it evolves. The mission of the 12-member Advancing Innovation Roundtable is to deliver actionable recommendations on how to increase access to scale up capital for… Read More