Golden Ventures to boost the Canadian tech scene with its $100M Fund V

Golden Ventures, a venture capital based in Canada, has just sealed a deal, clinching over $100M in capital commitments for its fifth fund. This fund is poised to fuel a new generation of seed-stage founders who dare to innovate across a spectrum of technologies — from AI and climate tech to blockchain and even quantum computing.

• Years Innovation: Since its inception in 2011 by Matt Golden, Golden Ventures has evolved from a mobile-centric focus to a sector-agnostic powerhouse, with a tilt towards bolstering the Canadian tech scene. Alongside Matt Golden, figures like Ameet Shah and Nick Chen are steering this ship into new waters.

• Strategic Investments: With a portfolio of over 100 seed-stage companies, the firm has not only invested in groundbreaking ventures but has actively contributed to the ecosystem through talent investment, mentorship, and forging crucial connections. Some shining stars in its portfolio include Wattpad, SkipTheDishes, Brightwheel, Float, Xanadu, and Horizon.

• Anticipated Investments: The firm is gearing up to clinch around 30 core deals, signaling a vibrant future for tech innovation.

The support for Golden Ventures V is shared by a number of backers, both returning and new, including companies like BDC Capital, ECMC Group, Foundry, HarbourVest Partners, Kensington Capital Partners, Northleaf Capital Partners, RBC, Teralys Capital, University of Chicago and Vintage Investment Partners, and Deloitte Ventures underscoring the confidence in the firm's future endeavors.