November 2018 Edition
Fall is a time of harvest and this month we started to see the fruits of our labour.
We are proud to share that Pique Ventures was selected to receive investment in our second fund from the Government of Canada as part of the Venture Capital Catalyst Initiative ("VCCI"). Gender balance in the venture capital ecosystem is a significant priority in VCCI and Pique Ventures' strategy of investing in tech for good, with a gender lens is a great fit for the program.
And with the announcement of Canada's pledge towards building a $755 million social finance fund, it's been a big month for impact investing in Canada.
We are halfway towards our target of $11.5 million (CAD) for Pique Fund II. If you would like to learn more about Pique Fund II, our second venture fund that considerably scales the impact and outcomes we've achieved so far with our first fund, I invite you to contact me.
All the best,
Bonnie Foley-Wong
CEO, Pique Ventures
Author, Integrated Investing
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Bringing a Gender Lens to the VC Ecosystem
The Government of Canada will be investing in seven innovative firms as part of its Venture Capital Catalyst Initiative. “With their social impact investment thesis, and a major emphasis on female investors and founders, Pique Ventures is one of the most promising and differentiated stories of the seven recipients of VCCI investment.”
Read more
Via Pique Ventures
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FoodMesh, a Pique Fund portfolio company, is a business-to-business food exchange platform designed to match commercial surplus food with businesses and charities to reduce food waste. FoodMesh CEO, Jessica Regan spoke at the 2018 Zero Waste Conference in Vancouver.
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Canada Pledges to Build Social Finance Fund
The $755 million social finance fund was announced in the Canadian government’s 2018 Fall Economic Statement. “The complex social, economic and environmental challenges facing our country—homelessness, climate change, youth employment, and the opioid crisis—demand creativity and transformative solutions.”
Read more
Via Impact Alpha
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Joule Selects Careteam For Innovation Grant
Pique Fund portfolio company Careteam secures innovation grant to fund a platform that aims to improve system navigation, outcomes and satisfaction for patients, while reducing system costs. Careteam is addressing care fragmentation with a digital platform enhanced by artificial intelligence that connects patients, families and their team of health professionals.
Read more
Via Canada Newswire
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Integrated Investing Profiled in New Investor Magazine
Pique Ventures CEO, Bonnie Foley-Wong, talks about Integrated Investing and how emotions can positively impact investment decisions in Business in Vancouver's inaugural New Investor magazine (turn to page 14).
Image source: Darian Kovacs
Read more
Via Business in Vancouver
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Venture Capitalists with Daughters are More Successful
At the intersection of venture capital and gender lens investing: Paul Gompers and Sophie Wang at Harvard University found that venture capital firms "where a partner has an extra daughter rather than an extra son had a 2.9% higher chance that its deals would be a success (defined as an initial public offering or other profitable sale of a company the firm had backed). Such firms also have higher internal rates of return."
Read more
Via The Economist | Medium
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Upcoming Events
- Impact Investing Summit - December 6-7, 2018, London, UK
- Foundation, Endowment & NFP Investment Summit - January 30-31, 2019, Toronto, ON
- BC Tech Summit - March 11-13, 2019, Vancouver, BC
- RIA Conference - April 24-25, 2019, Montreal, PQ
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Follow @PiqueVC on Twitter, Pique Ventures on Instagram, or Like the Pique Ventures Facebook page to get more information about investing in Pique Fund and to hear about the upcoming events where you can meet us.
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