Ada Raises US$130M Series C Round at a US$1.2B Valuation

After raising a US$44 round about a year ago, our portfolio company Ada has just raised $130 million in Series C financing at a US$1.2 billion valuation. The round was led by Spark Capital, with participation from Tiger Global. Previous Ada investors Accel, Bessemer, FirstMark, Version One, and Burst also provided financing. The round brings…

Tealbook Raises C$18.2M as COVID-19 Boosts Demand for Supply Chain Solutions

Today TSFV portfolio company Tealbook announced that it has raised $18.2 million CAD ($14.4 million USD) in Series A financing as it looks to capitalize on pandemic-induced supply chain disruption. The round was led by RTP Global. New investors include Reciprocal Ventures and S&P Global, while follow-on investors include BDC Capital, Grand Ventures, Refinery Ventures,…

BenchSci Raises US$22M, Brings Total to US$45M, to Accelerate Drug Discovery Using AI

Earlier today TSFV portfolio company BenchSci announced that it raised US$22 million in Series B funding, bringing its total raised to US$45 million. F-Prime Capital, a private venture firm affiliated with Fidelity's founding Johnson family, led this latest funding round, with participation from Northleaf Capital Partners and existing investors, including Google’s Gradient Ventures, Inovia Capital,…

Drop Closes $58M Series B, Led By HOP Capital, Eyes On Accelerated Growth, Going Public

Today TSFV portfolio company Drop announces its C$58M Series B. The funding round was led by returning investor HOF Capital, with participation from fellow returning investors New Enterprise Associates (NEA), Sierra Ventures, and White Star Capital. Royal Bank of Canada also participated for the first time, as a strategic investor. The global loyalty is a…

Two Small Fish Ventures Announces First Close Of Fund II

Since leaving Wattpad, I have been investing my energy into Toronto’s tech ecosystem in order to help tech startups grow. In the past four years, I have evolved from a serial entrepreneur to an angel investor as I noticed that there is a gap in the venture capital ecosystem here in Canada. We have a…