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726 articles

Luge Capital · Oct 22, 2019

Luge Capital Grows to $85M, Adding iA Financial Group and BDC Capital as New Investors

Funding

Fintech and AI Focused Venture Capital Fund Invests in Startups that Transform the Financial Services Sector Montreal & Toronto, October 22, 2019 – Luge Capital announced that iA Financial Group and BDC Capital have invested in the fintech-focused venture capital (VC) fund, bringing the total size to $85 million. Luge Capital works with early-stage companies and a network of leading financial i…

Luge Capital · Oct 17, 2019

Cybercrime Fintech, Flare Systems, Raises $1M, Led by Luge Capital

Funding

Flare Systems Enables Financial Institutions to Protect Themselves from Financial Crimes Before They Happen Montreal, October 17, 2019 – Flare Systems has closed a $1 million seed round led by Luge Capital, with White Star Capital participating in the round. The investment enables Flare Systems to expand its roll-out in Canada and the USA, and further develop a complementary suite of products t…

Luge Capital · Oct 16, 2019

Opinion: IPO-destined tech companies need to go back to first principles (The Globe and Mail)

Funding

Oct. 11, 2019 /The Globe and Mail/ – The public-market landscape for the new cohort of tech companies seems to be crumbling more and more every day. WeWork Co. Inc., Peloton, Uber Technologies Inc. and Lyft Inc. are not experiencing the elation of their initial public offerings that the founders dreamed about when they first started those businesses. WeWork, especially, has seen its business er…

Luge Capital · Sep 3, 2019

Fintech Impact Podcast: Luge Capital with Ramin Wright

Funding

Sept. 3, 2019 /Fintech Impact/ – In this 85th episode of Fintech Impact, Jason Pereira, award-winning financial planner, university lecturer, writer, and host interviews Ramin Wright, Investment Analyst at Luge Capital. Luge Capital is a Canadian venture capital fund that focuses on early-stage fintech companies and artificial intelligence solutions applied to financial services. Ramin talks ab…

Luge Capital · Aug 7, 2019

Owl.co Raises $2.6 Million CAD for Encrypted Data Collection Platform

Funding

August 2, 2019 /BetaKit/ – Owl.co, a software company that helps banks and insurers collect and encrypt customer data, has raised its first round of funding, securing $2.6 million CAD. The seed round was led by two FinTech-focused firms, Luge Capital and Impression Ventures, and saw participation from San Francisco-based Sway Ventures, Inovia Capital, Plug and Play, and Builders VC, a US-based …

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