$119M available for Vancouver companies

Don't miss three big VC announcements for early-stage businesses in Western Canada.

FASKEN

👋 You know how everyone in Vancouver tech gripes about the lack of early-stage funding for businesses? This week held a bumper set of announcements to cure that complaint. Vancouver’s Weave VC announced the close of a $6M fund for Western Canadian startups (and it’ll start deploying that money right now), the city’s Top Down Ventures has more than $13M to give to growing SaaS companies, and Brightspark Ventures closed $100M and appointed a new partner in Vancouver. Pretty cool.

Oh, and don’t miss the winners of this year’s Technology Impact Awards — which was one of 12 events happening in the ecosystem last week (including one of our own). We are ready for a nap.

Now onto today’s briefing. It’s 1,244 words: a three-minute read.

-Kate Wilson, managing editor

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