# VenGrowth Asset Management: portfolio, investments and team

> VenGrowth Asset Management is a vc firm. 15 investments on record, latest Mar 2008. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/vengrowth-asset-management (Millionrounds; every figure on the page links to its filing or article)

[Investor](https://millionrounds.com/investors)

# VenGrowth Asset Management

Last cheque observed Mar 2008. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Series C Venture Series A

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 15 on record

Since the last cheque **6803** days **00** hrs **00** min **00** sec

Median round **$8.5M** Rounds led **0 of 15** Sole investor **4 rounds** Exits **5 from the portfolio** Mostly in **Canada, 80%**

Pitch VenGrowth Asset Management

## VenGrowth Asset Management highlights

- 01 15 rounds on record
- 02 Mostly Series C and Venture: 67% of its rounds
- 03 Sole investor in 4 rounds, median $4.2M
- 04 5 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **15 appearances**

- **2008** 1 round
- **Mar** **[OnCorp Direct](https://millionrounds.com/company/oncorp-direct)** Venture · CA **$6.8M** Sole investor
- **2007** 3 rounds
- **May** **[SiGe Semiconductor](https://millionrounds.com/company/sige-semiconductor)** Venture · CA · sige.com **$20M** With 7 others
- **Jan** **[Cytochroma](https://millionrounds.com/company/cytochroma)** Series C · US **$18M** With 2 others
- **Jan** **[Starburst Coin Machines](https://millionrounds.com/company/starburst-coin-machines)** Venture · CA **$6.0M** Sole investor
- **2006** 3 rounds
- **Oct** **[NewStep Networks](https://millionrounds.com/company/newstep-networks)** Series B · CA · connectedplanetonline.com **$7.0M** With 2 others
- **Feb** **[Neterion](https://millionrounds.com/company/neterion)** Series D · US **$6.5M** With 3 others
- **Jan** **[BTI Systems](https://millionrounds.com/company/bti-systems)** Series C · CA **$16M** With 6 others
- **2005** 8 rounds
- **Dec** **[Opalis Software](https://millionrounds.com/company/opalis-software)** Series C · CA · thewhir.com **$8.5M** With 2 others
- **Oct** **[BelAir Networks](https://millionrounds.com/company/belair-networks)** Series C · CA · belairnetworks.com **$20M** With 5 others
- **Jul** **[Potentia Semiconductor](https://millionrounds.com/company/potentia-semiconductor)** Series C · CA · powerpulse.net **$8.0M** With 2 others
- **May** **[Liquid Computing](https://millionrounds.com/company/liquid-computing)** Series A · CA **$14M** With 4 others
- **Apr** **[Nakina Systems](https://millionrounds.com/company/nakina-systems)** Series B · CA · nakinasystems.com **$10M** With 3 others
- **Mar** **[Axela](https://millionrounds.com/company/axela)** Series A · CA **$2.4M** Sole investor
- **Jan** **[DIATEM Networks](https://millionrounds.com/company/diatem-networks)** Venture · IE **$1.0M** Sole investor
- **Jan** **[SiGe Semiconductor](https://millionrounds.com/company/sige-semiconductor)** Venture · CA **$8.5M** With 8 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **2** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## Exits from the portfolio

Companies it backed that were later bought or listed **5 in all**

**[Cytochroma](https://millionrounds.com/company/cytochroma)** Bought by [OPKO Health](https://millionrounds.com/fund/opko-health) **Undisclosed** Jan 2013

**[BelAir Networks](https://millionrounds.com/company/belair-networks)** Bought by [Ericsson](https://millionrounds.com/fund/ericsson-ventures) **Undisclosed** Apr 2012

**[SiGe Semiconductor](https://millionrounds.com/company/sige-semiconductor)** Bought by Skyworks Solutions **$275M** May 2011

**[Neterion](https://millionrounds.com/company/neterion)** Bought by EXAR **Undisclosed** Feb 2010

**[Opalis Software](https://millionrounds.com/company/opalis-software)** Bought by [Microsoft](https://millionrounds.com/fund/microsoft) **Undisclosed** Dec 2009

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Series C Venture Series A

Median round joined **$8.5M** the round, not its cheque Alone, median **$4.2M**

Led 0 of 15 rounds **0%**

- **Sole investor:** 4 rounds
- **Last cheque:** Mar 2008
- **Exits:** 5 from the portfolio

Rounds by stage said on their site

- Series C *5*
- Venture *5*
- Series A *2*
- Series B *2*
- Series D *1*

Cheques by year Led Joined

2005 2008

Often in the room with

- [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) 6
- [3i Group](https://millionrounds.com/fund/3i-group) 2
- [Export Development Canada](https://millionrounds.com/fund/export-development-canada) 2
- [GrowthWorks](https://millionrounds.com/fund/growthworks) 2
- [Kodiak Venture Partners](https://millionrounds.com/fund/kodiak-venture-partners) 2
- [Prism Venture Partners](https://millionrounds.com/fund/prism-venture-partners) 2

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## Who they invest alongside

The investors most often in the same rounds as VenGrowth Asset Management. A count of rooms they were both in, not a relationship either has claimed.

[**BDC Capital** VC firm **6** rounds together](https://millionrounds.com/fund/bdc-venture-capital)[**3i Group** Private equity **2** rounds together](https://millionrounds.com/fund/3i-group)[**Export Development Canada** Government **2** rounds together](https://millionrounds.com/fund/export-development-canada)[**GrowthWorks** VC firm **2** rounds together](https://millionrounds.com/fund/growthworks)[**Kodiak Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/kodiak-venture-partners)[**Prism Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/prism-venture-partners)[**RWI Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/rwi-ventures)[**TD Capital** Investment firm **2** rounds together](https://millionrounds.com/fund/td-capital)

## Quick answers about VenGrowth Asset Management

### What does VenGrowth Asset Management invest in?

VenGrowth Asset Management invests most often at Series C and Venture (67% of the rounds on record).

### How active is VenGrowth Asset Management?

15 investments on record, 0 of them in the last 12 months. The most recent was in Mar 2008.

### How big are VenGrowth Asset Management's cheques?

The median round it joins is $8.5M.

### Does VenGrowth Asset Management lead rounds?

Rarely, if at all: none of its 15 investments on record names it as the lead.

### Where does VenGrowth Asset Management invest?

Most of the companies it backs are in Canada (80%), the United States (13%) and Ireland (7%).

### Is VenGrowth Asset Management investing now?

No investments in the last 12 months; the latest was in Mar 2008.

### Who does VenGrowth Asset Management invest alongside?

Most often BDC Capital (6 rounds together), 3i Group (2 rounds together) and Export Development Canada (2 rounds together).

### What kind of investor is VenGrowth Asset Management?

VenGrowth Asset Management is a VC firm.

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