# VenGrowth: portfolio, investments and team > VenGrowth is an investment firm based in Canada. 29 investments on record, latest Jul 2008. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/vengrowth (Millionrounds; every figure on the page links to its filing or article) Canada · [Investor](https://millionrounds.com/investors) # VenGrowth Last cheque observed Jul 2008. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Quiet Investment firm Series A Series B Series C Venture Capital & Private Equity Cheques on record **0%** of best year **0** **cheques in 12 months**, 29 on record Since the last cheque **6662** days **00** hrs **00** min **00** sec Median round **$12M** Rounds led **0 of 29** Sole investor **2 rounds** Exits **9 from the portfolio** Mostly in **Canada, 62%** Pitch VenGrowth ## VenGrowth highlights - 01 29 rounds on record - 02 Mostly Series A and Series B: 52% of its rounds - 03 Sole investor in 2 rounds, median $5.2M - 04 9 exits from the portfolio ## What they do - **Type:** Investment firm (from a list, unverified) - **Cheque size:** Not stated - **Sectors:** Venture Capital & Private Equity - **Based in:** Canada - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **29 appearances** - **2008** 3 rounds - **Jul** **[Cytochroma](https://millionrounds.com/company/cytochroma)** Series C · US **$44M** With 7 others - **Jan** **[NewStep Networks](https://millionrounds.com/company/newstep-networks)** Series C · CA **$9.5M** With 2 others - **Jan** **[Kleer](https://millionrounds.com/company/kleer)** Series A · US · venturebeat.com **$30M** With 4 others - **2007** 5 rounds - **Dec** **[BelAir Networks](https://millionrounds.com/company/belair-networks)** Venture · CA **$18M** With 10 others - **Sept** **[BTI Systems](https://millionrounds.com/company/bti-systems)** Series D · US **$12M** With 5 others - **Feb** **[AppZero](https://millionrounds.com/company/appzero)** Series B · US · virtualization.info **$8.0M** With 2 others - **Feb** Series B · virtualization.info **$8.0M** With 2 others - **Feb** **[Trigence](https://millionrounds.com/company/trigence)** Series B · US **$8.0M** With 2 others - **2006** 5 rounds - **Nov** **[Aegera Therapeutics](https://millionrounds.com/company/aegera-therapeutics)** Series C · CA **$12M** With 5 others - **Nov** **[Liquid Computing](https://millionrounds.com/company/liquid-computing)** Series B · CA · liquidcomputing.com **$28M** With 5 others - **Oct** **[BelAir Networks](https://millionrounds.com/company/belair-networks)** Series D · CA · belairnetworks.com **$21M** With 7 others - **Mar** **[Galazar](https://millionrounds.com/company/galazar)** Series C · CA · opticalkeyhole.com **$6.6M** With 7 others - **Jan** **[Spotwave Wireless](https://millionrounds.com/company/spotwave-wireless)** Venture · CA · spotwave.com **$10M** With 6 others - **2005** 2 rounds - **Jun** **[Meriton Networks](https://millionrounds.com/company/meriton-networks)** Series C · CA · meriton.com **$54M** With 8 others - **Apr** **[SecuriCan General Insurance Company](https://millionrounds.com/company/securican-general-insurance-company)** Venture · CA **$6.2M** Sole investor - **2004** 4 rounds - **Dec** **[TenXc Wireless](https://millionrounds.com/company/tenxc-wireless)** Series A **$14M** With 3 others - **Oct** **[Zelos Therapeutics](https://millionrounds.com/company/zelos-therapeutics)** Series A · US **$5.5M** With 3 others - **Mar** **[Trigence](https://millionrounds.com/company/trigence)** Series A · US **$5.5M** With 1 other - **Feb** **[Kadmus Pharmaceuticals](https://millionrounds.com/company/kadmus-pharmaceuticals)** Series A · US **$15M** With 6 others - **2003** 6 rounds - **Oct** **[Critical Telecom](https://millionrounds.com/company/critical-telecom)** Venture · CA **$14M** With 3 others - **Jul** **[LymphoSign](https://millionrounds.com/company/lymphosign)** Series A · CA **$5.9M** With 1 other - **Apr** **[Bistro Corp](https://millionrounds.com/company/bistro-corp)** Venture · CA **$5.0M** With 1 other - **Mar** **[NewStep Networks](https://millionrounds.com/company/newstep-networks)** Series A · CA **$15M** With 3 others - **Feb** **[Wysdom](https://millionrounds.com/company/wysdom)** Series C · CA **$5.1M** With 1 other - **Jan** **[Neterion](https://millionrounds.com/company/neterion)** Series B · US **$18M** With 2 others - **2002** 1 round - **Dec** **[Cytochroma](https://millionrounds.com/company/cytochroma)** Series B · US **$4.2M** Sole investor - **2001** 2 rounds - **Sept** **[Espial Group](https://millionrounds.com/company/espial-group)** Venture · CA **$11M** With 2 others - **Aug** **[IceFyre Semiconductor](https://millionrounds.com/company/icefyre-semiconductor)** Series A **$12M** With 2 others - **1999** 1 round - **Jan** **[Bridgewater Systems](https://millionrounds.com/company/bridgewater-systems)** Series A · CA **Undisclosed** With 3 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. ## Exits from the portfolio Companies it backed that were later bought or listed **9 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 **[Bridgewater Systems](https://millionrounds.com/company/bridgewater-systems)** Bought by [Amdocs](https://millionrounds.com/fund/amdocs-ventures) **Undisclosed** Jun 2011 **[Kleer](https://millionrounds.com/company/kleer)** Bought by SMSC **$7.5M** Feb 2010 **[Neterion](https://millionrounds.com/company/neterion)** Bought by EXAR **Undisclosed** Feb 2010 **[Galazar](https://millionrounds.com/company/galazar)** Bought by EXAR **Undisclosed** Jun 2009 **[Trigence](https://millionrounds.com/company/trigence)** Bought by AppZero **Undisclosed** Jan 2009 **[Meriton Networks](https://millionrounds.com/company/meriton-networks)** Bought by Xtera Communications **Undisclosed** May 2008 **[LymphoSign](https://millionrounds.com/company/lymphosign)** Bought by Aegera Therapeutics **Undisclosed** Aug 2007 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Series A Series B Series C Median round joined **$12M** the round, not its cheque Alone, median **$5.2M** Led 0 of 29 rounds **0%** - **Sole investor:** 2 rounds - **Last cheque:** Jul 2008 - **Exits:** 9 from the portfolio Rounds by stage said on their site - Series A *9* - Series B *6* - Series C *6* - Venture *6* - Series D *2* Cheques by year Led Joined 1999 2008 Often in the room with - [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) 18 - [GrowthWorks](https://millionrounds.com/fund/growthworks) 7 - [Newbury Ventures](https://millionrounds.com/fund/rising-tide-vc) 4 - [Skypoint Capital](https://millionrounds.com/fund/skypoint-capital) 4 - [Desjardins Venture Capital](https://millionrounds.com/fund/desjardins-venture-capital) 3 - [Primaxis Technology Ventures Inc.](https://millionrounds.com/fund/primaxis-technology-ventures-inc) 3 **Pitching VenGrowth?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as VenGrowth. A count of rooms they were both in, not a relationship either has claimed. [**BDC Capital** VC firm **18** rounds together](https://millionrounds.com/fund/bdc-venture-capital)[**GrowthWorks** VC firm **7** rounds together](https://millionrounds.com/fund/growthworks)[**Newbury Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/rising-tide-vc)[**Skypoint Capital** Investment firm **4** rounds together](https://millionrounds.com/fund/skypoint-capital)[**Desjardins Venture Capital** Government **3** rounds together](https://millionrounds.com/fund/desjardins-venture-capital)[**Primaxis Technology Ventures Inc.** Growth equity **3** rounds together](https://millionrounds.com/fund/primaxis-technology-ventures-inc)[**Export Development Canada** Government **2** rounds together](https://millionrounds.com/fund/export-development-canada)[**Kodiak Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/kodiak-venture-partners)[**MMV Capital Partners** VC firm **2** rounds together](https://millionrounds.com/fund/mmv-financial)[**Newbury Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/newbury-ventures)[**Panorama Capital** VC firm **2** rounds together](https://millionrounds.com/fund/panorama-capital) ## Quick answers about VenGrowth ### What does VenGrowth invest in? VenGrowth invests most often at Series A and Series B (52% of the rounds on record), in sectors such as Venture Capital & Private Equity. ### How active is VenGrowth? 29 investments on record, 0 of them in the last 12 months. The most recent was in Jul 2008. ### How big are VenGrowth's cheques? The median round it joins is $12M. ### Does VenGrowth lead rounds? Rarely, if at all: none of its 29 investments on record names it as the lead. ### Where does VenGrowth invest? Most of the companies it backs are in Canada (62%) and the United States (38%). ### Is VenGrowth investing now? No investments in the last 12 months; the latest was in Jul 2008. ### Who does VenGrowth invest alongside? Most often BDC Capital (18 rounds together), GrowthWorks (7 rounds together) and Newbury Ventures (4 rounds together). ### What kind of investor is VenGrowth? VenGrowth is an investment firm based in Canada. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=vengrowth) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=vengrowth)