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The Latest from Build Ventures

Welcoming InteraXon to the Portfolio

By: 26th June 2015 Portfolio, Strategy No Comments

We are happy to welcome InteraXon to the Build Ventures’ portfolio. We recently invested in the company’s $10 million Series B round, which was led by OMERS Ventures with participation from existing investors Felicis Ventures, Horizons Ventures and Flextronics Lab IX. As we dug into the company, we got excited about the product and its potential, the traction to date and the depth of the management team. InteraXon has developed Muse, a brain fitness tool that measures a user’s brain waves using seven finely calibrated electroencephalography (EEG) sensors – two on the forehead, two behind the ears working together with…

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Launching the Build Ventures Blog

By: 5th May 2015 Portfolio, Strategy No Comments

It’s hard for Rob and I to believe but Build Ventures just had its two year anniversary. There was a surprising amount of ‘administrivia’ involved in setting up a first fund and a lot of fundraising meetings which took the fund from $48.5M when we launched to $65M today. Most importantly, of course, was getting out across the region to meet companies and begin building our portfolio. To date we’ve made six investments: Introhive, Affinio, Smart Skin, Resson  and Celtx. For those counting, the sixth just closed and will be announced soon. One thing which clearly got neglected was our blog. There…

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Celtx – Scripting a Great Story

By: 8th February 2015 Portfolio No Comments

Build Ventures is entering Newfoundland and Labrador with a major investment, supporting Celtx — a startup whose software is being adopted by companies in film, video and theatre around the world. With CEO Mark Kennedy at the helm, the St. John’s-based company began 15 years ago with the simple idea of taking a range of film production processes—from script writing, to production notes and set designs—and moving them from paper to digital. “This is a tremendous opportunity,” says Kennedy. “We’re reinventing how an industry does its work, and it’s a global business. We make 95 percent of our money outside…

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New $50 Million Venture Capital Fund Launches In Atlantic Canada

By: 15th May 2013 Press Release No Comments

The Atlantic Canadian regional venture fund unveils its name and brings on Rob Barbara as a managing partner. Halifax, NS, May 14, 2013 — Build Ventures, the new venture capital fund based in Atlantic Canada, launched today with almost $50 million in committed capital at first close, and announced Rob Barbara will join as a partner. Barbara and fellow partner Patrick Keefe have already begun the process of finding and vetting high-growth companies in the region that need investment to grow. They are also in talks with other venture capital funds throughout North America that are interested in backing the…

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