{"id":48283,"date":"2013-05-23T08:05:00","date_gmt":"2013-05-23T04:05:00","guid":{"rendered":"http:\/\/localhost\/?p=48283"},"modified":"2013-05-23T11:05:08","modified_gmt":"2013-05-23T07:05:08","slug":"volta-launches-build-ventures-fund","status":"publish","type":"magazine","link":"https:\/\/brainstation.io\/magazine\/volta-launches-build-ventures-fund","title":{"rendered":"Build Ventures is a $50 Million Venture Capital Fund in Atlantic Canada"},"content":{"rendered":"<p><img decoding=\"async\" style=\"margin: 11px 33px; float: right;\" src=\"http:\/\/cdn.canadianprivateequity.com\/wp-content\/uploads\/Build-Ventures.jpg\" alt=\"\" width=\"200\" height=\"115\" \/>Volta this week celebrated its public launch, giving a crowd of 120 people a glimpse inside its 10,000-square-foot facility in Halifax. The orgnaization has Build Ventures, a $50 million in-house venture capital fund.<\/p>\n<p><!-- pagebreak --><\/p>\n<p><a href=\"http:\/\/www.voltaeffect.com\/\" target=\"_blank\">Volta<\/a>, cofounded by GoInstant CEO Jevon MacDonald, emphasizes a founder-first, quality-over-quantity approach to building startups. &ldquo;It&rsquo;s all about the founders,&#8221; says MacDonald. &ldquo;We want to create world-class founders, who in turn will create world-class companies, right here in Halifax.&#8221;<\/p>\n<p>Although it sounds like an accelerator, Volta insists otherwise: &#8220;We are a place of mentorship and community and we are not an accelerator,&#8221; the site reads. Their goal is to provide mentorship, encourage new startups, develop growth in existing startups, develop support frameworks, and create a brand seen as &#8220;a beacon of the Atlantic startup community.&#8221;<\/p>\n<p>Currently, Volta has 13 companies involved in its system, either as tenants or common space members. Those companies include TitanFile, FundMetric, and IntroHive. The non-accelerator is backed by big names including Omers and Deloitte.<\/p>\n<p style=\"text-align: center;\"><strong>SEE ALSO: <a href=\"http:\/\/www.techvibes.com\/blog\/venture-capital-deal-making-jumps-55-in-canada-2013-05-21\" target=\"_blank\">Venture Capital Deal-making Jumps 55% in Canada<\/a><\/strong><\/p>\n<p><a href=\"http:\/\/buildventures.ca\" target=\"_blank\">Build Ventures<\/a> aims to provide early stage capital to emerging, game-changing Atlantic Canadian technology companies, focusing on Series A investments. &#8221;&nbsp;The startup journey can be challenging,&#8221; the fund says, &#8220;but we know what it takes and we are here to help.&#8221;<\/p>\n<p>The funds founding partners are Rob Barbara and Patrick Keefe.<\/p>\n<p>&ldquo;We feel fortunate to have a close relationship with so many great companies in the region, and with venture fund managers from around Canada and the US,&rdquo; says Barbara. &ldquo;Whether on our own or with investment partners, we&rsquo;re certain we have superb opportunities for investment in Atlantic Canada.&rdquo;<\/p>\n<p>&ldquo;We&rsquo;re really encouraged by the start-up activity we&rsquo;ve been seeing in Atlantic Canada over the last few years,&rdquo; says Keefe. &ldquo;We look forward to backing&mdash;and then working closely with&mdash;the most promising entrepreneurs as they build strong, game-changing companies that can compete globally.<\/p>\n<p>Build Ventures investors to date include BDC Venture Capital and the provinces of Nova Scotia, New Brunswick and Prince Edward Island.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Volta this week celebrated its public launch, giving a crowd of 120 people a glimpse inside its 10,000-square-foot facility in Halifax. The orgnaization has Build Ventures, a $50 million in-house venture capital fund. Volta, cofounded by GoInstant CEO Jevon MacDonald, emphasizes a founder-first, quality-over-quantity approach to building startups. &ldquo;It&rsquo;s all about the founders,&#8221; says MacDonald. [&hellip;]<\/p>\n","protected":false},"author":1358,"featured_media":48285,"menu_order":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"magazine-region":[],"magazine-series":[],"magazine-topic":[],"class_list":["post-48283","magazine","type-magazine","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine\/48283","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine"}],"about":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/types\/magazine"}],"author":[{"embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/users\/1358"}],"version-history":[{"count":0,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine\/48283\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/media\/48285"}],"wp:attachment":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/media?parent=48283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/categories?post=48283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/tags?post=48283"},{"taxonomy":"magazine-region","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-region?post=48283"},{"taxonomy":"magazine-series","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-series?post=48283"},{"taxonomy":"magazine-topic","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-topic?post=48283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}