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The Venture Codex

Canopy Rivers

40 King Street West, Suite 2504, Toronto, ON, M5H 3Y2, Canada

Overview

Venture capital firm specializing in cannabis and related industries.

Founded

2017

Deals ยท 12mo

0

Links

WebsiteLinkedInX (Twitter)

Stage focus

Series A
Series B
Series C

Geographic focus

Italy
New Zealand
United States

Sector focus

Cannabis
Financial Services
Venture Capital

Investment portfolio

5rounds
NAMEDATESIZE
BioLumic
Jun 2022Participated
$14 MSeries B
Headset
Aug 2020Led
$3 MOther Equity
ZeaKal
Sep 2019Participated
$15 MSeries C
Canapar
Feb 2019Led
$9 MOther Equity
Headset
Jan 2019Participated
$12 MSeries A
BioLumic
Jun 2022Participated
$14 MSeries B
Headset
Aug 2020Led
$3 MOther Equity
ZeaKal
Sep 2019Participated
$15 MSeries C
Canapar
Feb 2019Led
$9 MOther Equity
Headset
Jan 2019Participated
$12 MSeries A
5
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Insights

Time horizon

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Deal Distribution

Canopy Rivers: 5 funding rounds are recorded in the selected participation categories.All available history.
Canopy Rivers: 5 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A01
Series B01
Series C+01
Other Equity20

Monthly Deal Activity

Canopy Rivers: 5 deals are recorded across 94 months.All available history.
Canopy Rivers: 5 deals are recorded across 94 months. All available history
MonthDeals
Jan '191
Feb '191
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '191
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '201
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '221
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
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Jun '250
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Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Canopy Rivers: Health & Life Sciences is the largest displayed sector by deal count (5 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Canopy Rivers: Health & Life Sciences is the largest displayed sector by deal count (5 deals). All available history
SectorDeals
Health & Life Sciences5
Food & Agriculture3
Marketing & Advertising2
Data, Analytics & IT2
Fintech1
Clean Energy & Sustainability1

Deal Size Distribution

Canopy Rivers: 5 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Canopy Rivers: 5 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M1
$5M-$10M1
$10M-$25M3
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Canopy Rivers: United States has the largest recorded deal count among the displayed regions (3 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Canopy Rivers: United States has the largest recorded deal count among the displayed regions (3 deals). All available history
RegionDeals
United States3
New Zealand1
Europe1
Canopy Rivers: 16 co-investors are shown, with Finistere Ventures sharing 2 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Canopy Rivers: 16 co-investors are shown, with Finistere Ventures sharing 2 recorded deals. All available history
Co-investorShared deals
Finistere Ventures2
Poseidon Asset Management2
AFI Capital Partners1
Arcview Ventures1
Aspire NZ1
Booster Innovation Fund1
Entourage Effect Capital1
Flatiron Venture Partners1
Icehouse Ventures1
Middleland Capital1
MIG Nominee No 1 Limited1
Norwind Capital1
OurCrowd1
Prithvi Ventures1
Rabo Ventures1
Virtu Capital1

Investment Strategy

Canopy Rivers: Led accounts for 40% and participating for 60% of round participation.All available history.
Canopy Rivers: Led accounts for 40% and participating for 60% of round participation. All available history
CategoryDeals (count)Share (%)
Led240%
Participating360%
Canopy Rivers: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
Canopy Rivers: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead2100%
Co-led00%

Team

Ben Futoriansky

Associate, Business Development

David E Vautrin

Interim CEO and CRO

Eddie Lucarelli

Chief Financial Officer

Edward Lucarelli

Chief Financial Officer, Finance

Mary Dimou

Director, Deal Team

Olivier Dufourmantelle

Chief Operating Officer

Peter Hatziioannou

Co-Founder

Ron Shlien, M.S.M.

Founding Investor

Sean McNulty

Co-Founder