Conexus Venture Capital added another $5 million to its Fund II. The Regina-based early-stage tech investor announced the raise on Nov. 12. The move brought the fund's total closing to $35 million.
Fund reopening
CVC first closed Fund II in November 2025. It reopened the fund to investors earlier this year. Strong investor demand and early portfolio momentum supported the decision.
Investor backing
Conexus Credit Union is the parent of CVC and the anchor limited partner. It committed $15 million to the fund. Other capital came from repeat participants and new financiers.
Portfolio so far
Fund II has added 10 companies to its portfolio. They include parking software startup Offstreet, healthtech company Alto Technologies, fintech Judi.ai, and Cyder. Offstreet is based in Regina, and Alto Technologies is based in Saskatoon.
CVC operates as the venture capital arm of Conexus Credit Union. It targets early-stage tech companies in Canada. Its first fund ranked among top performers in its size category in 2019.
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