News

Latest news from Catalyst

Telecompetitor | Xplornet 5G Ready Deployment Planned for New Brunswick

Created: August 6, 2018

Catalyst portfolio company Xplornet is bringing the necessary telecom infrastructure to New Brunswick rural homes and businesses to provision 5G services. The first phase of the project will begin immediately and is expected to be completed by the end of 2019. This new Xplornet broadband service will support speeds of 100 Mbps. Xplornet will make the province one of the first areas in Canada to have access to 5G ready technology, once the company finishes deploying its hybrid fiber wireless network.

Portfolio News

Mobile Syrup | Xplornet announces new ‘Xplore Mobile’ wireless brand in Manitoba

Created: August 1, 2018

Catalyst-backed telecom service provider Xplornet has officially announced its wireless telephony brand, Xplore Mobile. Xplornet is hailing the new service as a “new approach to wireless service in Manitoba.”

Press Releases

Galvanize to Acquire Leading Provider of Immersive Technology Education, Hack Reactor

Created: July 19, 2018

Galvanize has secured a $32 million Series C financing led by growth equity firm Catalyst Investors with participation from New Markets Venture Partners and existing investors: ABS Capital Partners, University Ventures and the Colorado Impact Fund. Tyler Newton from Catalyst Investors will join the Galvanize board ofdirectors.

Portfolio News

Mobile Syrup | Xplornet preps for 5G rollout in 2020 with Eastern Ontario fibre investment

Created: July 25, 2018

Rural fixed wireless and satellite internet provider Xplornet, a Catalyst portfolio company, is preparing for its first 5G offerings with a new fibre deployment jointly funded by the government. The New Brunswick-based company announced a joint investment of $36 million with the Canadian government to build out a fibre network in Eastern Ontario. Xplornet is funding the majority of the project by setting aside $25.2 million, while the Government of Canada is pitching in $10.8 million via the Connect to Innovate program.

Portfolio News

Dayton Daily News | This massive new greenhouse is harvesting its first local crops, and you could see them in your store soon

Created: August 4, 2018

Catalyst-backed BrightFarms recently harvested the first crop from its new 120,000-square-foot indoor greenhouse facility in Wilmington, Ohio. The company invited regional and state officials to the first harvest at the greenhouse located 45 minutes southeast of Dayton to demonstrate the economic impact the new greenhouse will have in the state. While local is the number one demand driver of produce, supermarkets have trouble sourcing the quantity they need, so BrightFarms aims to supply local produce at a commercial scale. The greenhouse is state-of-the-art in both its sustainability and production.

Blog

Retail Analytics and the State of the Online and In-Store Retail Market

Created: July 23, 2018By Jackson Evans

Catalyst is exploring the Retail Analytics space defined as the technologies that brands and retailers leverage to increase the likelihood of initial and repeat purchases (store management, sales and marketing, finance and inventory, customer experience, pure-play analytics, etc.).