STEM 7 Capital Inc.: Extreme Startups

Extreme Startups: Question: When did you launch Extreme Startups , and what inspired its creation?, according to Globe and Mail. Q: How has the technology startup scene changed in the period since Extreme Startups was formed and Sunil Sharma, co-founder of Toronto-based technology accelerator Extreme Startups, has been named managing director of Canada Gold Corp., which is changing its name to STEM 7 Capital Inc. We posed five questions to Mr. Sharma in the wake of his departure from an organization that nurtures early stage businesses and his entry into a new venture, heading a global investment firm. Answer: We launched Extreme Startups in February, 2012 so about a year-and-a-half ago. It feels like longer. It was launched as a collaboration between a group of venture capital funds OMERS Ventures, Rho Canada Ventures, Relay Ventures, BDC Venture Capital, and Extreme Venture Partners to collectively source, invest in and help grow exciting startup companies in the heart of Toronto. A big part of the rationale is to find follow-on investment opportunities for the investors. Another part of the rationale is to help build the ecosystem by contributing to and strengthening the pool of talent and entrepreneurial capacity in this region and across Canada. (www.immigrantscanada.com). As reported in the news.