Organization: MDS Capital Corp and GrowthWorks Capital

BEST Capital acquiring Axis labour-sponsored VC fund

BEST Capital Management Ltd is acquiring Axis Capital Corp (formerly Starting Startups), an Ottawa-based labour-sponsored venture capital fund (LSVCF). Axis has $14 million under management and has $9.5 million invested in nine companies including Liquid Computing Corp, Elliptic Semiconductor Inc, Gridiron Software Inc, and Pointshot Wireless Inc. BEST has about $60 million in assets through…