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Maclab Development Group is an Edmonton-based real estate developer, creating, owning, and managing residential, commercial, and high-rise properties. The firm operates across the Edmonton area and Western Canada, focusing on premier developments. Its core approach involves strategic development across various market segments, cultivating a portfolio that serves both living and business needs.
The company was founded in 1954 by Sandy Mactaggart and Jean de La Bruyère, who immigrated to Alberta in 1952. Recognizing significant real estate opportunities in the region's developing oil industry, these business partners formed Maclab Enterprises. Their initial vision combined their surnames to establish a firm rooted in local growth.
Maclab Development Group serves individual residents, commercial enterprises, and municipalities through partnerships across Western Canada. The company's vision centers on creating enduring, high-quality properties that enhance communities. It aims to sustain its legacy of thoughtful, integrated development, fostering belonging and opportunity through continued real estate contributions.
Maclab Development Group has 1 tracked investment across 1 company. The latest tracked deal is $24.0M Series E in Prove in January 2017.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 1, 2017 | Prove | $24.0M Series E | Sandbox Industries, Andrew Prozes | Betaworks Ventures, Bullpen Capital, First Round Capital, Homebrew, Lightspeed Venture Partners, MassMutual Ventures, OAK HC/FT, Relay Ventures, RRE Ventures, Semble Ventures, Sequoia Capital, Upside Partnership, Christine Herron, Emil Michael, Strauss Zelnick, American Express Ventures, Early Warning Services, Opus Capital, Transaction Network Services, Verizon Ventures |
