Toronto/Vancouver based Zucara Therapeutics secured US $21M Series A funding from Perceptive Xontogeny Venture Fund. Chris Garabedian and Fred Callori joined Zucara board.
GreenSpace Brands (TSX-V: JTR) closed $2.55M second tranche of non-brokered private placement with PenderFund Capital Management becoming “control person” with 27.5% stake
Cummins (NYSE: CMI) made additional milestone investment in Loop Energy, provider of fuel cell electric range extenders for medium and heavy-duty transport applications. Wayne Eckerle, Cummins VP of Global Research and Technology, joined Loop Energy’s Board
Ada Support secured US $44M Series B funding round led by Accel with participation of Bessemer Venture Partners, FirstMark, Version One, Leaders Fund and Burst Capital
FinTech company WealthyPlanet secured undisclosed amount of seed funding from Mercanti Management Inc.
BluWave (BlueWave-ai) closed $1.5M equity seed financing with OCE and a group of international private investors and $2.43M in non-dilutive financing from Sustainable Development Technology Canada (SDTC)
Video platform for AI developer VXG secured $1 million in seed funding from Verstra Ventures and MaRS IAF.
Validere secured US $15M Series A funding from Wing VC (lead), Greylock Partners and Sallyport Investments. Aaref Hilaly, Wing VC Partner, will join Validere board.
SaaS insurtech company Relay Platform secured US $3M seed funding led by NFP Ventures with participation of American Family Insurance, Highline Beta, Plug and Play Ventures, and business angels from the reinsurance world
PolicyMe secured $3.3M funding co-led by Consorcio – HCS Capital and Westdale Properties. Luis Felipe San Martin and Jeffrey Kimel to join PolicyMe board
Estate and downsizing auction company MaxSold secures $3M non-dilutive financing from BDC Capital Growth & Transition Capital. BDC Capital’s Laura-Lee Brenneman led the transaction.
GradeSlam/Paper secured US $7.5M funding from Reach Capital (lead), Bullpen Capital, Birchmere Ventures, BDC Capital, Real Ventures, Google, Red House Education, Edovate Capital, and Anges Quebec.
Checkfront secured $9.3M Series A funding led by Framework Venture Partners with participation of PenderFund, Conconi Growth Partners and Royal Bank of Canada. Andrew Lugsdin of Framework will join Checkfront board.
BMO Technology & Innovation Banking Group provided $3M debt funding to MILO backed Altus Assessments Inc.
BDC Capital Growth & Transition Capital provided $2M funding to Anges Québec and Illuminate Financial backed TickSmith.
Vitruvi secured US $4.5 million Series A financing from Boulder, Colorado based Harbinger Ventures and Lyra Growth Ventures.
PocketPills raised $7.35 million in Series A funding from a Canadian family office and Waterbridge Ventures.
