Province/Region
Nanoprecise Sci secures $3.5M debt financing facility
Sunil Vedula led and EDC and Adventure Capital backed Nanoprecise Sci Corp. secured $3.5M debt financing facility from CIBC Innovation Banking
Stellantis acquires 19.9% stake in Argentina Lithium’s ALE for US $90M
Stellantis N.V. to invest US $90M in Argentina Lithium & Energy Corp.'s wholly owned subsidiary, Argentina Litio y Energia S.A. (ALE), for 19.9% stake, exchangeable into up to 19.9% stake in Argentina Lithium in the future.
d1g1t closes new equity and debt financing
d1g1t closed equity and debt funding round led by MissionOG with participation of CI Financial, National Bank of Canada's NA Ventures, Illuminate Financial, Purpose Financial, FigTree Financial, private investors. CIBC Innovation Banking provided the debt facility.
Peter Letko transitions to senior advisor at Letko Brosseau
Peter Letko will transition from SVP to senior advisor with Letko, Brosseau & Associates Inc., remaining as the largest shareholder and member of board of directors and of Investment Council . Co-founder Daniel Brosseau will continue as President.
BIGG Digital Assets acquires 100% of TerraZero Technologies
BIGG Digital Assets Inc. (CSE: BIGG) acquired 100% of TerraZero Technologies Inc., issuing 62M common shares of BIGG, valued at approximately $20M, to investors other than BIGG.
Homecare Hub secures US $2.5M strategic financing
Vipan Nikore, Rahim Lalani, Brian Kwan, Jay Vaghela founded Homecare Hub secured US $2.5M seed funding from Inception Health, Ballad Ventures, CABHI, Blue Lion Global, AARP, FHS Capital and others.
Cognota secures Series A financing
Cognota secured US $4.5M in Series A funding led by Grotech Ventures with participation of IDEA Fund Partners, Tyton Partners, Generation Ventures, BDC Capital, CEAS Investments and others, and US $1M in venture debt from Comerica Bank. Steve Fredrick, GP of Grotech Ventures, joined Cognota board.
NCR makes US $10M strategic investment in Clip Money
NCR completed US $10M strategic investment in Clip Money Inc. and established a long-term, firmware exclusive, commercial collaboration. NCR become control person of Clip Money with 27.31% interest on non-diluted basis or 41.91% stake on partially diluted basis.
Front Row Ventures final closes FRV-CAN-22 LP at $5.5M
Front Row Ventures held final close for FRV 2022 LP with aggregate $5.5M in capital commitments from founders, private investors, iNovia Capital, Quebec government and others.
Luge Investment Fund II holds $71M initial close
David Nault and Karim Gillani led Luge Capital held $71M initial close for Luge Investment Fund II. Fund II LPs include CDPQ, Desjardins, BDC Capital, Sun Life, Industrial Alliance Financial Group, Fonds de solidarité FTQ, Inovia Discovery Fund I.
Avatar Leadership Fund 1 holds $2.5M initial close
Avatar Innovations/Avatar Ventures held $2.5M initial close of inaugural fund, Avatar Leadership Fund 1, anchored by a $750K lead investment from Cenovus Energy Inc. Bryan Trudel will lead as Partner with support David Pratt as Principal of the fund.
Pollin secures $20M Series A led by Osmington
Kim Garbedian, Melody Adhami, Sep Seyedi, David Diamond and Michael Kimel founded Pollin Fertility secured $20M in Series A funding led by David Thomson's Osmington Inc.
VC-backed FLO secures $60M revolving credit facility from National Bank
CDPQ, Investissement Québec and Energy Impact Partners backed FLO secured a $60 million revolving credit facility from National Bank of Canada's Technology and Innovation Banking Group.
GeologicAI secures additional US $10M Series A funding
Yannai Segal and Grant Sanden led GeologicAI secured additional US $10M Series A funding from Export Development Canada, bringing total Series A funding led by Breakthrough Energy Ventures to US $30M.
Oneka Technologies secures 1st tranche of Series A
Dragan Tutic's Oneka Technologies closed first tranche of Series A with $12.5M investment led by the Hoffecker Family with participation of Horizon Capital Holdings, AQC Capital, the Wilson Family, Propulia Capital, Invest Nova Scotia, others.
CDPQ invests $28.8M in Savaria
Caisse de dépôt et placement du Québec (CDPQ) closed $28.8M investment in Savaria Corporation as part of $92 million bought deal public offering and con-current private placement
Secoda secures US $14M Series A
Etai Mizrahi and Andrew McEwen founded Secoda secured US $14M Series A led by Craft Ventures with participating from Abstract Ventures, YCombinator, Garage Capital, leaders in data space (Jordan Tigani, Scott Breitenother and Tristan Handy). Craft Ventures' Jeff Fluhr joined Secoda's board of directors.
CDPQ acquires minority stake in Vooban
Hugues Foltz and Kevin Moore led Vooban secured minority investment from Caisse de dépôt et placement du Québec (CDPQ) with CDPQ's Yves-André Levasseur joining board of directors.
