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June 2, 2023

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New Brunswick (Page 3)

CDPQ provides $75M debt financing to non-profit Medavie

2019-05-23
On: May 23, 2019
In: Private Equity Deals, New Brunswick, HealthCare

Caisse de dépôt et placement du Québec provided $75M, up to $100M, in subordinated private debt, to Medavie Continue Reading

Integrated Private Debt Fund provides $45M funding to Cooke Aquaculture

2019-03-06
On: March 6, 2019
In: Agri-Food, Private Equity Deals, New Brunswick

IAM Private Debt Group closed $45 million term loan transaction to fund an operating lease package for Cooke Aquaculture Inc.Continue Reading

Sonrai Security secures US $18.5 Series A led by Polaris Partners and TenEleven Ventures

2019-01-15
On: January 15, 2019
In: Venture Capital Deals, New Brunswick, IT and Telecom

Sonrai Security secured $18.5M Series A funding from Polaris Partners, TenEleven, Brunswick Innovation Foundation (NBIF). Dave Barrett of Polaris Partners and Alex Doll of TenEleven Ventures joined Sonrai board. Continue Reading

Smart Skin Technologies secures $3.1M financing led by SCHOTT AG

2018-11-01
On: November 1, 2018
In: Venture Capital Deals, New Brunswick, IT and Telecom

Smart Skin Technologies raised $3.1M in Series B add-on funding from SCHOTT AG and New Brunswick Innovation Foundation (NBIF).Continue Reading

Eigen Innovations secures $3.5M financing led by Globalive Technology

2018-10-15
On: October 15, 2018
In: Venture Capital Deals, New Brunswick, IT and Telecom

Eigen Innovations raised $3.5M in August from Globalive Technology Inc. (TSX-V: LIVE), BDC Capital, NBIF Venture Capital Fund, Opportunities New Brunswick (ONB), and New Brunswick angel investorsContinue Reading

Jeff White named new CEO of NBIF

2018-10-04
On: October 4, 2018
In: VC Firms, New Brunswick

New Brunswick Innovation Foundation (NBIF) recruited Jeff White, currently COO of East Valley Ventures, as its new CEO effective October 29, 2018.
Continue Reading

Chinova Bioworks secures seed financing co-led by DSM Venturing and Rhapsody Venture Partners

2018-08-14
On: August 14, 2018
In: Venture Capital Deals, Biotech and Life Sciences, New Brunswick

Chinova Bioworks secured seed funding from DSM Venturing BV, Rhapsody Venture Partners, AgFunder and Natural Products Canada.

Continue Reading

Avrij Analytics secures $1.2M financing led by NBIF

2018-05-23
On: May 23, 2018
In: Venture Capital Deals, New Brunswick, IT and Telecom

Avrij Analytics secured $1.2 million financing with The New Brunswick Innovation Foundation (NBIF), Technology Ventures Corporation and other private and public investors.
Continue Reading

Brunvalley Cloud Solutions secures first round of financing

2018-05-10
On: May 10, 2018
In: Private Deals, New Brunswick, Financial, IT and Telecom

Brunvalley Cloud Solutions Inc., a stealth mode AI company for insurance purchases, secured first round of private financing Continue Reading

Resson secures $14M Series C with Mahindra & Mahindra as strategic investor

2018-05-08
On: May 8, 2018
In: Venture Capital Deals, Agri-Food, New Brunswick, IT and Telecom

Resson secured $14M Series C with Mahindra & Mahindra, McCain Foods, Monsanto Growth Ventures, Build Ventures, Rho Canada, BDC Capital, East Valley Ventures and New Brunswick Innovation Foundation.Continue Reading

Exchange Income closes $55M acquisition of Moncton Flight College

2018-02-28
On: February 28, 2018
In: Private Equity Deals, Manitoba, New Brunswick, Transportation and Logistics

Exchange Income (TSX: EIF) closed acquisition of CANLink Global/Moncton Flight College for $35M, plus an earn-out payment of up to $20M
Continue Reading

Hillcore Group acquires three Atlantic Retirement Living Group properties for $70M

2018-02-14
On: February 14, 2018
In: Private Equity Deals, New Brunswick, HealthCare, Real Estate Deals, Real Estate

Hillcore Group at the end of 2017 closed the acquisition of a portfolio of seniors living and residential properties located in New Brunswick from Atlantic Retirement Living Group for $70 million.Continue Reading

ONCAP’s Englobe acquires Crandall Engineering

2018-02-12
On: February 12, 2018
In: Private Equity Deals, New Brunswick, CleanTech, Quebec

ONCAP backed Englobe Corp. acquired Moncton, New Brunswick based Crandall Engineering Ltd. for undisclosed amount. Continue Reading

Update: AspenTech acquisition of RtTech IIoT assets

2018-01-24
On: January 24, 2018
In: New Brunswick, M&A/Exit Deals, IT and Telecom

Update: AspenTech (NASDAQ: AZPN) acquired RtTech’s Cipher Industrial Internet of Things (IIoT) edge connectivity software asset for US$Continue Reading

EhEye secures $480K in equity, debt financing and grants

2018-01-15
On: January 15, 2018
In: Venture Capital Deals, New Brunswick, IT and Telecom

EhEye raised $480K from The New Brunswick Innovation Foundation (NBIF), Friends and Family, BDC Capital, NRC-IRAP, and ACOAContinue Reading

AspenTech acquires IIoT assets of venture backed RtTech Software

2017-12-06
On: December 6, 2017
In: New Brunswick, M&A/Exit Deals, IT and Telecom

Aspen Technology acquired Cipher IIoT assets of McRock Capital and NBIF backed RtTech Software Continue Reading

Loft1 secures angel financing

2017-12-01
On: December 1, 2017
In: Angel Deals, New Brunswick, IT and Telecom

Loft1 completed an angel round of financingContinue Reading

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