Newfoundland and Labrador
Spellbook closes its tranched US $20M Series A funding led by Inovia Capital with participation of Thomson Reuters Ventures, The Legaltech Fund, Bling Capital, Moxxie Ventures, Concrete Ventures, Path Ventures, N49P and Good News Ventures.
Scott Stevenson, Matt Mayers and Daniel Di Maria founded Spellbook secured US $10.9M Series A funding led by Moxxie Ventures with participation from Thomson Reuters Ventures, Inovia Capital, The LegalTech Fund, Bling Capital, N49P, Concrete Ventures, Good News Ventures, Pelorus VC and others.
Deanne McCarthy founded Swiftsure Innovations secured $2.3M seed funding led by Pelorus VC with participation from Sandpiper Ventures, MEDTEQ+ and several other pre-seed investors.
SK Group's SK ecoplant invested US $50M to acquire a 20% stake in the first phase of World Energy GH2's Nujio'qonik project which aims to be Canada's first commercial green hydrogen/ammonia producer created from 3+ Gigawatts of wind energy.
Robert Forsythe and Jonathan King founded Milk Moovement secured US $20M Series A led by VMG Catalyst with participation of Richard Cargill, Dynamo Ventures, Bread & Butter Ventures, Matchstick Ventures, SOSV. Concurrent with Series A, Ecolab acquired a minority stake.
Mysa closed $20.3M Series B led by Cycle Capital with participation of Round13 Capital, Climate Innovation Capital, BDC Cleantech Practice, Export Development Canada and Killick Capital.
CoLab Software secured $17M Series A led by Insight Partners with participation by Killick Capital and others. Josh Fredberg, Managing Director at Insight Partners, joined CoLab's board of directors
Canada Infrastructure Bank, Transport Canada and Government of Quebec to provide over $91M to Tshiuetin Rail Transportation Inc. and Tshiuetin LP to modernize first Indigenous owned and operated railway
Milk Moovement secured US $3.2M funding from Dynamo Ventures, Matchstick Ventures, Bread & Butter Ventures, Better Food Ventures, SOSV, Techstars and private investors including Richard Cargill, a member of Cargill's board of directors
Nasdaq received approval for its proposed US $2.75B acquisition of Verafin under the Investment Canada Act. The acquisition is expected to close on February 11, 2021
BreatheSuite secured $1.2M new financing from Venture NL's Venture Newfoundland and Labrador LP, Pluto Investments, Killick Capital, and private investors
Nasdaq to acquire Verafin for US $2.75B from Spectrum Equity, Information Venture Partners, Killick Capital, Northleaf Capital Partners, BDC Capital, Teralys Capital, founders Jamie King, Raymond Pretty, Brendan Brothers, debt providers Wells Fargo and Scotiabank
Verafin management, Spectrum Equity, Information Ventures Partners, new investors completed $515M recap of the company
Proterra Investment Partners and MagGlobal backed Tacora Resources secured US $212M equity and debt financing, including investments from Aequor, and Cargill, fully funding the restart of the Scully Mine