Malcolm Fraser and Mary Dimou led NPC Ventures, dba Nàdarra Ventures, held $20M initial close of $50M targetted sustainable biotech VC fund with commitments from Farm Credit Canada (FCC), Natural Products Canada (NPC), and family offices.
CarbonCure Technologies secured US $80M new equity funding led by Blue Earth Capital with participation of Breakthrough Energy Ventures, Taronga Ventures, Amazon’s Climate Pledge Fund, Microsoft Climate Innovation Fund, 2150, BH3 Growth Equity and Samsung Ventures.
Mo AlGermozi and Marciel Gaier led Graphite Innovation & Technologies secured $10M Series A funding led by BDC Capital with participation of Seventure Partners' BlueForwardFund (BFF), Stolt Ventures, Farvatn Venture, Melancthon Capital, Invest Nova Scotia, and others.
SeaFort Capital Inc. final closed SeaFort Capital Fund II at $189M, including $40M lead commitment from founding Sobey and McCain families and commitments from Export Development Canada (EDC), CIBC, BMO Capital Partners, Jessiman Family Investments Inc., and other investors.
Tim Rice led The Rounds secured $1.6 million Series A add-on funding from Panoramic Ventures, and Invest Nova Scotia, bringing Panoramic Ventures led Series A to $6.7 million.
Mathew Zimola and Hossein Salimian founded ReelData AI secured US $8M Series A funding led by Buoyant Ventures with participation of S2G Ventures and The Nest Family Office. Amy Francetic, managing general partner of Buoyant Ventures, joined RealData board of directors.
SeaFort Capital Inc. held additional close for SeaFort Capital Fund II, closing on $160 million target.
ABK Biomedical secured US $30M Series C led by Santé Ventures and Medtronic with participation of existing investors F-Prime Capital, Eight Roads Ventures and others. Carissa Bellardine Black from Medtronic and James Eadie from Santé Ventures joined ABK board of directors.
Julia Rivard Dexter led Shoelace Learning secured financing from Sandpiper Ventures, the TELUS Pollinator Fund for Good and Samsung Next.
The Rounds closed $5.1M Series A funding round led by Panoramic Ventures, bringing total funding to $7.8M since inception in 2012.
Innovacorp, Ecofuel backed and Richard Kolacz led Global Spatial Technology Solutions (GSTS) secured $2M in non-dilutive funds from BDC Capital Growth & Transition Capital. Paul Ryan, Director of Growth & Transition Capital, led the transaction.
Rhiannon Davies, Cathy Bennett and Sarah Young led Sandpiper Ventures closed its flagship SV Fund I with commitment in excess of $20M from Annette Verschuren, Gerry Pond, Mark Dobbin, Frank Sobey’s Firinn Investments, Technology Venture Corp, CFFI Ventures, Roynat Capital, BMO, TD, CIBC, and others.
Scotia Investments Limited owned CKF Inc. to acquire UFP Technologies Inc (NASDAQ: UFPT)'s Molded Fiber Technology Inc. (MFT) to form a corporate entity will be known as MFT-CKF, Inc.
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.
SeaFort Capital owned Jardine Transport Group acquired K&T Transport Ltd. from owner Konstantin Timofeev.