Nova Scotia
Founders East Capital Partners acquires Maritime Beauty Supply
The Hansen-MacDonald Family, Micco Group of Companies, Jim Spatz, The Steele Family backed Founders East Capital Partners acquired Maritime Beauty Supply from founder Maurice Doucet.
SeaFort Capital acquires Parts for Trucks
SeaFort Capital Fund II acquired majority stake in Parts for Trucks, Inc. from Raymond family. CEO Corey Miller and existing management team continue to lead the company.
MARA Renewables completes initial close of $39.5M financing
Mara Renewables held initial close of $39.5M financing led by InvestEco Capital with participation of BDC Cleantech Practice, Export Development Canada, MacKinnon, Bennett & Company Inc., Thai Union Ingredients Co, CFFI Ventures, James Richardson & Sons and others. Mara will completed 2nd closing with Clear Creek Investments, LLC in the coming month.
BDC Capital invests $2M in Fundy Drinks
Ted Grant and Hanspeter Stutz founded Fundy Drinks secured $2M non-dilutive funding from BDC Capital Growth & Transition Capital. Paul Ryan, Director of Growth & Transition Capital, led the transaction.
Planetary Technologies raises $4.2M in pre-seed and seed funding
Mike Kelland, Dr. Greg Rau, and Brock Battochio founded Planetary Technologies raised $4.2M in pre-seed and seed funding from Innovacorp and Apollo Projects and others and $3.6M in grant funding.
Curv Health secures $5.1M seed financing led by iGan Partners and Build Ventures
Curv Health secured $5.1M seed funding led by iGan Partners and Build Ventures with participation from Kale Investment Fund, Globalive Capital and NewFund Capital. iGan's Joel Finlayson and Build Ventures' Patrick Keefe will join Curv Health board of directors.
Babcock & Wilcox acquires Fossil Power Systems for $75M
Babcock & Wilcox Enterprises acquired Fossil Power Systems Inc. for CDN $75M from Trevor Siteman, Mark Donahue, Tim Stott, Paul Anderson, Jonas Hackmann and others
Sandpiper Ventures invests in Begin AI
Sandpiper Ventures invested in Rima Al Shikh led AI start-up Begin AI
Stride Consumer Partners invests in Skinfix
Stride Consumer Partners made inaugural investment, acquiring minority stake in Skinfix from founder Amy Gordinier. Stride's Nicole Fourgoux and Steve Berg will join Skinfix board of directors.
NowVertical Group to acquire Affinio for US $7.3M
NowVertical Group Inc. to acquire Stage 2 Capital, Progress Ventures, Round13 Capital, Build Ventures, Whitecap Venture Partners backed Affinio Inc. for US $7.3M
SeaFort Capital launches SeaFort Capital Fund II with $110M initial close
SeaFort Capital Inc. held $110M initial close for Fund II with $40M from founding Sobey and McCain families, $70M from external investors Export Development Canada (EDC), CIBC, BMO Capital Partners, Jessiman Family Investments Inc, successful entrepreneurs and family offices
Sandpiper Ventures holds $10M+ initial close for Sandpiper Venture Fund I
Sandpiper Ventures held $10M initial close for Sandpiper Venture Fund I from institutional and individual investors and family offices including Annette Verschuren, Gerry Pond, Mark Dobbin, Brigus Capital, Technology Venture Partners, Roynat Capital
Sparrow secures $3.25M pre-A financing
Sparrow secured $3.25M pre-A funding from Klister Credit Corp. and Killick Capital Inc., seed investors in Shopify (NYSE/TSX: SHOP) and Verafin.
Proposify announces $5M new financing from CBGF and Innovacorp
Proposify announced closing of $5M second round of investment from the Canadian Business Growth Fund and Innovacorp, for a total of $13 million over the last year
Talkatoo secures financing led by Klick Ventures
Talkatoo secured new financing from Klick Ventures, Blu Ventures, Concrete Ventures, Manifold Group, Globalive Capital, Dr. Ivan Zak (CEO at Galaxy Vets). Klick Group's Leerom Segal will join Talkatoo board of directors.
Coloursmith Labs secures $2M seed financing led by Sandpiper Ventures
Coloursmith Labs secured $2M seed funding led by Sandpiper Ventures with participation of pre-seed investors Brigus Capital Inc., Island Capital Partners LP, and Killick Venture Fund LP.
WELL launches WELL Health Ventures and invests in Bright Series A
WELL Health Technologies Corp. launched WELL Health Ventures Inc. and invested $250K in Halifax' Bright (formerly Cribcut)
Innovacorp backed Swarmio to go public on CSE at $20.7M valuation
Innovacorp backed Swarmio Inc. to go public on the Canadian Securities Exchange (CSE) by way of RTO and non-offering prospectus listing, at a deemed valuation of $20.7M
