Toronto/Vancouver based Zucara Therapeutics secured US $21M Series A funding from Perceptive Xontogeny Venture Fund. Chris Garabedian and Fred Callori joined Zucara board.
GreenSpace Brands (TSX-V: JTR) closed $2.55M second tranche of non-brokered private placement with PenderFund Capital Management becoming “control person” with 27.5% stake
TorQuest Partners held final closing for TorQuest Partners Fund V with $1.375B in total committed capital from Export Development Canada (EDC) and others
Dane Creek Capital Corporation (DCCC) controlled United Raw Pet Foods acquired Tollden Farms from Annette and Kevin McAleer
Ada Support secured US $44M Series B funding round led by Accel with participation of Bessemer Venture Partners, FirstMark, Version One, Leaders Fund and Burst Capital
FinTech company WealthyPlanet secured undisclosed amount of seed funding from Mercanti Management Inc.
BluWave (BlueWave-ai) closed $1.5M equity seed financing with OCE and a group of international private investors and $2.43M in non-dilutive financing from Sustainable Development Technology Canada (SDTC)
Video platform for AI developer VXG secured $1 million in seed funding from Verstra Ventures and MaRS IAF.
Engineers Without Borders Canada (EWB Canada) launched $20M social impact fund, Hummingbird Impact, to invest in for-profit, impact-driven gender-lens African tech ventures
Industrial-grade batteries and UPS energy storage company Demand Power Group raised US $71M in equity and commitment of development and project finance from investors including Star America.
Validere secured US $15M Series A funding from Wing VC (lead), Greylock Partners and Sallyport Investments. Aaref Hilaly, Wing VC Partner, will join Validere board.
SaaS insurtech company Relay Platform secured US $3M seed funding led by NFP Ventures with participation of American Family Insurance, Highline Beta, Plug and Play Ventures, and business angels from the reinsurance world
PolicyMe secured $3.3M funding co-led by Consorcio – HCS Capital and Westdale Properties. Luis Felipe San Martin and Jeffrey Kimel to join PolicyMe board
Affinity acquired assets of OMERS Ventures backed Nudge Software, including Nudge technology, Intellectual Property and the majority of its product and engineering team
Estate and downsizing auction company MaxSold secures $3M non-dilutive financing from BDC Capital Growth & Transition Capital. BDC Capital’s Laura-Lee Brenneman led the transaction.
Former Managing Director of Google Canada Chris O’Neill joined Portag3 Ventures as a Partner based in San Francisco.
BMO Technology & Innovation Banking Group provided $3M debt funding to MILO backed Altus Assessments Inc.
