Quebec

Boréas Technologies secures US $12M Series B

CPE News

Simon Chaput led Boréas Technologies raised US $12 million in Series B financing round with undisclosed investors.

Deep Sky completes $75M Series A Funding

CPE News

Deep Sky closed $75M Series A funding, including conversion of $17.7M seed note and $57.5M in new capital co-led by Brightspark Ventures and Whitecap Venture Partners with participation from Investissement Québec, OMERS Ventures, and BDC Capital.

Pathway Medical secures US $5M additional seed funding

CPE News

Pathway Medical raised US $5M additional seed funding led by Yamaha Motor Ventures with participation of Verge HealthTech Fund, Amplify Capital, BoxOne Ventures, Formentera Capital, and others. Ryan McCrackan from Yamaha Motor Ventures joined Pathway board of directors.

Recharge Véhicule Électrique secures $6M seed financing

CPE News

David Corbeil and Marie-Pier Corbeil founded Recharge Véhicule Électrique secured $6M seed funding, $2M each from Fondaction, Export Development Canada (EDC) and Investissement Québec.

CDPQ acquires minority stake in AVENIR GLOBAL

CPE News

Andrew Molson, Jean-Pierre Vasseur, Valérie Beauregard and Royal Poulin led AVENIR GLOBAL secured minority investment from CDPQ.

Fonds de solidarité FTQ acquires minority stake in SMT Hautes for $68M

CPE News

Fonds de solidarité FTQ invested $68 million in SMT Hautes Technologies Inc. for a minority stake. Fonds' Martin Latreille joined SMT board. Founder Stéphane Deschênes remains as the majority and control shareholder.

enGene goes public on NASDAQ by way of SPAC QA

CPE News

Forbion, Lumira Ventures, Fonds de Solidarité backed enGene Inc. went public on NASDAQ as SPAC Forbion European Acquisition Corp.'s qualifying acquisition. enGene received US $138M in gross proceeds included US $25M from SPAC trust account and $113M from PIPE financing.

BDC allocates additional $50M to seed venture fund

CPE News

BDC allocated additional $50M to Seed Venture Fund, focusing primarily on promising pre-seed and seed stage software companies within Enterprise SaaS and other software verticals.

SmartBug Media acquires Globalia

CPE News

American Discovery Capital backed SmartBug Media acquired Globalia Inc. from Jonathan Moquin, Jean-Michel Arseneau, Frédéric Fauvel, Mathieu Morin, Sacha Moquin and others.

Investissement Québec to invest US $12.5M in Theratechnologies for up to 19.9% stake

CPE News

Investissement Québec to invest US $12.5M in Theratechnologies by way of non-brokered private placement of common shares and non-voting subscription receipts for stake of up to 19.9%

QuoteMachine announces US $3.7M additional seed financing

CPE News

Jean-Denis Rocheteau and Jonathan Muschalle founded QuoteMachine raised US $3.7M new seed funding led by Manresa Ventures with participation from Clocktower Technology Ventures and Precursor Ventures. Jackson Gates from Manresa joined QuoteMachine board.

Blue Wolf Capital Partners to acquire LOGISTEC for enterprise value of $1.2B

CPE News

Blue Wolf, with support of Stonepeak, to acquire LOGISTEC for an enterprise value of $1.2B from Sumanic Investments, QV Investors and other shareholders. CDPQ, with 13.7% voting control, did not announce its support. Gouvernement du Québec through Investissement Québec is in discussion for a potential investment in LOGISTEC.

Nature’s Touch acquires SunOpta frozen fruit business for US $141M

CPE News

John Tentomas' Nature's Touch Frozen Foods acquired SunOpta' frozen fruit assets for US $141M

DNA Capital upsizes inaugural fund to over $120M

Ted Liu

Daniel Labrecque led DNA Capital held additional closing for DNA Continuity Fund I, L.P. with aggregate capital commitments of over $120 million.

Norbec secures growth equity from Sagard Private Equity Canada

CPE News

Sagard Private Equity Canada acquired minority stake in Norbec, becoming 2nd largest shareholder behind Desjardins Capital. Sagard PE's Marie-Claude Boisvert will join Norbec board. Jan Lembregts remains as significant shareholder, continues to lead the company.

HaiLa Technologies secures $10.35M funding

CPE News

HaiLa Technologies secured US $10.35M new funding from Murata Electronics, Stanford University, Mika, Ecofuel Fund, Chrysalix, and TandemLaunch.

Haemonetics to acquire OpSens for $345M

CPE News

Haemonetics to acquire OpSens for CDN $2.90 for a fully diluted equity value of CDN $345M or US $253M from Fidelity Investments, Gaétan Duplain, management and other shareholders

Fonds de solidarité invests US $15M in Vention

CPE News

Étienne Lacroix and Max Windisch led, Bain Capital Ventures, White Star Capital, Georgian backed Vention secured US $15 million investment from Fonds de solidarité FTQ.