Kaylan Pepin and Roman Hartmann founded Levr Technologies (Levr.ai) secured $1 million in addition pre-seed funding by way of follow-on investment from Weave VC and Sprout Fund II as well as several new investors.
Cornell Capital LLC and TorQuest Partners backed S.i. Systems ULC acquired HVN Solutions Ltd. and affiliated companies from founders Andrew Kieran, Nicholas Allard.
Madison Industries completed acquisition of CAE Healthcare Canada Inc. from CAE Inc. for enterprise value of CDN $311 million.
Helika secured $8M in Series A funding led by Pantera Capital with participation from Sparkle Ventures, Diagram Ventures, Sfermion, and individual investors including Spencer Tucker, Damon Gura and Marc Alloul.
Beedie Investments to acquire all comm shares of Think Research, other than those shares owned by Beedie and other shareholders comprised of certain directors and executive officers and other persons, for cash consideration of $0.32 per share for $12.2M.
Dan Adamson, Karthik Ramakrishnan, and Rahm Hafiz founded Armilla AI secured US $4.5M seed funding led by Mistral Venture Partners with participation of Greenlight Re, Chaucer, MS&AD Ventures, SixThirty, Morgan Creek Digital and Y Combinator. Mistral's Raif Barbaros joined Armilla board of directors.
Phoenix Partners acquired a majority stake in Alimentation Dynamic Inc. in partnership with Pascal Arsenault and Stéphanie Toupin who remain as shareholders and continue to lead as President and VP respectively.
Evelyn Allen and Dr. Michael Pope founded Evercloak secured $2M in seed funding led by Bioindustrial Innovation Canada's Sustainable Chemistry Alliance fund with participation of Greensoil Ventures, Groundbreak Ventures, Ontario Centre of Innovation, and private investors.
Alik Sokolov, Joseph Hydoski and Vova Golubin founded Sibli secured US $4.5M seed funding led by Staircase Ventures with participation of The Group Ventures, Burst Capital, MaRS IAF, and private investors. Janet Bannister from Staircase joined Sibli board of directors.
New Mountain Capital backed Qualus Corporation acquired Enkompass Power and Energy Corporation from Rene Seipt who remains as a significant shareholder and continues to lead as President and CEO.