Financial
d1g1t closes new equity and debt financing
d1g1t closed equity and debt funding round led by MissionOG with participation of CI Financial, National Bank of Canada's NA Ventures, Illuminate Financial, Purpose Financial, FigTree Financial, private investors. CIBC Innovation Banking provided the debt facility.
NCR makes US $10M strategic investment in Clip Money
NCR completed US $10M strategic investment in Clip Money Inc. and established a long-term, firmware exclusive, commercial collaboration. NCR become control person of Clip Money with 27.31% interest on non-diluted basis or 41.91% stake on partially diluted basis.
ZayZoon secures US $34.5M Series B debt and equity financing
ZayZoon raised US $20M in debt funding and US $14.5M in Series B preferred share funding led by Framework Venture Partners and Export Development Canada with participation from ATB Financial and existing shareholders from Canada, US and Switzerland.
FlipGive announces $5M Series B funding
Amy Halpenny, Nicholas Lee founded FlipGive announced $5M Series B funding round led by BDC Capital and Framework Venture Partners with participation of private investors.
Foxquilt announces closing of $12M Series B
Foxquilt announced $12M Series B, closed in two tranches, led by ICM with participation of existing and new investors.
Quandri secures US $8.5M Series A
Jackson Fregeau and Jamieson Fregeau founded Quandri Technologies secured US $8.5M Series A funding led by FUSE with participation of Defined, Aviso Ventures, Rebellion Ventures, N49P Ventures, and Good News Ventures.
Passage secures US $30M seed financing
Martin Basiri founded Passage disclosed US $30 million seed financing led by Drive Capital with participation of private and other investors.
Chexy secures $1.3M pre-seed financing
Lizaveta Akhvledziani and Abtine Monavvari founded Chexy secured $1.3M pre-seed funding led by Crossbeam Venture Partners with participation from Groundbreak Ventures, Ferst Capital Partners and private investors.
OneVest secures $17M Series A
Amar Ahluwalia, Jakob Pizzera and Nathan Di Lucca founded OneVest secured $17M Series A led by OMERS Ventures with participation from Luge Capital, Panache Ventures, AAF Management, FJ Labs, Fin Capital, Pivot Investment Partners and Deloitte Ventures.
Oamo secures US $1.25M pre-seed financing
Yannick Folla and Ahmed Hadjeres founded Oamo secured US $1.25M pre-seed financing led by White Star Capital.
Mithaq Capital ups Aimia stake to 31%
Mithaq Capital SPC acquired 9,234,500 common shares of Aimia (TSX: AIM) at $4.05 per share for $37.4M, increasing its stake in Aimia from 16,824,500 shares (19.99%) to 26,059,000 shares (30.96%)
Chelsea Avondale secures Series C financing
Chelsea Avondale secured Series C funding led by MSD Partners, L.P. with participation of American Family Ventures, and others
Vault Payments secures $5M seed financing
Ahmed Shafik and Saud Aziz founded Vault Payments secured $5M seed funding co-led by Gradient Ventures and Fin Capital.
Bloom Finance secures $7M Series A led by SixThirty Ventures
Ben McCabe founded Bloom Finance secured $7M Series A funding led by SixThirty Ventures LLC with participation of private investors. Atul Kamra, SixThirty's Managing Partner, joined Bloom board of directors.
Koïos Intelligence secures $6.5M financing
Koïos Intelligence secured $6.5M funding from Propulia Capital, Canada Economic Development, Export Development Canada, Caisse Desjardins des Technologies and private investors.
Super secures $85M Series C
Snapcommerce dba Super secured $85M Series C funding led by Inovia Capital with participation of Hyphen Capital, EDC, Plaza Ventures, Telstra Ventures, Acrew, Lion Capital, Full In Partners, and individual investors.
Yield Exchange secures $700K pre-seed financing
Yvette Wu, Sampath Ekanayake and Ravi Sumalm founded Yield Exchange secured $700K pre-seed funding from Tiny Capital, Gustavson Capital, Maven Capital Partners, The Firehood, and private investors.
BVI domiciled LayerZero Labs secures US $120M Series B
The British Virgin Islands (BVI) based LayerZero Labs secured US $120M, at US $3B valuation, from a16z crypto, Circle Ventures, Sequoia Capital, OpenSea, Samsung Next, Christie’s and BOND.