Beanworks Solutions secured $10.1 million Series B from FINTOP Capital, BDC Capital’s Women in Technology Venture Fund, new and existing investors
Ledn, Canada's first cryptoasset-backed lender, raised $1.55M in seed financing led by Andrew Clark, co-CEO of Spark Power Group, and Someren Capital
Fintech private label credit card issuer, Fexliti, secured $80 million mezzanine debt facility from Credit Suisse Asset Management.
Ontario Teachers' Pension Plan acquired Kanetix Ltd. from Monitor Clipper Partners (MCP), Torstar (TSX: TS.B), Alan Ellis and other shareholders.
Progressa closed $84M equity and loan funding round and prepares for IPO. Canaccord Genuity Corp. and Gravitas Securities Inc. co-led equity round. Progressa has now raised over $15M of equity capital since inception.
impak Finance secured $1.1M seed funding from Anges Québec, Anges Québec Capital, as well as private investors from Canada and France.
Xero (ASX: XRO) acquired Hubdoc from co-founders, Jamie McDonald and Jamie Shulman, BDC Capital, Round13 Capital, Hyde Park Venture Partners, other shareholders
Madison Dearborn Partners (MDP) to back Navacord management led buyout of minority shareholder, Fairfax Financial Holdings
Flinks Technology raised undisclosed amount in 1st round of financing from National Bank, Luge Capital, Innostart Capital, Panache, iNovia Capital and Conconi Growth Partners.
GFT Technologies SE (ETR: GFT) acquired Québec City based V-NEO Inc., IT specialist focused on the insurance industry
Caisse de dépôt et placement du Québec through Fonds Relève CDPQ acquired a minority stake in BFL Canada for undisclosed amount.
TouchBistro secured $72M Series D from OMERS Ventures, JPMorgan Chase, Napier Park Financial Partners, Recruit Holdings Co, BDC Capital, Relay Ventures and others.