Real Ventures leads $6 mln Series A financing of Logojoy
Logojoy, a Toronto-based artificial intelligence-enabled design platform, has secured $6 million in a Series A financing. The round was led by Canadian early-stage venture capital firm Real Ventures....
View ArticleFreshly funded Drop Technologies acquires Canopy Labs
Drop Technologies has acquired Canopy Labs, a Toronto-based customer-focused predictive analytics software provider. No financial terms were disclosed. Derrick Fung, CEO of Drop, a Toronto-based mobile...
View ArticleQ&A with Boris Wertz, founding partner of Version One Ventures
Version One Ventures is growing its franchise. The Vancouver firm, founded in 2012 by renowned seed investor Boris Wertz, made the decision to expand when raising its third fund. One result was the...
View ArticleArio raises $10 mln from OMERS-backed Purpose Financial
Ario, an Ottawa-based digital banking platform built for enterprises, has secured a $10 million investment. The source of the financing was Purpose Financial LP, a Canadian financial services firm led...
View ArticleRoynat Equity Partners cashes out of St-Méthode Bakery
Canadian mid-market private equity firm Roynat Equity Partners has sold its stake in St-Méthode Bakery (BSM), an Adstock, Québec-based producer and distributor of organic and artisinal breads. No...
View ArticleData centre software provider Kaloom nabs $10 mln in Series A1
Kaloom, a Montréal-based data centre networking software company, has secured $10 million in a Series A1 financing, bringing its total funding to $20.7 million. Fonds de solidarité FTQ and Somel...
View ArticleParallel49-backed CPI to sell Canadian affiliate to Allcard
CPI Card Group Inc (Nasdaq, TSX: PMTS) has agreed to sell its Canadian affiliate to Allcard Ltd, a Cambridge, Ontario-based provider of non-secure card solutions to the gift and loyalty sectors. No...
View ArticleCAI Capital Partners acquires Ansan Traffic Group
Canadian mid-market private equity firm CAI Capital Partners has acquired Ansan Traffic Group Ltd and its affiliates, a Richmond, British Columbia-based provider of traffic management and control...
View ArticleCAI Capital to sell GeoStabilization International to KKR
Canadian mid-market private equity firm CAI Capital Partners has agreed to sell its majority interest in GeoStabilization International LLC (GSI), a Grand Junction, Colorado-based provider of...
View ArticleISARA nabs $13.2 mln in Shasta Ventures-led Series A round
ISARA Corp, a Waterloo-based quantum-safe security software company, has raised about $13.2 million (US$10 million) in a Series A financing. The round was led by Shasta Ventures, a U.S. early-stage...
View ArticleVR orthopaedic solution Precision OS closes $2.3 mln Series A
Precision OS Technology, a Vancouver-based provider of virtual reality (VR) orthopaedic software, has raised $2.3 million in a Series A financing. The round was led by AO Invest, a Swiss medical...
View ArticleAmpersand merges Pacific Biomarkers with Neomed-Labs
Ampersand Capital Partners has acquired Pacific Biomarkers, a Seattle, Washington-based provider of biomarker development and central laboratory testing services. No financial terms were disclosed for...
View ArticleSentinel Capital-backed TLG acquires Luminaire Led
The Luminaires Group (TLG) has acquired Luminaire Led Inc, an Edison, New Jersey-based manufacturer of durable and vandal resistant LED lighting solutions. No financial terms were disclosed. TLG, a...
View ArticleIMCO taps OTPP’s Nicole Musicco as head of private markets
Investment Management Corp of Ontario (IMCO) has appointed Nicole Musicco as senior managing director, private markets, effective January 7. Based in Toronto, Musicco will be responsible for advancing...
View ArticleCPPIB, BCI to invest in $2.3 bln European logistics vehicle
Canada Pension Plan Investment Board (CPPIB) and British Columbia Investment Management Corp (BCI) have agreed to partner with GLP in a new investment vehicle focused on modern logistics facilities in...
View ArticleFan engagement platform Trufan raises $500k from angels
Trufan, a Vancouver-based fan engagement software provider, has raised $500,000 in a pre-seed financing. The round was backed by angel investors, including Manny Padda, managing partner of New Avenue...
View ArticleOaktree, JHR invest $47 mln in restaurant franchisor Foodtastic
Montréal-based restaurant franchising business Foodtastic Inc has secured a $47 million investment from Restaurant Royalty Partners (RRP). RRP is a joint venture of U.S. private investment firms...
View ArticleChalmers Group buys Blue Sage-backed Primus Sterilizer
Chalmers Group of Companies has acquired Primus Sterilizer Co LLC, an Omaha, Nebraska-based maker of steam sterilizers used in laboratories, hospitals and pharmaceutical companies. No financial terms...
View ArticlePanache-backed Communo buys LocalSolo, plans for Series A
Communo, a Calgary-based community of marketing and digital service professionals and agencies, has acquired LocalSolo, a Vancouver-based online network for freelancers. Terms weren’t disclosed....
View ArticlePayPal closes $400 mln acquisition of Primus-backed Hyperwallet
PayPal Holdings Inc (Nasdaq: PYPL) has wrapped up its acquisition of Hyperwallet, a Vancouver-based mass payments solutions provider, for about US$400 million. The deal was announced in June. PayPal...
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