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TIMIA provides $2 mln in revenue funding to Rise People

TIMIA Capital Corp has provided a funding facility of $2 million to Rise People Inc, a digital human resources and group health insurance platform based in Vancouver. A disbursement of an initial $1.5...

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TorQuest Partners invests in The TEAM Companies

Canadian private equity firm TorQuest Partners has made an undisclosed investment in The TEAM Companies Inc, a Los Angeles, California-based payroll, business affairs and technology provider to the...

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Blockchain investor NextBlock drops plans to go public

NextBlock Global, a Toronto-based digital asset investment firm, has decided against doing a go-public transaction. The firm, which raised $20 million in July and was looking to raise as much as $100...

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Fraud prevention solution Solink wins $5 mln in funding

Solink Corp, an Ottawa subscription-based fraud prevention solution, has secured $5 million in financing. The round was led by U.S. venture capital firm Generation Ventures and joined by ScaleUp...

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Coconut Software nets $4.2 mln in Information VP-led Series A

Coconut Software Corp, a Saskatoon-based appointment scheduling software provider, has raised $4.2 million in a Series A financing. Canadian venture capital firm Information Venture Partners led the...

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Muse headband maker Interaxon raises $14.8 mln Series B-1

Toronto-based brain health technology platform Interaxon Inc has secured about $14.8 million (US$11.6 million) in a Series B-1 financing. The round was led by Trend Forward Capital, Export Development...

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Coconut Software nets C$4.2 mln in Information VP-led Series A

Coconut Software Corp, a Saskatoon-based appointment scheduling software provider, has raised C$4.2 million in a Series A financing. Canadian venture capital firm Information Venture Partners led the...

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EnerTech partners with ENMAX to commercialize utility tech

Venture capital firm EnerTech Capital has formed a strategic partnership with ENMAX Corp focused on emerging technologies in the utility industry. EnerTech and ENMAX, a Calgary provider of electricity...

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Partner One-owned StrongBox nabs $34.4 mln in funding

StrongBox Data Solutions, a Montréal-based cognitive data management and archive solutions provider, has raised about $34.4 million (US$27 million) in funding. The round was led by Fonds de solidarité...

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Real estate software startup Yongle seeded with $1.5 mln

Yongle Technologies Inc, a Vancouver-based real estate software company for presales, has raised $1.5 million in seed-stage financing. The round’s investors were not identified. Launched in 2014,...

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Beringer acquires digital commerce provider BrandShop

Canadian private equity firm Beringer Capital has acquired BrandShop, a Shelton, Connecticut digital commerce provider. No financial terms were disclosed for the deal, which saw the company’s...

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TriWest-backed Source Energy wraps up $100 mln asset buy

Source Energy Services Ltd (TSX: SHLE) has closed its acquisition of a Northern White proppant mine in Wisconsin, two frac sand terminals located in British Columbia, and exploration rights to more...

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StoneCalibre acquires AVST, merges with XMedius Solutions

U.S. private equity firm StoneCalibre has acquired Applied Voice & Speech Technologies Inc (AVST), a Foothill Ranch, California-based developer of software-based unified communications solutions....

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Amgen helps back $32 mln Series B funding of Fortuna Fix

Laval, Québec-based regenerative medicine company Fortuna Fix Inc has raised about $32 million (US$25 million) in a Series B financing. The round was backed by the venture capital arm of U.S....

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Nautic Partners’ Canada Cartage buys Doyle Transportation

Canada Cartage has acquired Doyle Transportation, a Guelph, Ontario-based provider of fleet outsourcing, full-truckload, and less-than-truckload solutions in Canada and the United States. No financial...

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TSX conditionally OKs Rhône’s $632 mln investment in HBC

Canadian department store retailer Hudson’s Bay Co (TSX: HBC) said the Toronto Stock Exchange has conditionally approved the $632 million (US$500 million) investment in HBC by U.S. private equity firm...

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FirePower taps Anthony Lipschitz as partner, private equity

FirePower Capital has hired Anthony Lipschitz as a partner, private equity. Lipschitz joins the firm from Thinking Capital, where he served as chief strategy officer. He has also worked as a technology...

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Large share of SMEs expect to acquire in five years: BDC

Forty-four percent of Canadian companies with 20 employees or more expect to acquire another business in the coming five years, according to a new report from the Business Development Bank of Canada...

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Venture-backed VarageSale sold to VerticalScope

VerticalScope has bought VarageSale, a Toronto-based buy-and-sell website and mobile app. No financial terms were released. VerticalScope, a Canadian digital media company, said the deal supports its...

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Venture-backed VarageSale sold to VerticalScope

VerticalScope has bought VarageSale, a Toronto-based buy-and-sell website and mobile app. No financial terms were released. VerticalScope, a Canadian digital media company, said the deal supports its...

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