FDF Brandz acquires Serruya-backed Famoso pizza chain
Canadian restaurant franchising company FDF Restaurant Brandz has acquired Famoso Neapolitan Pizzeria, a pizza chain with 30 locations in Alberta, British Columbia, Ontario and Saskatchewan. No...
View ArticleCrown Capital lends $12 mln to DCM to fund Perennial buy
Canadian specialty finance firm Crown Capital Partners has provided a $12 million term loan to DATA Communications Management Corp (TSX: DCM), a Brampton, Ontario-based business communication solutions...
View ArticleProfound Medical taps HIG’s Aaron Davidson as CFO, senior VP
Profound Medical Corp (TSX-V: PRN), a Toronto-based medical device company focused on treatments for prostate cancer and other diseases, has appointed Aaron Davidson as CFO and senior vice-president of...
View ArticleOCGC commits $55 mln to Yaletown, Emerald funds
Ontario Capital Growth Corp (OCGC), the venture capital agency of the Ontario government, has invested in two venture capital firms as part of its mandate to support the growth of clean technology...
View ArticleMindBridge Ai nabs $8.4 mln in Real Ventures-led Series A
Ottawa-based financial technology startup MindBridge Analytics Inc has raised $8.4 million in a Series A financing, bringing its total funding to $15 million. Real Ventures, which invested in...
View ArticleiNovia Capital leads $10.3 mln Series A funding of BenchSci
BenchSci, a Toronto-based artificial intelligence-powered search engine for biological products, has raised about $10.3 million (US$8 million) in a Series A financing. The round was led by Canadian...
View ArticleVista’s Cvent to acquire venture-backed QuickMobile
Cvent Inc has agreed to acquire QuickMobile Inc, a Vancouver-based developer of mobile event apps. No financial terms were released for the deal, which is expected to close this month. Cvent, a U.S....
View ArticlePortag3 Ventures backs Quovo’s Canadian expansion
Quovo, a U.S. data platform that provides connectivity to consumer financial accounts, has expanded into the Canadian market. The initiative was backed by an undisclosed investment from Portag3...
View ArticleiNovia Capital leads $8 mln Series A funding of BenchSci
BenchSci, a Toronto-based artificial intelligence-powered search engine for biological products, has raised about $8 million in Series A financing. The round was led by Canadian venture capital firm...
View ArticleC2RO raises $1.4 mln to advance collaborative cloud robotics
Collaborative cloud robotics platform C2RO Cloud Robotics Inc has secured about $1.4 million (US$1.1 million) in a seed-stage financing. U.S. venture capital firm Harbor Street Ventures led the round...
View ArticleRaven Telemetry scores $6.1 mln, Fresh Founders invests
Raven Telemetry, an artificial intelligence company focused on the manufacturing sector, has secured $6.1 million from a group of angel investors. Fresh Founders, including Shopify’s Tobi Lütke and...
View ArticleClairvest, Great Canadian Gaming pay $134 mln for casinos
Great Canadian Gaming Corp (TSX: GC) and Canadian private equity firm Clairvest Group have closed their acquisition of casino assets in the West Toronto region. Terms weren’t disclosed at the time of...
View ArticleOrion invests $58 mln in Leagold’s buy of Brio Gold
Orion Mine Finance has agreed to invest about $58 million (US$45 million) in Leagold Mining Corp (TSX: LMC), a Vancouver-based company focused on mid-tier gold production opportunities in Latin...
View ArticleStingray to acquire Newfoundland Capital for $506 mln
Stingray Digital Group Inc (TSX: RAY.A-.B) has agreed to acquire Newfoundland Capital Corp Ltd (NCC), the Dartmouth, Nova Scotia-based owner and operator of Newcap Radio. Stingray agreed to pay about...
View ArticleSalesforce launches $100 mln Canada Trailblazer Fund
Salesforce Ventures, the venture capital arm of U.S. technology giant Salesforce (NYSE: CRM), has launched the Canada Trailblazer Fund, a US$100 million ($128 million) fund to invest in startups and...
View ArticleLynx Equity acquires U.S. flooring products specialist
Lynx Equity has acquired Flooring Solutions Inc, a commercial flooring contractor based in Livermore, California. No financial terms were disclosed. Flooring Solutions provides a range of flooring...
View ArticleBackground check app Certn seeded by VCs, angels
Certn, a Victoria, British Columbia-based background check platform, has raised a seed-stage financing. No financial terms were disclosed; however, Betakit said the round’s value is $975,000. Atrium...
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The new iNovia Capital and Canada’s scaling VC industry
Canada’s venture industry is entering a new evolutionary phase as leading firms unveil big, bold plans for scaling brands, taking on new challenges, and filling market gaps. INovia Capital, a 10-year...
View ArticleThe new iNovia Capital and Canada’s scaling VC industry
Subscription RequiredCanada’s venture industry is entering a new evolutionary phase as leading firms unveil big, bold plans for scaling brands, taking on new challenges, and filling market gaps. INovia...
View ArticleAvrio Capital leads $13 mln growth funding of Sol Cuisine
Sol Cuisine Inc, a Toronto-based alternative protein brand, has secured $13 million in growth financing led by Avrio Capital, a Canadian food and agriculture technology investor. Export Development...
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