Representative Work Representative Work

Taalas in its raising of US$169 million

On February 19, 2026, Taalas announced that it raised $169 million and developed a chip capable of using artificial intelligence applications faster and more cost effectively than traditional approaches. Taalas is an artificial intelligence chip startup based in Toronto. Osler, Hoskin &...

Lead Office: Toronto Date Announced: February 19, 2026 Value: US$169 million

Mécadémic in its raising of $21 million

On February 18, 2026, Mécadémic announced it has raised $21 million. This investment was led by Investissement Québec (IQ) and saw additional participation from Export Development Canada (EDC) and the Business Development Bank of Canada (BDC). This new capital will drive product innovation and...

Lead Office: Toronto Date Announced: February 18, 2026 Value: $21 million

Shakudo in its US$7-million financing

On February 17, 2026, Shakudo announced that it had completed a US$7-million financing round, led by Wittington Ventures. The financing will assist with the company’s expansion to the United States and launch of new products. Shakudo offers an end-to-end platform designed to help businesses...

Lead Office: Montreal Date Announced: February 17, 2026 Value: US$7 million

Modem in its closing of US$4.4-million Pre-Seed financing

On February 10, 2026, Modem announced it closed a US$4.4-million Pre-Seed financing round led by Accel, with participation from Inovia Capital and several angel investors. The company plans to utilize the funding to assist developers in shipping faster. Modem is an AI product management...

Lead Office: Toronto Date Announced: February 10, 2026 Value: US$4.4 million

Diversified Royalty Corp. in its $69-million public offering of convertible debentures

On February 9, 2026, Diversified Royalty Corp. (DIV) completed its bought deal public offering of $60,000,000 aggregate principal amount of 5.75% convertible unsecured subordinated debentures (the Debentures) due March 31, 2031 (the Offering). The Offering was conducted by a syndicate of...

Lead Office: Vancouver Date Announced: February 9, 2026 Value: $69 million

Bitfarms in its plan to redomicile from Canada to the U.S. and intent to rebrand as Keel Infrastructure

On February 6, 2026, Bitfarms Ltd. (Bitfarms) announced that its board of directors approved a plan of arrangement pursuant to which Bitfarms will redomicile from Canada to the United States, subject to the receipt of shareholder, stock exchange and court approvals. This transition will allow for...

Lead Office: Toronto Date Announced: February 6, 2026 Value: --

Aritzia in connection with a $209-million secondary offering of shares

On January 29, 2026, Aritzia Inc. (Aritzia) closed its secondary offering of 1,602,000 subordinate voting shares held by Brian Hill, Founder and Executive Chair of Aritzia, together with certain entities owned and/or controlled directly or indirectly by him, or him and his immediate family. The...

Lead Office: Toronto Date Closed: January 29, 2026 Value: $209 million

Neo Financial in its $68.5-million equity financing

On February 3, 2026, Neo Financial announced that it secured $68.5 million in an oversubscribed round led by a syndicate of more than 100 Canadian founders, entrepreneurs and institutional investors, including Alberta Investment Management Corporation (AIMCo), Northleaf Capital Partners, Plaza...

Lead Office: Toronto Date Announced: February 3, 2026 Value: $68.5 million

Teamworks Innovations Inc. in connection with its acquisition of Sportlogiq Inc.

On January 16, 2026, Teamworks Innovations Inc. announced that it acquired Sportlogic Inc. This acquisiton will strengthen its AI capabilities and hockey user base. Teamworks is a U.S.-based technology company offering a unified “Operating System for Sports” platform that enables teams and...

Lead Office: Montreal Date Announced: January 26, 2026 Value: --

Waabi in its US$1-billion financing

On January 28, 2026, Waabi announced that it secured US$1 billion in financing. This marks one of the largest funding rounds in Canadian tech history to date which consisted of a US$750-million Series C financing co-led by Khosla Ventures and G2 Venture Partners and an additional milestone-based...

Lead Office: Toronto Date Announced: January 28, 2026 Value: US$1 Billion