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Parity Inc. in its closing of a US$4 million loan facility from NY Green Bank

On September 12, 2023, Parity Inc, announced its securing of a US$4 million loan facility from NY Green Bank. Parity Inc. plans on using this financing towards their HVAC optimization solutions for energy efficiency in New York. It is noted that this NY Green Bank’s first transaction...

Lead Office: Montreal Date Closed: September 12, 2023 Value: $4 million

Northside Ventures in its launch of US$6.25 million fund

On September 5th, 2023, Northside Ventures announced it raised US $6.25 million for its initial fund. With this investment, Northside Ventures intends to back Canadian founders on both sides of the border right from the inception stage. With a target fund size of $15 million, they...

Lead Office: Toronto Date Closed: September 5, 2023 Value: US$6.25 million

AuTECO Minerals in its acquisition of the Green Bay Copper-Gold Project

On August 31, 2023, AuTECO Mining announced that it has agreed to purchase the Green Bay copper-gold project located in Newfoundland, Canada. The deal, valued at $55 million, encompasses the Ming Mine and Nugget Pond processing facility. Bids for the project were solicited under the CCAA...

Lead Office: Vancouver Date Closed: -- Value: $55 million

FlipGive in its $5 million Series B financing round

On August 30th, 2023, FlipGive announced it raised $5 million in a Series B financing round co-led by Thrive Venture Fund at BDC Capital and Framework Venture Partners. FlipGive plans to use this funding to further grow the FlipGive direct-to-consumer app across North America, and to scale...

Lead Office: Toronto Date Closed: August 30, 2023 Value: $5 million

Ideogram in its launching of their platform with $22.3 million of seed funding

On August 24, 2023, Ideogram launches its platform with $22.3 million of seed funding. This round was led by a16z and Index Ventures and saw participation from AIX Ventures, Golden Ventures, and Two Small Fish Ventures. The company plans on utilizing the funding for their generative artificial...

Lead Office: Toronto Date Closed: August 24, 2023 Value: $22.3 million

Behaviour Interactive in its acquisition of Codeglue

On August 22, 2023, Behaviour Interactive completed its acquisition of Codeglue. This transaction represents Behaviour Interactive’s third European acquisition, allowing the company to access new gaming talent and further expand. Behaviour Interactive, headquartered in Montreal, is Canada’s...

Lead Office: Montreal Date Closed: August 22, 2023 Value: -

SK On in connection with an $1.2 billion investment with Ford and EcoPro BM in the Province of Québec

On August 17, 2023, SK On, EcoPro BM, and Ford announced an investment of $1.2 billion to build a cathode active materials (CAM) manufacturing facility that will provide materials for the supply of batteries for Ford’s future electric vehicles (EVs). This new facility represents the parties’...

Lead Office: Montreal Date Closed: August 17, 2023 Value: $1.2 billion

Voiceflow Inc. in its raising of US$15 million

On August 15, 2023, Voiceflow announced that it raised US$15 million in a funding round led by OpenView Venture Partners. The company plans to utilize the funding towards integrating artificial intelligence capabilities into its unique conversation design platform.Voiceflow is a platform that...

Lead Office: Toronto Date Closed: August 15, 2023 Value: US$15 million

Innerspace in its $10 million Series A financing round

On August 15, 2023, Innerspace announced that they raised $10 million in a Series A financing round led by Yaletown Partners. This round also saw participation from existing investors including BDC and MaRS’ Investment Accelerator Fund (IAF). The company plans on utilizing this funding...

Lead Office: Toronto Date Closed: August 15, 2023 Value: 10 million

Mind Medicine in its US$50 million senior secured credit facility with K2 HealthVentures

On August 14, 2023 , Mind Medicine (MindMed) announced it entered into a senior secured credit facility totaling US$50 million with K2 HealthVentures. Upon closing, US$15 million of the US$50 million loan facility was funded. Additional funding amounts of up to an aggregate of US$20 million...

Lead Office: Vancouver Date Closed: August 14, 2023 Value: US$50 million