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Properly Inc. in its $36-million financing round

On August 8, 2022, Properly Inc. announced the completion of its $36-million financing round. This equity financing round is joined by Parker89, Bain Capital Ventures, Prudence, FJ Labs, Golden Ventures, Intact Ventures, Max Ventures, AlleyCorp and Interplay, and will extend the company’s...

Lead Office: Toronto Date Closed: August 8, 2022 Value: $36 million

Qui Identity in its $6.5 million financing round

On August 4, 2022, Qui Identity announced the completion of its $6.5 million financing round. Qui Identity is still in the early stages and is focused on developing a product that will accelerate the adoption of decentralized identity. The goal is to work with both consumers and businesses...

Lead Office: Toronto Date Closed: August 4, 2022 Value: $6.5 million

Drax Group in the acquisition of Princeton Standard Pellet Corporation’s pellet plant

On August 3, 2022, Drax Group announced it had signed an agreement with Princeton Standard Pellet Corporation to acquire its pellet plant in Princeton, British Columbia. The plant is expected to contribute to Drax Group’s strategy to increase pellet production to 8 million tonnes a year by 2030...

Lead Office: Toronto Date Closed: -- Value: -

Canalyst in its acquisition by Tegus

On August 2, 2022, Canalyst announced it had been acquired by Tegus, the leading research platform for investors. With this acquisition, Tegus will be able to expand its data offerings and create the first modern research platform purpose-built for fundamental institutional investors. As...

Lead Office: Vancouver Date Closed: August 2, 2022 Value: -

Shopify in its $100 million strategic investment in Klaviyo

On August 2, 2022, Shopify announced it has made a $100 million strategic investment in Klaviyo, an e-commerce marketing automation platform. With this investment, Klaviyo and Shopify will strengthen their existing partnership by making Klaviyo the recommended email product for...

Lead Office: Toronto Date Closed: August 2, 2022 Value: $100 million

Stadium Live in its $12.8 million Series A financing round

On July 28^th, 2022, Toronto-based Stadium Live announced the completion of its $12.8 million Series A financing round. The company’s all-equity Series A round, which closed in late April, was led by KB Partners and Union Square Ventures (USV). It also saw support from Kevin...

Lead Office: Toronto Date Closed: July 28, 2022 Value: $12.8 million

ChiselStrike in its $7 million seed funding round

On July 27, 2022, ChiselStrike announced it had raised $7 million in seed funding led by Norwest Venture Partners, with participation from new investors Blumberg Capital and Netlify's Jamstack Innovation Fund and return investors Essence VC, First Star Ventures and Mango Capital....

Lead Office: Toronto Date Closed: July 27, 2022 Value: $7 million

Ubenwa in its US$2.5 million financing round

On July 25, 2022, Ubenwa announced it had completed its US$2.5 million financing round. The financing round was led by Radical Ventures and saw participation from AIX Ventures, which is a collective of experienced AI stakeholders, as well as Hugo Larochelle and Marc Bellemare from Google Brain. The...

Lead Office: Toronto Date Closed: July 25, 2022 Value: US$2.5 million

Oncoustics in its $5.5 million seed financing

On July 21, 2022, Oncoustics announced it had raised $5.5 million in its seed financing co-led by Creative Ventures and Saltagen Ventures, with participation from NorthSpring Capital Partners, Fraser Kearney Capital and Pallasite Ventures. With this all-equity round, Oncoustics plans to...

Lead Office: Toronto Date Closed: July 21, 2022 Value: $5.5 million

Ratehub in its investment by Novacap

On July 14, 2022, Ratehub Inc. announced its investment by Novacap, a leading North American private equity firm. The partnership will improve Ratehub’s services and assist in solidifying their position in the financial technology industry.Ratehub Inc. is Canada's leading platform...

Lead Office: Toronto Date Closed: July 14, 2022 Value: --