Export Development Canada, Canadian Business Growth Fund & Investissement Quebec

Export Development Canada, Canadian Business Growth Fund & Investissement Quebec in connection with Amilia Technologies’ $30 million financing round

Client

Export Development Canada, Canadian Business Growth Fund & Investissement Quebec

Value

$30 million

Service

Emerging and High Growth Companies

Date Closed

May 2022

Industry

Technology

Lead Office

Montréal

 

On May 25, 2022, Amilia Technologies, a leading tech company bringing eCommerce to the world of activities, announced they had closed their $30 million financing round led by the Canadian Business Growth Fund (CBGF), Export Development Canada (EDC), and Investissement Québec (IQ). The investment will be used to drive Amilia's mission to broaden access to eCommerce for community organizations and activity businesses through its innovative SmartRecTM platform.

The Canadian Business Growth Fund (CBGF) provides long-term, patient, minority capital to ambitious entrepreneurs.

Export Development Canada (EDC) is a financial Crown corporation dedicated to helping Canadian companies of all sizes succeed on the world stage.

Investissement Quebec's mission is to play an active role in Quebec's economic development by stimulating business innovation, entrepreneurship and business acquisitions, as well as growth in investment and exports.

Osler, Hoskin & Harcourt LLP advised Export Development Canada, Canadian Business Growth Fund & Investissement Quebec with a team consisting of Shahir Guindi (Corporate), Calvin Leung and Yulia Yugay (Emerging and High Growth Companies).