Emerging and High Growth Companies Emerging and High Growth Companies

Impression Ventures in 401GO’s $33-million Series B financing

On December 9, 2025, 401GO announced it raised $33 million of Series B Financing in a round that was led by Centana Growth Partners and had participation from Impression Ventures, Next Frontier Capital and Rally Ventures. Impression Ventures is a Toronto-based venture capital firm that invests...

Lead Office: Toronto Date Announced: December 9, 2025 Value: $33 million

Morphocell Technologies Inc. in its completion of US$50-million Series A

On December 2, 2025, Morphocell Technologies Inc. announced it completed US$50-million Series A financing following a US$10-million add-on led by Investissement Québec. Morphocell Technologies Inc. is a biotechnology company. Osler, Hoskin & Harcourt LLP advised Morphocell Technologies...

Lead Office: Montreal Date Announced: December 2, 2025 Value: US$50 million

Feroot Security in its $14-million Series A financing

On November 19, 2025, Feroot Security announced that it raised $14 million of Series A financing. This round was led by True Ventures and saw participation from Industry Ventures, Preface Ventures and Y Combinator. The funding will be used towards expanding Feroot's AI Agent capabilities, scaling...

Lead Office: Toronto Date Announced: November 19, 2025 Value: $14 million

Clio in its US$1-billion acquisition of vLex and US$500-million Series G investment round

Osler advised Clio in its acquisition of vLex for US$1billion. This acquisition is the largest M&A transaction in the legal technology sector in history. Alongside this transaction, Clio announced a US $500-million Series G funding round at a US$5-billion valuation led by New Enterprise...

Lead Office: Vancouver Date Closed: November 10, 2025 Value: US$1billion

Accion in connection with Solfium securing US$7-million Series A financing

On November 5, 2025, Solfium announced that it closed US$7 million of its US$10-million of Series A financing. This investment was led by Accion and ALIVE Ventures and saw participation from Kamay Ventures. Accion is a global nonprofit organization. Solfium is a solar energy company....

Lead Office: Toronto Date Announced: November 5, 2025 Value: US$7 million

Wealthsimple in its $750-million Series E round at a post-money valuation of $10 billion

On October 27, 2025, Wealthsimple announced that it has signed a Series E round of up to $750 million at a post-money valuation of $10 billion. The round, which includes both a $550-million primary offering and a secondary offering of up to $200 million, is co-led by Dragoneer Investment Group and...

Lead Office: Toronto Date Announced: October 27, 2025 Value: $750 million

Beacon Software in its US$250-million Series B financing

On November 4, 2025, Beacon Software announced that it secured US$250 million in Series B financing. This round was led by General Catalyst, D1 Capital and Lightspeed Venture Partners and saw participation from BDT & MSD Partners, Chris Rogers (CEO of Instacart) and Sator Grove. With this new...

Lead Office: Toronto Date Announced: November 4, 2025 Value: US$250 million

Farm Credit Canada in its investment in Maple Bridge Ventures

On October 28, 2025, Maple Bridge Ventures announced the successful close of $10.2 million for its debut fund — Canada’s first institutional-grade investment vehicle dedicated to immigrant-led technology entrepreneurs, a group typically underserved by traditional investment solutions. The...

Lead Office: Vancouver Date Announced: October 28, 2025 Value: $10.2 million

Kompliant in its acquisition by LegitScript

On October 27, 2025, Kompliant Inc. announced that it was acquired by LegitScript. This acquisition enhances LegitScript’s position as a leading provider of risk intelligence and compliance solutions. Kompliant Inc. is an emerging platform designed for financial institutions. Osler,...

Lead Office: Toronto Date Announced: October 27, 2025 Value: --

Cybrid in its $10-million Series A financing

On October 22, 2025, Cybrid Technology announced it completed a $10-million Series A funding round led by the Growth Venture Fund at BDC Capital with participation from Golden Ventures, Luge Capital and Panache Ventures. This financing will accelerate Cybrid’s mission to drive stablecoins as the...

Lead Office: Toronto Date Announced: October 22, 2025 Value: $10 million