Technology Technology

Kaelus in its acquisition by Baylin Technologies

On May 29, 2026, Baylin Technologies announced that it had completed the previously announced acquisition of Sweden-based Kaelus for a purchase price of approximately 285 million SEK (Swedish krona), or approximately C$42 million. Kaelus is a global provider of wireless infrastructure antenna...

Lead Office: Toronto Date Announced: May 29, 2026 Value: SEK 285 million

Beacon Software in its US$225-million Series C financing

On June 9, 2026, Beacon Software announced that it raised US$225 million in a Series C round led by General Catalyst and HarbourVest with participation from Lightspeed, Intrepid Growth Partners, Valiant Peregrine, BDT & MSD Partners’ affiliated funds, Journey LP, Sator Grove and other...

Lead Office: Toronto Date Closed: -- Value: US$225 million

Nord Quantique in its US$30-million financing to reach a US$1.4-billion valuation

On May 19, 2026, Nord Quantique announced that it secured US$30 million in funding. This investment will support the advancement of the company’s goal towards fault tolerance in 2030. Due to the investment, the company also reaches a US$1.4-billion valuation. Nord Quantique creates quantum...

Lead Office: Toronto Date Announced: May 19, 2026 Value: US$30 million

Xanadu in its US$300-million synthetic at-the-market program

On May 21, 2026, Xanadu Qunatum Technologies Limited (Xanadu) announced that it has entered into a synthetic at-the-market equity facility for up to US$300 million (the program) with YA II PN, Ltd. (Yorkville Advisors). Xanadu intends to use the net proceeds, if any, for working capital and...

Lead Office: Toronto Date Announced: May 21, 2026 Value: US$300 million

Quantum Bridge in its $8-million Series A financing

On May 20, 2026, Quantum Bridge announced that it secured $8 million of Series A funding. The round was led by Primo Capital SGR to accelerate the global transition to quantum-safe cybersecurity infrastructure. Quantum Bridge offers quantum-safe cybersecurity products and services. Osler,...

Lead Office: Toronto Date Announced: May 20, 2026 Value: $8 million

Maneva in its $10-million Seed financing

On March 7, 2026, Maneva announced it secured $10 million of Seed financing. This round was co-led by Bling Capital and Freestyle Capital.  Maneva is an industrial technology company. Osler, Hoskin & Harcourt LLP advised Maneva with a team consisting of David Jamieson and AJ Case...

Lead Office: Toronto Date Announced: March 7, 2026 Value: $10 million

Biossil Inc. in its US$43-million financing round

On April 21, 2026, Biossil Inc. announced its US$43-million financing round co-led by Founders Fund and OpenAI. The financing will be used to support the company’s mission of offering previously failed drugs a chance to advance to approval at a fraction of traditional cost and...

Lead Office: Toronto Date Announced: April 21, 2026 Value: US$43 million

Flora Fertility in its $5-million Seed financing

On April 7, 2026, Flora Fertility announced it closed a $5-million Seed financing round. The round was led by ManchesterStory, with participation from Slauson & Co, TruStage Ventures and BDC Capital, Marathon Fund and Adara Venture Capital. Flora Fertility is transforming how fertility...

Lead Office: Toronto Date Announced: April 7, 2026 Value: $5 million

ViewsML’s $4.9-million Series Seed funding led by Wittington Ventures

On April 20, 2026, ViewsML Technologies Inc. announced that it closed $4.9 million in Series Seed equity funding to support the commercialization of its AI-powered platform. The Vancouver-based startup is focused on helping clinicians and scientists analyze human tissue samples virtually, using...

Lead Office: Vancouver Date Announced: April 20, 2026 Value: $4.9 million

Metro Supply Chain Group in its joining NX Group

On April 17, 2026, Metro Supply Chain Group announced that LDC Metro Holdings Inc. (LDC), its majority shareholder, together with La Caisse, entered into an agreement for the sale of Metro Supply Chain Group to Nippon Express Holdings Inc. (NX Group), a global logistics group headquartered in...

Lead Office: Montreal Date Announced: April 17, 2026 Value: $2.2 billion