Venture Capital Venture Capital

Intrepid Labs in its raising of US$7 million in Seed funding

On May 12, 2025, Intrepid Labs announced that it raised US$7 million of Seed funding in a round led by AVANT BIO. The funding will be used for expanding Intrepid Labs’ team, accelerating the development of its proprietary delivery technologies and scaling commercial operations to match the...

Lead Office: Toronto Date Announced: 12 May 2025 Value: US$7 million

Deck Software in its US$12-million Series A financing round

On April 16, 2025, Deck Software announced that it completed a US$12-million Series A financing round, led by Infinity Ventures. This brings the total raised to US$16.5 million since its launch in January 2024. With this financing, Deck Software aims to build the infrastructure for...

Lead Office: Toronto Date Announced: 16 April 2025 Value: US$12 million

Xaba in its $8-million Seed extension financing

On April 14, Xaba announced it raised $8 million in a Seed extension financing led by Hitachi Ventures and with participation from Hazelview Ventures, the Crown corporation BDC Capital, Exposition Ventures and Impact Venture Capital. Xaba plans to use the financing towards improving the...

Lead Office: Toronto Date Announced: April 14, 2025 Value: $8 million

Adaptis Technologies in its US$4-million Seed financing

On April 8, 2025, Adaptis Technologies announced US$4 million in Seed financing. The firm plans to use this new capital towards expanding operations in Canada and the United States. Adaptis Technologies is a sustainability startup for whole life cycle carbon reduction planning of existing and...

Lead Office: Toronto Date Announced: April 8, 2025 Value: US$4 million

Tailscale in its US$160-million Series C financing

On April 8, 2025, Tailscale announced that it raised US$160 million of Series C financing. This round was led by Accel and had participation from returning investors including CRV, Insight Partners, Heavybit and Uncork Capital. Tailscale plans to utilize the funding towards its global expansion...

Lead Office: Toronto Date Announced: April 8, 2025 Value: US$160 million

Ribbon AI in its $8-million financing

On March 31, 2025, Ribbon AI announced that it raised $8 million of funding. This round was led by Radical Ventures and had participation from Social Leverage, Cadenza Ventures and GD1. The company plans on utilizing the funding towards expanding operations and development initiatives. Ribbon...

Lead Office: Toronto Date Announced: 31 May 2025 Value: $8 million

Page Technologies in its raising of $4.1 million of Seed funding

On March 20, 2025, Page Technologies announced that it raised $4.1 million in seed funding. This funding round was led by Twelve Below and saw participation from Go Global Ventures and Canaan Partners. The company plans to utilize the funding to expand its services into the United States and...

Lead Office: Toronto Date Announced: March 20, 2025 Value: $4.1 million

Sprout Family in its raising of $1.7 million of Pre-Seed financing

On March 20, 2025, Sprout Family announced it closed a $1.7-million Pre-Seed financing round. This all-equity round was led by StandUp Ventures and saw participation from Blue Collective, MaRS Investment Accelerator Fund, The51, Boon Fund and some undisclosed Canadian angel investors.  Sprout...

Lead Office: Toronto Date Announced: March 20, 2025 Value: $1.7 million

Evok Innovations and BDC Capital’s Climate Tech Fund in connection with Summit Nanotech Corporation’s US$25.5-million funding round

On March 19, 2025, Summit Nanotech Corporation announced that it secured a US$25.5-million funding round led by Evok Innovations and BDC Capital’s Climate Tech Fund. This round also saw participation from Xora Innovation, Capricorn Investment Group, LG Technology Ventures and Japanese mining...

Lead Office: Toronto Date Announced: March 19, 2025 Value: US$25.5 million

PurposeMed in its growth financing round led by True North Fund

On March 4, 2025, PurposeMed announced the successful completion of its growth financing round led by True North Fund, with major participation by BDC and Panache Ventures. PurposeMed is a Calgary-based, high-growth digital health company that provides accessible and specialized healthcare...

Lead Office: Vancouver Date Announced: March 4, 2025 Value: --