Chad Bayne

Starboard in its US$5.5-million Seed financing

On December 20, 2024, Starbord Systems announced the closing of its US$5.5-million Seed financing led by Eclipse, with participation from existing investors Garuda Ventures and Everywhere Ventures. The new funding will be used to fuel Starboard’s mission in creating the default digital...

Lead Office: Toronto Date Announced: Dec 20, 2024 Value: US$5.5 million

Blue J in its securing of Series C financing from Ten Coves Capital

On December 17, 2024, Blue J announced its securing of its Series C investment round led by Ten Coves Capital. This investment will be used for advancing Blue J’s goal of advancing tax research using artificial intelligence technology. Blue J operates as a leading provider of generative...

Lead Office: Toronto Date Announced: Dec 17, 2024 Value: --

SRTX in its US$25-million convertible debt financing

On December 3, 2024, SRTX announced that it secured US$25 million in convertible debt financing from Investissement Québec, the Québec government’s investment arm. The company plans on utilizing the funding to scale its wholesale manufacturing operations. SRTX is a Montréal-based company...

Lead Office: Toronto Date Announced: Dec 3, 2024 Value: US$25 million

Healthkind in its closing of a $1.26-million Seed financing round

On December 2, 2024, Healthkind  announced the closing of a $1.26-million Seed financing round through BDC’s $100-million social impact fund for women-led businesses. This financing will be utilized towards the company’s goal of patient-clinic communications. Healthkind operates as a...

Lead Office: Toronto Date Announced: Dec 2, 2024 Value: $1.26 million

Neo Financial Technologies in its raising of $362 million in Series D financing

On November 11, 2024, Neo Financial Technologies announced its raising of $362 million in a Series D financing round. This financing is composed of $112 million of equity and $250 million in debt. The company plans on utilizing the funding towards expanding its offerings to Canadians. The...

Lead Office: Toronto Date Announced: Nov 11, 2024 Value: $362 million

Wyvern in its raising of a US$6-million financing

On October 18, 2024, Wyvern announced its raising of a US$6-million strategic investment round. This funding was led by Squadra Ventures and saw participation from Uncork Capital, Y Combinator, the College of Alberta Innovation Fund, Speed up Fund III and Brent Perrot. The company plans to utilize...

Lead Office: Toronto Date Announced: Oct 18, 2024 Value: $6 million

Fable in its raising of US$25 million of Series B financing

On October 16, 2024, Fable announced that it raised US$25 million of Series B financing with the sole participant being Five Elms Capital. The company will utilize this new capital towards providing support for individuals with hearing and cognitive disabilities. Furthermore, the company will...

Lead Office: Toronto Date Announced: Oct 16, 2024 Value: US$25 million

Deck Software in its raising of $6.2 million of Seed financing

On October 15, 2024, Deck Software announced that it raised $6.2 million in a Seed financing round. This all-equity, all-primary round was co-led by Golden Ventures and Better Tomorrow Ventures. This round also saw participation from Luge Capital. Deck Software is a new application programming...

Lead Office: Toronto Date Announced: Oct 15, 2024 Value: $6.2 million

Motion Creative Cloud in its raising of US$30-million Series B financing

On September 19, 2024, Motion Creative Cloud announced its raising of US$30 million in a Series B financing round. This round was led by Inovia Capital and saw participation from Threshold Ventures and other existing investors including Silicon Valley investors: Headline, Abstract Ventures and...

Lead Office: Toronto Date Announced: Sep 19, 2024 Value: US$30 million

Rebelstork in its raising of US$18 million of Series A financing

On September 19, 2024, Rebelstork announced its closing of a US$18-million Series A financing round led by Maveron. This round also saw participation from Serena Ventures, Marcy Ventures Partners and existing investor Golden Ventures. The company plans on utilizing the funding towards building its...

Lead Office: Toronto Date Announced: Sep 19, 2024 Value: $18 million