Gary Marshall Gary Marshall

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

Maverix Private Equity in connection with Raptor Maps’s securing of $35-million financing

On December 10, 2024, Raptor Maps announced that it raised $35 million in a Series C round that was led by Maverix Private Equity. This round also saw participation from MacKinnon, Bennett & Co. Inc., Blue Bear Capital LLC, Congruent Ventures, Buoyant Ventures Inc. and Y Combinator Inc. Raptor...

Lead Office: Toronto Date Announced: December 10, 2024 Value: $35 million

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: December 3, 2024 Value: US$25 million

Impression Ventures in connection with Ned’s $4.2-million Seed financing

On October 22, 2024, Ned announced it secured $4.2 million of Seed financing in a round led by Impression Ventures. This round also saw participation from Capital Eleven. This financing is a critical point in the financial services sector as lenders are aiming to scale loan books and qualify...

Lead Office: Toronto Date Announced: October 22, 2024 Value: $4.2 million

Andreessen Horowitz in connection with Scribenote’s $8.2-million Seed financing

On September 23, 2024, Scribenote announced it raised $8.2 million in a Seed financing round led by Andreessen Horowitz. The round also saw participation from Inovia Capital, Velocity Fund and private investors. Scribenote plans on utilizing the funding towards advancing its AI-powered technology...

Lead Office: Toronto Date Announced: September 23, 2024 Value: $8.2 million

Synex Medical in its raising of $21.8-million Series A financing

On September 22, 2024, Synex Medical announced it raised $21.8 million in an oversubscribed Series A financing round. This round saw participation from existing investors including Accomplice, Radical Ventures, Naval Ravikant and new investors including Khosla Ventures, Fundomo and Aravind...

Lead Office: Toronto Date Announced: September 22, 2024 Value: $21.8 million

iNovia Capital in connection with Spare’s $42 million in Series B financing

On September 10, 2024, Spare announced it raised $42 million in a Series B financing round led by iNovia Capital. The company plans to utilize the funding towards matching the high demand for innovative transit solutions with a focus in the paratransit sector. iNovia Capital is a...

Lead Office: Toronto Date Announced: September 10, 2024 Value: $42 million

Maverix Private Equity in Kode Labs’ US$30 Million Series B Financing

On April 15, 2024, Maverix Private Equity announced that it led a US$30 million Series B financing of KODE Labs. This round also saw participation from TELUS Ventures and existing investor I Squared Capital. KODE Labs offers commercial landlords an online platform to manage systems inside...

Lead Office: Toronto Date Announced: April 15, 2024 Value: $30 million