Sylvia McLean (née Rowat)

Rhino Ventures as lead investor in MyFO’s $3.5-million Seed funding round

On October 18, 2024, MyFO announced the closing of its $3.5-million Seed funding round led by Rhino Ventures. The funding will enable MyFO to expand its team, scale its operations to support a growing user base and deepen its product offering.MyFO, based in Vancouver, B.C., is the fastest-growing...

Lead Office: Vancouver Date Announced: Oct 18, 2024 Value: $3.5 million

Teal Platforms in its acquisition by Mercury Technologies

On September 6, 2024, Mercury Technologies, Inc. announced its acquisition of Teal Platforms, Inc. Mercury seeks to leverage Teal’s talent, technology and expertise to simplify complex financial workflows and deepen Mercury’s investments in and relationships with accountants. Teal...

Lead Office: Vancouver Date Announced: Sep 6, 2024 Value: --

Raven Indigenous Capital Partners in connection with RUNWITHIT Synthetics’ multi-million-dollar financing round

On August 28, 2024, RUNWITHIT Synthetics Inc. announced that it had secured a multi-million-dollar investment from Raven Indigenous Capital Partners. RUNWITHIT plans to use the funds to fuel product innovation and bring their platform to more cities and communities in North America and...

Lead Office: Vancouver Date Announced: Aug 28, 2024 Value: --

Clio in its record-setting US$900-million Series F investment round led by New Enterprise Associates (NEA)

On July 23, 2024, Clio announced the closing of its US$900-million Series F investment round, at a US$3-billion valuation, led by New Enterprise Associates (NEA) and including new investors Goldman Sachs Asset Management, Sixth Street, CapitalG, and Tidemark. This deal represents the largest...

Lead Office: Vancouver Date Announced: Jul 23, 2024 Value: US$900 million

BDC Thrive Lab in connection with Save da Sea's $650,000 Seed funding round

On May 2, 2024, Save da Sea announced the closing of a $650,000 Seed financing round. The round was led by BDC Capital's Thrive Lab with participation from Spring, What If Ventures and York University’s YSpace. The investment will empower Save da Sea to accelerate its expansion in the US while...

Lead Office: Vancouver Date Announced: May 2, 2024 Value: $650,000

MarineLabs in its closing of a $4.5 million seed funding round

On March 13, 2024, MarineLabs announced it closed a $4.5 million seed funding round led by BDC Capital’s Sustainability Venture Fund with participation from Seaspan Shipyards. MarineLabs plans to use the funding to advance CoastAware, their flagship product. CoastAware provides real-time weather...

Lead Office: Vancouver Date Announced: Mar 13, 2024 Value: $4.5 million

Active Impact in its securing of over $70 million for its third fund

On November 21, 2023, Active Impact announced that it has secured over $70 million for its third fund out of its goal of $120 million. The fund was co-anchored by Northleaf Capital Partners and Fondaction and had participation from Co-operators Corporate Venture Capital Fund, Deloitte...

Lead Office: Vancouver Date Closed: November 21, 2023 Value: $70 million

ProShop ERP (Adion Systems Inc.) in its CAD$42 million growth investment from Mainsail Partners

On July 19, 2023, ProShop ERP announced the closing of their CAD$42 million growth equity investment from Mainsail Partners. The company plans to utilize the funding to expedite product development and market expansion. ProShop ERP is a Vancouver-based provider of enterprise resource planning...

Lead Office: Vancouver Date Closed: July 19, 2023 Value: $42 million

Pender Ventures in connection with Traction Complete’s $5 million Series A financing round

On January 24, 2023, Traction Complete announced the closing of its $5 million Series A investment round led by Pender Ventures with participation by Thomvest Ventures. Through this funding, Traction Complete will focus on client relationships through advancing their marketing...

Lead Office: Toronto Date Closed: January 24, 2023 Value: $5 million

Evok Innovations Inc. and BDC Capital’s Climate Tech Fund in connection with Summit Nanotech Corporation’s US$50 million Series A2 funding

On January 18, 2023, Summit Nanotech Corporation announced that they raised US$50 million in a Series A2 financing round. This round was led by EVOK Innovations Inc. and BDC Capital’s Climate Tech Fund with participation from Xora Innovation, Capricorn Investment Group, Volta Energy...

Lead Office: Toronto Date Closed: January 18, 2023 Value: $50 million