Ryan Unruch

Viggle AI in its securing of $26 million Series A financing

On August 26, 2024, Viggle AI announced it had secured $26 million of Series A financing. The company plans to utilize the funding towards the growth of its platform which integrates artificial intelligence to assist users with building videos. This round was led by a16z and saw participation from...

Lead Office: Toronto Date Announced: Aug 26, 2024 Value: $26 million

Agilysys in its US$150 million acquisition of Book4Time

On August 20, 2024, Agilysys announced that it has acquired Book4Time for US$150 million. The acquisition will increase the portfolio of digital products and services Agilysys offers customers globally. Agilysys operates as a leading provider of hospitality software solutions and...

Lead Office: Toronto Date Announced: Aug 20, 2024 Value: US$150 million

Cohere announced it has raised US$500 million in its Series D financing round at a US$5.5 billion valuation

On July 22, 2024, Cohere announced that it closed its Series D financing round, raising US$500 million with a US$5.5 billion valuation. The round was led by PSP Investments and included investments from NVIDIA, Fujitsu, Cisco, AMD Ventures and Export Development Canada. This round of financing...

Lead Office: Toronto Date Announced: Jul 22, 2024 Value: US$500 million

PathFactory in its strategic acquisition of Uberflip

On July 15, 2024, PathFactory announced its strategic acquisition of UberFlip, which was conducted through a stock-for-stock transaction. The combined entity, which will lead under the PathFactory name will be strongly positioned to equip B2B buyers. PathFactory is a prominent content...

Lead Office: Toronto Date Announced: Jul 15, 2024 Value: --

Forma AI in its business combination with SeaMonster

On March 23, 2024, Forma AI announced that it has acquired SeaMonster. This represented its first acquisition to date. Collectively, the companies will be able to expand their product offerings for clients. Forma AI produces an artificial intelligence driven sales performance management...

Lead Office: Toronto Date Announced: Mar 23, 2024 Value: --

Ideogram in its closing of a $80 million Series A financing round

On February 28, 2024, Ideogram announced its closing of a $80 million Series A financing round. The company also released its update to its text-to-image generation platform and new subscription model. Ideogram is an artificial intelligence company whose platform offers state-of-the-art...

Lead Office: Toronto Date Closed: February 28, 2024 Value: 80 million

Xaba Inc. in its closing of a $2 million seed extension round

On January 9. 2024, Xaba Inc. announced it had closed a US$2 million seed extension round, led by BDC Capital’s Deep Tech Venture Fund with participation from Hitachi Ventures and Hazelview Ventures. The investment amount will be used to establish and staff a new robotics lab and to accelerate...

Lead Office: Toronto Date Announced: Jan 9, 2024 Value: US$2 million

CentML in its securing of $37 million of seed funding

On October 25, 2023, CentML announced it has secured $37 million in seed funding in a round led by Gradient Ventures, Google’s AI-focused venture fund. The round also had participation from Nvidia, Deloitte Ventures, Thomson Reuters Ventures and existing backer, Radical Ventures.CentML...

Lead Office: Toronto Date Closed: October 25, 2023 Value: $37 million

Ideogram in its launching of their platform with $22.3 million of seed funding

On August 24, 2023, Ideogram launches its platform with $22.3 million of seed funding. This round was led by a16z and Index Ventures and saw participation from AIX Ventures, Golden Ventures, and Two Small Fish Ventures. The company plans on utilizing the funding for their generative...

Lead Office: Toronto Date Closed: August 24, 2023 Value: $22.3 million

Hearst Ventures in connection with Optable’s $20 million Series A financing round

On June 21, 2023, Optable announced that it raised $20 million in a Series A financing round from a syndicate of investors which included among other Hearst Ventures, Brightspark Ventures, Desjardins Capital, Deloitte Ventures and asterX. Optical plans to utilize this funding towards their...

Lead Office: Toronto Date Closed: June 21, 2023 Value: $20 million