Inovia Capital in connection with Cavelo’s $5-million Seed Extension round

On July 29, 2025, Cavelo Inc. announced that it secured $5 million in a Seed Extension round led by Inovia. Cavelo Inc. plans to focus on its sales, marketing and developing its product. Inovia Capital is a Montréal-based venture capital firm specializing in investments in technology...

Lead Office: Toronto Date Announced: July 29, 2025 Value: $5 million

Mountain Province Diamonds Inc. in its securing of US$10-million loan from Dunebridge Worldwide Ltd.

On July 28, 2025, Mountain Province Diamonds Inc. announced it secured an additional US$10-million term loan from Dunebridge Worldwide Ltd. Mountain Province Diamonds is a Canadian diamond company that operates the world’s largest diamond mine, located in the Northwest Territories, in a joint...

Lead Office: Vancouver Date Announced: July 28, 2025 Value: US$10 million

Apera AI Inc. in its Series A financing led by BDC Capital

On July 28, 2025, Apera AI announced the successful closing of its over-subscribed Series A financing round led by BDC’s investment arm, BDC Capital, with additional investments from existing investors Lobby Capital, Flying Fish Ventures and J-Ventures. Amid surging demand for robotic automation...

Lead Office: Vancouver Date Announced: July 28, 2025 Value: --

A syndicate of agents, led by Scotia Capital Inc., in connection with FortisAlberta Inc.’s $200-million private placement offering of 4.763% senior unsecured debentures due 2055

Acting for a syndicate of agents, led by Scotia Capital Inc., in connection with FortisAlberta Inc.’s $200-million private placement offering of 4.763% senior unsecured debentures due 2055. Osler, Hoskin & Harcourt LLP advised a syndicate of agents with a team consisting of Dan Shea,...

Lead Office: Calgary Date Closed: -- Value: $200 million

5C Group in its US$835-million capital raise from Brookfield and Deutsche Bank

On July 23, 2025, 5C announced that it successfully raised US$835 million. This financing includes equity financing led by Brookfield Asset Management and debt financing led by Deutsche Bank. This capital will expand the development of 5C's data centres and accelerate its AI infrastructure...

Lead Office: Montreal Date Announced: July 23, 2025 Value: US$835 million

Btomorrow Ventures in its investment in AWAKE Chocolate

On July 17, 2025, AWAKE Chocolate announced that it closed an $8-million investment round. This consisted of a $5-million contribution from Btomorrow Ventures and $3 million from BDC Capital. Btomorrow Ventures is a London-based venture capital and private equity firm focused on investments in...

Lead Office: Toronto Date Announced: July 17, 2025 Value: $5 million

Trusty in its securing of $1-million Pre-Seed financing

On July 15, 2025, Trusty announced that it secured a $1-million Pre-Seed financing round, co-led by Relay Ventures and Graphite Ventures and with support from Mistral Venture Partners and undisclosed angels. Trusty is an artificial intelligence (AI)-powered estate planning app, founded by Randy...

Lead Office: Toronto Date Announced: July 15, 2025 Value: $1 million

EllisDon and PCL Healthcare Partners awarded fixed price contract of $13.9 billion for The Peter Gilgan Mississauga Hospital and Shah Family Hospital for Women and Children

On July 10, 2025, EllisDon and PCL Healthcare Partners, through the Trillium M Project Co General Partnership, entered into an agreement with Trillium Health Partners to design, build, finance and maintain the Peter Gilgan Mississauga Hospital and Shah Family Hospital for Women and Children, in...

Lead Office: Toronto Date Announced: July 10, 2025 Value: $13.9 billion

Novari Health Inc. in its acquisition by VitalHub Corp.

On July 7, 2025, Vitalhub Corp. (TSX:VHI) (OTCQX:VHIBF) (VitalHub) announced it has acquired Novari Health Inc. (Novari) for $43.6 million, plus potential performance-based consideration. The purchase price paid at closing was composed of a cash payment of $35.8 million, subject to working...

Lead Office: Montreal Date Announced: July 7, 2025 Value: $48.6 million

BOXX Insurance in its acquisition by Zurich Insurance Group

On July 3, 2025, BOXX Insurance Inc. (BOXX) announced its acquisition by Zurich Insurance Group (Zurich), a leading global multi-line insurer. BOXX is known as the original all-in-one cyber insurance and protection company, serving customers across five continents. The transaction provides BOXX...

Lead Office: Vancouver Date Announced: July 3, 2025 Value: --