Technology

Chevron Canada Limited on the sale of its interest in the Athabasca Oil Sands Project and the Kaybob Duvernay Shale Gas Project to Canadian Natural Resources Limited for US$6.5 billion

On October 7, 2024, Chevron Canada Limited announced its sale to Canadian Natural Resources Limited of Chevron’s 20% interest in the Athabasca Oil Sands Project and 70% interest in the Kaybob Duvernay Shale Gas Project, as well as certain other oil sands and petroleum and natural gas rights...

Lead Office: Calgary Date Announced: Oct 7, 2024 Value: $6.5 billion

BDC Capital in connection with Cyclic Material’s $71-million Series B financing round

On September 25, 2024, Cyclic Materials announced it raising of $71 million of Series B financing. This all-equity, all-primary financing round was led by ArcTern Ventures and included BDC Capital’s Climate Tech Fund, Hitachi Ventures, Zero Infinity Partners, Climate Investment, Microsoft...

Lead Office: Montreal Date Announced: Sep 25, 2024 Value: $71 million

EPS Ventures as investor in Ayrton Energy’s $9.1-million Seed funding round

On September 24, 2024, Ayrton Energy announced the closing of its $9.1-million Seed funding round led by Clean Energy Ventures and BDC Capital, with participation from EPS Ventures. Ayrton Energy plans to use the funding to advance the U.S. expansion of its hydrogen storage solution. Ayrton...

Lead Office: Vancouver Date Announced: Sep 24, 2024 Value: $9.1 million

LumiQ in connection with its strategic investment from Vertu Capital

On September 24, 2024, LumiQ announced it received a strategic investment from Vertu Capital. This strategic investment represents the fourth platform investment for Vertu Capital through its Vertu Partners Fund I. LumiQ is a podcast platform focused on the accounting and finance...

Lead Office: Toronto Date Announced: Sep 24, 2024 Value: --

Behaviour Interactive in its acquisition of Red Hook

On September 24, 2024, Behaviour Interactive announced its acquisition of Red Hook Studios. Behaviour Interactive, headquartered in Montréal, is Canada’s largest independent game developer, employing more than 1,000 talented people, with over 200 games released since their beginnings in...

Lead Office: Montreal Date Announced: Sep 24, 2024 Value: --

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: Sep 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: Sep 22, 2024 Value: $21.8 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

Mosaic in its $28-million growth financing round

On September 18, 2024, Mosaic announced that it had completed a round of $28 million of growth equity financing led by Idealist Capital and had a follow-on investment from previous investor Freycinet. Mosaic plans on utilizing the funding towards building its infrastructure for Canadian-based 3D...

Lead Office: Toronto Date Announced: Sep 18, 2024 Value: $28 million