Andrew Irwin Andrew Irwin

Joyride Technologies in its securing of $7 million in a Series A financing round

On March 12, 2024, Joyride Technologies announced it closed a $7 million Series A financing round. This round was led by Yamaha Motors and saw participation from Export Development Canada, Urban Innovation Fund, Proeza Ventures, and Two Small Fish Ventures. Joyride Technologies plans on...

Lead Office: Toronto Date Closed: March 12, 2024 Value: $7 million

Mistal Venture Partners in connection with Armilla AI’s $4.5 million seed funding round

On February 15, 2024, Armilla AI announced it raising of $4.5 million in a seed funding round led my Mistral Venture Partners. This round also saw participation from MS&AD Ventures, SixThirty Ventures, Morgan Creek Digital and Y Combinator, Greenlight Re and Chaucer.  Mistral...

Lead Office: Toronto Date Closed: 15 February 2024 Value: $4.5 million

Promise Robotics in its closing of a $20.8-million Series A financing round

On October 31, 2023, Promise Robotics announced that they closed a $20.8-million Series A financing round led by Horizons Ventures. This round saw participation from Radical Ventures, the Public Sector Pension Investment Board, United Brotherhood of Carpenters, Relay Ventures and Alate Partners....

Lead Office: Toronto Date Closed: October 31, 2023 Value: 20.8 million

Relocalize in its raising of $4.78 million in seed funding

On October 3, 2023. Relocalize announced it had raised $4.78 million in a seed funding round. The company plans on utilizing the funding towards its autonomous production platform growth for hyperlocal food distribution.Relocalize is a cleantech start-up.Osler, Hoskin & Harcourt LLP...

Lead Office: Toronto Date Closed: October 3, 2023 Value: $4.78 million

Innerspace in its $10 million Series A financing round

On August 15, 2023, Innerspace announced that they raised $10 million in a Series A financing round led by Yaletown Partners. This round also saw participation from existing investors including BDC and MaRS’ Investment Accelerator Fund (IAF). The company plans on utilizing this funding...

Lead Office: Toronto Date Closed: August 15, 2023 Value: 10 million

Voiceflow Inc. in its raising of US$15 million

On August 15, 2023, Voiceflow announced that it raised US$15 million in a funding round led by OpenView Venture Partners. The company plans to utilize the funding towards integrating artificial intelligence capabilities into its unique conversation design platform.Voiceflow is a platform that...

Lead Office: Toronto Date Closed: August 15, 2023 Value: US$15 million

System-3 in its raising of $3.6 million in seed funding

On February 22, 2023, System-3 raised $3.6 million in a seed financing round. This round was led by Round13 Capital and had participation from several undisclosed angel investors. The company plans to utilize this funding towards their stimulation software and expanding their market...

Lead Office: Toronto Date Closed: February 22, 2023 Value: $3.6 million

Notch in its raising of $13.7 million financing

On January 19, 2023, Notch raised $13.7 million in an all equity round led by Portage and saw participation from Golden Ventures, Math Ventures, Accomplice, Pre-Cursor Ventures, Garage Capital and Plexo Capital. The company plans to utilize the funding strengthen their platform and...

Lead Office: Toronto Date Closed: January 19, 2023 Value: $13.7 million

Acerta in its $10.4 million Series B financing

On November 22, 2022, Acerta announced it had secured $10.4 million in a Series B financing, led by new investors in BDC Capital’s Industrial Innovation and Thrive Venture Funds. The funding will enable Acerta to expand into North America and Europe, within its existing customer base...

Lead Office: Toronto Date Closed: November 22, 2022 Value: $10.4 million

Xanadu in its US$100 million Series C Financing

On November 11, 2022 , Xanadu announced that it secured US$100 million in a Series C financing, led by Canadian private capital firm Georgian with participation from Porsche Automobil, Forward Ventures, Alumni Ventures, Pegasus Tech Ventures, Silicon Valley Bank and previous Xanadu investors. The...

Lead Office: Toronto Date Closed: November 11, 2022 Value: US$100 million