Handi Xu

ODAIA in its raising of $34 million Series B financing

On May 1, 2023, ODAIA announced a $34 million Series B financing round. This round was co-led by Threshold Ventures and Monograph Capital, who are both focused on life sciences and healthtech companies. With this financing, ODAIA plans to extend their presence within North America and...

Lead Office: Toronto Date Closed: May 1, 2023 Value: $34 million

ChargeLab in its securing of a US$ 15 million Series A extension financing round

On April 14, 2023, ChargeLab raised a $15 million Series A extension financing round through securing strategic partnerships with Eaton and Silver Comet. ChargeLab plans to extend its management software for electric vehicle charging in the United States.ChargeLab is a developer of an...

Lead Office: Toronto Date Closed: April 14, 2023 Value: $15 million

OTI Lumionics in its $55 million Series B financing

On October 26, 2022, OTI Lumionics announced they had completed their Series B financing, led by Anzu Industrial Capital Partners, Samsung Ventures, and LG Technology Ventures. With this funding, OTI will be taking their “notch-free” tech into production with numerous partners,...

Lead Office: Toronto Date Closed: October 26, 2022 Value: $55 million

Ubenwa in its US$2.5 million financing round

On July 25^th, 2022, Ubenwa announced it had completed its US$2.5 million financing round. The financing round was led by Radical Ventures and saw participation from AIX Ventures, which is a collective of experienced AI stakeholders, as well as Hugo Larochelle and Marc Bellemare...

Lead Office: Toronto Date Closed: July 25, 2022 Value: US$2.5 million

Drive Capital in connection with Planned Enterprise’s $18 million Series A financing round

On July 11, 2022, Planned Enterprise announced it had completed its $18 million Series A financing round led by Drive Capital with participation from Outsiders Fund, THCAP and N49. This financing came after the platform saw a 400% increase of sales since the beginning of 2022. With this...

Lead Office: Toronto Date Closed: July 11, 2022 Value: $18 million

Nudge in its acquisition by Axonify

On June 22, 2022, Nudge announced its acquisition by Axonify, a software company that provides communications and training software to frontline employees. With this acquisition, Axonify and Nudge will offer the best-in-class tools for frontline-devoted organizations as well as deliver an...

Lead Office: Toronto Date Closed: -- Value: -

Chinova Bioworks in its $6 million Series A financing round

On June 22, 2022, Chinova Bioworks announced it had closed its $6 million Series A financing round co-led by DSM Venturing and Rhapsody Venture Partners with participation from Rich Products. This financing will allow Chinova Bioworks to continue building its team, launch new products and...

Lead Office: Toronto Date Closed: June 22, 2022 Value: $6 million

Delphia in its US$60 million Series A financing round

On June 8, 2022, Delphia announced it had completed its US$60 million Series A financing round led by Multicoin Capital with additional participation from Ribbit Capital, FTX Ventures, Valor Equity Partners, FJ Labs, Lattice Ventures, Cumberland and M13. Delphia will use the funds to launch...

Lead Office: Toronto Date Closed: June 8, 2022 Value: US$60 million

Forma AI in its $45 million Series B financing round

On May 17, 2022, Forma AI announced it had completed its $45 million Series B financing round led by ACME Capital, along with Crosslink Capital, Golden Ventures, Uncork Capital, Xfund and Gaingels. With this financing, Forma AI plans to expand its product development and go-to-market...

Lead Office: Toronto Date Closed: May 17, 2022 Value: $45 million

Athennian in its $33 million Series B financing round

On March 30, 2022, Athennian announced it has completed its $33 million Series B financing round led by Centana Growth Partners with participation from existing investors Arthur Ventures, Touchdown Ventures, and several private investors. With this financing, Athennian plans to hire several...

Lead Office: Toronto Date Closed: March 30, 2022 Value: $30 million