Emerging and High Growth Companies

Waabi in its raising of US$200 million in a Series B Financing Round

On June 18, 2024, Waabi announced it has raised US$200 million in an oversubscribed Series B Financing round. This round was led by Uber and Khosla Ventures and saw participation from NVIDIA, Volvo Group Venture Capital, Porsche Automobil Holding SE, Scania Invest and Ingka Investments. The...

Lead Office: Toronto Date Announced: Jun 18, 2024 Value: US$200 million

ResVR in its oversubscribed financing seed round of $1.7 million

On June 6, 2024, ResVR announced a series of financings that closed a total of $1.7 million in aggregate. This consists of $1.43 million in pre-seed and seed funding and $270,000 in non-dilutive capital. The funding was led by Inverted Ventures and Weave VC and saw participation from Bluesky...

Lead Office: Calgary Date Announced: Jun 6, 2024 Value: $1.7 million

Raven Indigenous Outcomes Funds in its securing of $20.4 million for its first fund

On June 5, 2024, Raven Indigenous Outcomes Funds (RIOF) announced that it had closed $20.4 million for its first fund out of its goal of $50 million. Investors in the first close included Boann Social Impact, Trottier Family Foundation, Lawson Foundation, the Christensen Fund, and the Sorenson...

Lead Office: Vancouver Date Announced: Jun 5, 2024 Value: $20.4 million

IntelliCulture in its $3.5 million Series Seed II Round

On June 3, 2024, IntelliCulture announced that it raised 3.5 million in a Series Seed II all-equity round. This round was led by Serra Ventures and saw participation from Emmertech and Tall Grass Ventures. The company plans on utilizing the funding towards research and...

Lead Office: Toronto Date Announced: Jun 3, 2024 Value: 3.5 million

Plannin in connection with its investment from Golden Ventures

On May 30, 2024, Plannin announced it received an investment from Golden Ventures. This also signifies Plannin’s launch of its creator monetization platform. Plannin operates as an online platform that helps individuals with travel planning and resources. Golden Ventures, based in...

Lead Office: Toronto Date Announced: May 30, 2024 Value: -

Topicflow in its $2.5 million seed funding round led by Founders’ Co-Op

On May 29, 2024, Topicflow closed a $2.5 million seed funding round. The all-equity round was led by Founders’ Co-Op with participation from Ascend. The investment will enable Topicflow to expand its team and work towards a goal of $1 million in annual recurring revenue within 12-18...

Lead Office: Vancouver Date Announced: May 29, 2024 Value: $2.5 million

Amplitude Ventures in its closing of its $263 million venture capital fund

On May 28, 2024, Amplitude Ventures announced it closed $263 million in its second venture capital fund for precision medicine. Through this fund, the company plans to continue investing in new precision medicine companies with an interest in biology and artificial intelligence. This fund is...

Lead Office: Montreal Date Announced: May 28, 2024 Value: $263 million

Blossom Social in its closing of a $2.1 million seed financing

On May 21, 2024, Blossom Social announced that it closed a $2.1 million seed financing. Approximately $1 million was from an equity crowdfunding campaign, and the remaining $1.1 million from existing investor LOI Ventures, new investor Goodwater Capital and various angel investors. Blossom...

Lead Office: Calgary Date Announced: May 21, 2024 Value: $2.1 million

Relocalize in its closing of a $2.3 million Seed extension round

On May 15, 2024, Relocalize announced it has closed $2.3 million in a Seed extension round. This round was led by Desjardins Capital. Relocalize plans on utilizing the funding towards its development and execution of its technology focused micro factories. Relocalize is a production and...

Lead Office: Toronto Date Announced: May 15, 2024 Value: $2.3 million

BDC Thrive Lab in connection with Save da Sea's $650,000 Seed funding round

On May 2, 2024, Save da Sea announced the closing of a $650,000 Seed financing round. The round was led by BDC Capital's Thrive Lab with participation from Spring, What If Ventures and York University’s YSpace. The investment will empower Save da Sea to accelerate its expansion in the US while...

Lead Office: Vancouver Date Announced: May 2, 2024 Value: $650,000