Technology Technology

Reach in its strategic investment by Primus Capital

On February 10, 2025, Reach announced a strategic investment by Primus Capital into the business. This investment will allow for Reach to accelerate its operations and offerings for retail and SaaS businesses globally. Reach is a leading global Merchant of Record (MoR) solution. Osler,...

Lead Office: Calgary Date Announced: February 10, 2025 Value: --

Agnostiq Inc. in its acquisition by DataRobot

On February 10, 2025, DataRobot announced that it acquired Agnostiq. Through this acquisition, the company plans to advance its agentic AI application with compute orchestration and optimization. Agnostiq develops software to make quantum and high-performance computing resources easily...

Lead Office: Toronto Date Announced: February 10, 2025 Value: --

Purolator in its acquisition of Livingston International

On February 4, 2025, Purolator announced the completion of its acquisition of Livingston International, an international trade services firm that is one of the largest customs brokers in North America and also specializes in global freight forwarding and trade consulting, from Platinum...

Lead Office: Toronto Date Closed: February 4, 2025 Value: --

Emmertech in connection with Rayhawk Technologies’ $3 million Seed funding round

On January 30, 2025, Rayhawk Technologies announced the successful raise of $3 million in a Seed funding round led by Emmertech. Rayhawk plans to use the funding to double down on commercialization of its railcar technology, with a focus on grain terminals, food processing plants, port facilities...

Lead Office: Vancouver Date Announced: January 30, 2025 Value: $3 million

OneVest in its securing of $29 million of Series B funding

On January 29, 2025, OneVest announced that it secured $29 million in Series B financing in an all-equity round led by Salesforce Ventures. The round also had participation from Allianz Life Ventures, TIAA Ventures, Deloitte Ventures, OMERS Ventures, Luge Capital, Fin Capital and Pivot Investment...

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

Boardy AI raises $8-million seed round

On January 14, 2025, Boardy AI announced it raised $8 million in a Seed financing round. This round was led by Creandum. The company also recently closed a pre-seed financing round. Boardy AI is an innovative artificial intelligence start-up. Osler, Hoskin & Harcourt LLP advised Boardy...

Lead Office: Toronto Date Announced: January 14, 2025 Value: $8 million

Aspect Biosystems in its $115-million Series B funding round

On January 8, 2025, Aspect Biosystems announced the closing of its $115-million Series B funding round led by Dimension, with participation from existing and new investors including Novo Nordisk, Radical Ventures, an undisclosed leading global investment firm, InBC, Pallasite Ventures, Pangaea...

Lead Office: Vancouver Date Announced: January 8, 2025 Value: $115 million

BrainBox AI in its business combination with Trane Technologies

On January 3, 2025, Trane Technologies announced its acquisition of BrainBox AI. Through this acquisition, Trane Technologies aspires to reduce its carbon footprint of commercial buildings with the use of Brainbox AI’s tools. BrainBox AI is a Montréal-based technology firm specializing in...

Lead Office: Montreal Date Announced: January 3, 2025 Value: --

Starboard in its US$5.5-million Seed financing

On December 20, 2024, Starbord Systems announced the closing of its US$5.5-million Seed financing led by Eclipse, with participation from existing investors Garuda Ventures and Everywhere Ventures. The new funding will be used to fuel Starboard’s mission in creating the default digital...

Lead Office: Toronto Date Announced: December 20, 2024 Value: US$5.5 million

Cadstrom in its securing of $6.8 million Seed funding

On December 19, 2024, Cadstrom announced that is raised $6.8 million in Seed funding in a round led by Bison Ventures. This round also saw participation from Innovation Endeavors and AI2 Incubator. Cadstrom is an AI expert system that assists electrical engineers with designing electronic...

Lead Office: Toronto Date Announced: December 19, 2024 Value: $6.8 million