Venture Capital Venture Capital

Ribbon AI in its $8 million financing

On March 31, 2025, Ribbon AI announced that it raised $8 million of funding. This round was led by Radical Ventures and had participation from Social Leverage, Cadenza Ventures and GD1. The company plans on utilizing the funding towards expanding operations and development initiatives. Ribbon...

Lead Office: Toronto Date Announced: May 31, 2025 Value: $8 million

Page Technologies in its raising of $4.1 million of Seed funding

On March 20, 2025, Page Technologies announced that it raised $4.1 million in seed funding. This funding round was led by Twelve Below and saw participation from Go Global Ventures and Canaan Partners. The company plans to utilize the funding to expand its services into the United States and...

Lead Office: Toronto Date Announced: March 20, 2025 Value: $4.1 million

Sprout Family in its raising of $1.7 million of Pre-Seed financing

On March 20, 2025, Sprout Family announced it closed a $1.7-million Pre-Seed financing round. This all-equity round was led by StandUp Ventures and saw participation from Blue Collective, MaRS Investment Accelerator Fund, The51, Boon Fund and some undisclosed Canadian angel investors.  Sprout...

Lead Office: Toronto Date Announced: March 20, 2025 Value: $1.7 million

Evok Innovations and BDC Capital’s Climate Tech Fund in connection with Summit Nanotech Corporation’s US$25.5-million funding round

On March 19, 2025, Summit Nanotech Corporation announced that it secured a US$25.5-million funding round led by Evok Innovations and BDC Capital’s Climate Tech Fund. This round also saw participation from Xora Innovation, Capricorn Investment Group, LG Technology Ventures and Japanese mining...

Lead Office: Toronto Date Announced: March 19, 2025 Value: US$25.5 million

PurposeMed in its growth financing round led by True North Fund

On March 4, 2025, PurposeMed announced the successful completion of its growth financing round led by True North Fund, with major participation by BDC and Panache Ventures. PurposeMed is a Calgary-based, high-growth digital health company that provides accessible and specialized healthcare...

Lead Office: Vancouver Date Announced: March 4, 2025 Value: --

Variational AI in its US$5.5-million Seed extension financing

On February 20, 2025, Variational AI announced the successful completion of its US$5.5-million seed extension financing round led by Nimbus Synergies, with participation from Merck Global Health Innovation Fund, Quimby Investments, Threshold Impact and Defined Capital. Existing investors Flying...

Lead Office: Vancouver Date Announced: February 20, 2025 Value: US$5.5 million

Intrepid Growth Partners in connection with its investment in StackAdapt

On February 4, 2025, Teachers’ Venture Growth announced it led an all-equity round in StackAdapt that values the company at approximately US$2.5 billion. This round had participation from Intrepid Growth Partners and other undisclosed investors. Teachers’ Venture Growth is a late-stage...

Lead Office: Toronto Date Announced: 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