André Perey

Atomic Loans in its $3.4 million Seed Funding

On April 15, 2020, Atomic Loans announced they have raised $3.4 million in Seed Funding led by Initialized Capital. The funding will be put toward the company’s research and development efforts and will allow Atomic Loans to work to grow decentralized finance adoption on...

Lead Office: Toronto Date Closed: April 15, 2020 Value: $3.4 million

Quicken Loans and Rock Holdings in Edison Financial’s Preferred Round

Edison Financial raised an undisclosed preferred round led by Rock Holdings, the parent company of Quicken Loans. Edison Financial plans to use the funding for product development, to develop and maintain partnerships with top Canadian lenders and insurers, and to expand its team. Edison...

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

EcoPackers in its $4.3 million seed round

On December 9, 2019, EcoPackers completed its $4.3 million seed round led by Golden Ventures and Horizons Ventures. The funding will be used to hire engineers to create products that meet the requirements of EcoPackers’ partner companies while maintaining its 100% compostable mandate....

Lead Office: Toronto Date Closed: December 9, 2019 Value: $4.3 million

e-ZN Inc. in its $3.4 million seed round

On January 9, 2020,  e-ZN Inc. announced its $3.4 million seed round led by Energy Foundry. The financing will aid in the commercialization and market validation of e-ZN’s energy storage solution, the Zn Reactor.   e-ZN Inc. is a Toronto based growth stage company with a...

Lead Office: Toronto Date Closed: -- Value: $3.4 million

Drive Capital in KOHO Financial’s $25 million Series C financing round

On November 28, 2019, KOHO Financial announced the closing of their $25 million Series C financing round led by Drive Capital. The funding will be used to further KOHO Financial’s growth plan to reposition the company as a venture-capital firm by restructuring its board of directors....

Lead Office: Toronto Date Closed: November 28, 2019 Value: $25 million

SomaDetect in its $2.6 million financing round

On August 12, 2019, SomaDetect Inc. completed its $2.6 million financing round that included investments from New Brunswick Innovation Foundation, the Western New York Impact Investment Fund, and New York Ventures. The startup will use the funds to expand as it works with dairy farmers and...

Lead Office: Toronto Date Closed: 12 August 2019 Value: $2.6 million

JPMorgan Chase & Co. in its strategic investment in FreshBooks

On August 7, 2019, FreshBooks announced JPMorgan Chase & Co. has made a strategic investment in the company. The investment from JPMorgan Chase follows two previous institutional funding rounds for FreshBooks, including a US$30 million Series A funding round in July 2014, and a US$43...

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

Xanadu Quantum Technologies Inc. raises $32 million Series A for Quantum Cloud Computing Platform.

On June 24, 2019, Xanadu Quantum Technologies Inc. announced that it raised $32 million in a Series A round led by OMERS Ventures. Georgian Partners, Radical Ventures, Real Ventures, Silicon Valley Bank and Tim Draper all were participants. This new raise will help Xanadu with efforts to release...

Lead Office: Toronto Date Closed: June 24, 2019 Value: $32 million

Togetherwork in its acquisition of UnionWare

On April 24, 2019, Togetherwork announced the acquisition of UnionWare. The acquisition will provide UnionWare resources to broaden its capabilities and cement Togetherwork’s growing footprint in the international market. Togetherwork, based in Columbus, Georgia, develops group management...

Lead Office: Toronto Date Closed: April 24, 2019 Value: -

Generation Ventures in its $3.3 million investment in Synapse

On April 10, 2019, Synapse announced the close of a $3.3 million Seed funding round. Synapse will use the funding to help grow its Learning Design System, a cloud platform that automates instructional design best practices for businesses. The round was led by Generation Ventures with participation...

Lead Office: Toronto Date Closed: April 10, 2019 Value: $3.3 million