Venture Capital Venture Capital

Hashtag Paid in its Series A Financing

On May 8, 2018, Hashtag Paid (#paid) announced that it closed its Series A financing led by ScaleUP Ventures. #paid is in an advantageous position to bring global scale to brands and ad agencies to run influencer and content marketing programs that drive impact and ROI. Partnering with...

Lead Office: Toronto Date Closed: May 8, 2018 Value: -

BenchSci in its US$8 million Series A financing

On May 2, 2018, BenchSci announced that it has secured US$8 million in its Series A Financing round. The round was led by Montreal’s iNovia Capital with participation from Google’s AI-focused venture fund, Gradient Ventures, and return investors Golden Venture Partners, Afore...

Lead Office: Toronto Date Closed: May 2, 2018 Value: US$8 million

Uberflip in its US$32 million Series A financing

On April 24, 2018, Uberflip announced the closing of a US$32 million Series A funding round led by Updata Partners. This investment will be used to support Uberflip’s ongoing product development aimed at enabling personalization, increasing engagement, and accelerating audiences along...

Lead Office: Toronto Date Closed: April 24, 2018 Value: US$32 million

KalGene Pharmaceuticals Inc. in its Series A Financing round (second tranche) of $1.67 million

On March 29, 2018, KalGene Pharmaceuticals Inc. announced that it had completed its second tranche of Series A financing, raising $1.67 million. The round was led by Merck Lumira Biosciences Fund, L.P. and Merck Lumira Biosciences Fund (Québec), L.P.   KalGene Pharmaceuticals is...

Lead Office: Montreal Date Closed: March 29, 2018 Value: $1.67 million

ThoughtWire in its combined Series A and debt financing of $20 million

On March 5, 2018, ThoughtWire announced the closing of a combined $20 million debt and Series A financing. The round was led by Yaletown Partners, with participation from BDC Capital, Round13 Capital, Epic Capital and Comerica. ThoughtWire plans to use the funding to develop its IIoT...

Lead Office: Toronto Date Closed: March 5, 2018 Value: $20 million

Upchain in its $7.4 million Series A financing

On February 28, 2018, Upchain announced that it has raised $7.4 million in its Series A financing round. The round was led by OpenText Enterprise Apps Fund (OTEAF) and BDC Capital. Upchain will use the funding to expand its solution and support business development into the US and Europe....

Lead Office: Toronto Date Closed: February 28, 2018 Value: $7.4 million

500px in its acquisition by Visual China Group

On February 26, 2018, Visual China Group (VCG) announced that it has acquired 100% of 500px, Inc. (500px) shares through its wholly-owned subsidiary, VCG Hong Kong LTD. As a result of this acquisition, 500px will improve its service to both its community members and international brand...

Lead Office: Toronto Date Closed: February 26, 2018 Value: -

Wealthsimple in its $65 million investment from Power Financial

On February 21, 2018, Wealthsimple announced that it has raised $65 million from the Power Financial group of companies, bringing their total investment in Wealthsimple to $165 million. Wealthsimple plans to use the new capital to evolve its investing product, explore...

Lead Office: Toronto Date Closed: February 21, 2018 Value: $65 million

Loopio in its US$9 million Series A financing

On February 13, 2018, Loopio announced that it has raised US$9 million in a Series A round of financing led by OpenView. Loopio will use this investment to fuel growth by accelerating product development and expanding its team. Loopio is a proposal and knowledge management software company...

Lead Office: Toronto Date Closed: February 13, 2018 Value: US$9 million

Frank And Oak in its $20 million Series D Financing

On February 13, 2018, Frank And Oak announced the closure of a $20 million round of financing led by the Caisse de dépôt et placement du Québec. These investments will allow the business to accelerate development of its digital experience and support its growth online in North America...

Lead Office: Montreal Date Closed: February 13, 2018 Value: $20 million