Venture Capital

Beanworks in connection with its $4.5 million Series A funding

On June 1, 2017, Beanworks announced the closing of its $4.5 million Series A funding, led by Vancouver Founder Fund and TIMIA Capital. Revolutionizing the way companies manage their accounts payable workflows and pay their vendors, Beanworks’ customizable FinTech platform empowers...

Lead Office: Vancouver Date Closed: June 1, 2017 Value: $4.5 million

Citizen Hex in its Seed financing round

On May 23, 2017, Citizen Hex announced the closing of its seed-stage financing round, led by Version One Ventures, OMERS Ventures, and Purpose Investments. Citizen Hex will use the proceeds of the round to build a world-class team of smart-contract programmers. Citizen Hex is a...

Lead Office: Toronto Date Closed: May 23, 2017 Value: -

Wealthsimple in its $50 million Series B investment from the Power Financial Corporation group of companies

On May 11, 2017, Wealthsimple announced the completion of its Series B investment of $50 million (US$37 million) from the Power Financial Corporation group of companies, bringing their total investment in Wealthsimple to $100 million (US$74 million) to date. Wealthsimple plans to use the...

Lead Office: Toronto Date Closed: May 11, 2017 Value: $50 million

Concentric Agriculture Inc. (previously: Inocucor Technologies Inc.), in connection with the first tranche closing of a Series B financing led by TPG ART

On March 10, 2017, Inocucor Technologies Inc. secured $38.8 million in the first tranche closing of a Series B financing. The round was led by TPG Alternative and Renewable Technologies (“TPG ART”). Inocucor Technologies is leading innovator and producer of sustainable...

Lead Office: Montreal Date Closed: March 10, 2017 Value: $38.8 million

Sensibill Inc. in connection with its $17.3 million Series A Financing

On February 28, 2017, Sensibill Inc., a Toronto-based startup that offers digital receipt technology for banks, closed a $17.3 million Series A financing round led by Information Venture Partners and Open Text Enterprise Apps Fund (OTEAF).  This is one of the largest Series A-rounds in Canada...

Lead Office: Toronto Date Closed: February 28, 2017 Value: $17.3 million

Meta Inc. in its acquisition by Chan Zuckerberg Initiative LLC

On February 14, 2017, Chan Zuckerberg Initiative LLC completed the acquisition of all of the outstanding equity in the capital of Meta Inc. Meta is an artificial intelligence company specializing in big data analysis of scientific and technical literature. This is the first acquisition...

Lead Office: Toronto Date Closed: February 14, 2017 Value: -

DSM Venturing in the $2.5 million Series A financing of QD Solar

On February 13, 2017, QD Solar Inc. ("QD Solar") announced that it had secured $2.5 million in a Series A financing. The round was led by Dutch venture capital firm DSM Venturing B.V. ("DSM Venturing") with participation from MaRS Innovation and Saudi Arabia’s...

Lead Office: Toronto Date Closed: February 13, 2017 Value: $2.5 million

Canalyst in connection with its $2.7 million seed financing

On August 29, 2016, Canalyst announced the closing of its oversubscribed $2.7 million seed financing led by Vanedge Capital. Canalyst will use the funding to expand its coverage universe and platform capabilities. Canalyst, headquartered in Vancouver, British Columbia, is a fast-growing...

Lead Office: Vancouver Date Closed: August 29, 2016 Value: $2.7 million

Resson in connection with its US$11 million Series B Financing

On May 4, 2016, Resson Aerospace Corporation ("Resson") completed a US$11 million Series B financing round. The New Brunswick, Canada-based Resson helps large and small agriculture companies and agricultural service providers boost productivity and profits with near...

Lead Office: Toronto Date Closed: May 4, 2016 Value: US$11 million

Universe in its acquisition by Live Nation

On June 8, 2015, Universe was acquired by Ticketmaster, a division of Live Nation.  Universe is a Toronto-based company and the creator of one of the world’s fastest growing ticket platforms. Their unique ticketing feature combines ticketing software with promotional...

Lead Office: Toronto Date Closed: June 8, 2015 Value: -