Andrew Irwin Andrew Irwin

BlueDot in its US$7 million Series A financing round

On August 7, 2019, BlueDot Inc. completed its US$7 million Series A financing round co-led by The Co-operators and BDC Capital’s Women in Technology Venture Fund. The investment will help BlueDot Inc. develop its AI-driven product suite, grow its sales and commercialization efforts in...

Lead Office: Toronto Date Closed: -- Value: US$7 million

Flybits in its USD$35 million venture financing

On July 16, 2019, Flybits announced its USD$35 million venture financing led by Point72 Ventures, with participation from Mastercard, Citi Ventures, and Reinventure. Existing investors also participated in the round including Portag3 Ventures, TD Bank Group, and Information Venture Partners....

Lead Office: Toronto Date Closed: July 16, 2019 Value: USD$35 million

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

Borrowell Inc. in its $20 million Series B financing

On June 17, 2019  Borrowell closed a $20 million Series B consisting of equity and venture debt co-led by White Star Capital and Portag3 Ventures. The Series B round has brought the company’s total raised in equity to $26.7 million. The company also announced it has reached more than a...

Lead Office: Toronto Date Closed: June 17, 2019 Value: $20 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: -

InnerSpace in its $3.2 million Seed financing

On March 28, 2019, InnerSpace announced the completion of its $3.2 million Seed financing round, led by BDC Capital’s Women in Technology Fund. The company will use the financing to further develop its product and grow its presence in the market. InnerSpace is a Canadian GPS delivering...

Lead Office: Toronto Date Closed: March 28, 2019 Value: $3.2 million

Integrate.ai in its Equity Investment from TELUS Ventures

On January 31, 2019, Integrate.ai announced that it has secured an equity investment from TELUS Ventures to accelerate the development of the company's ethical Artificial Intelligence (AI) software platform. In addition, the two companies have signed a commercial deal to deploy AI to optimize...

Lead Office: Toronto Date Closed: January 31, 2019 Value: -

SnapTravel in its $28 million Series A financing

On December 4, 2018, SnapTravel completed a $28 million Series A financing, adding $17.6 million in new investments to its initial raise of $10.5 million in July 2017. The newest edition to the round was led by Telstra Ventures as well as NBA player Stephen Curry. Based in Toronto, SnapTravel is a...

Lead Office: Toronto Date Closed: December 4, 2018 Value: $17.6 million

Georgian Partners in its investment in Influitive

On February 14, 2019, Influtitive announced that in completed its funding, led by Canadian growth equity firm Georgian Partners and U.S. financial services firm Comerica Bank, who were joined by Relay Ventures and Export Development Canada. The funds raised will be used to invest in AdvocateHub, a...

Lead Office: Toronto Date Closed: December 1, 2018 Value: -

Blue J Legal in its US$7 million Series A financing

On November 29, 2018, Blue J Legal Inc. completed a US$7 million Series A financing round led by Relay Ventures, with participation from Silicon Valley-based LDV Partners, Mistral Venture Partners and BDC Capital. Blue J Legal will use this injection of capital to establish a foothold in the U.S....

Lead Office: Toronto Date Closed: November 29, 2018 Value: US$7 million