Technology

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

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

Dialogue Technologies Inc. in its $12 million Series A Financing

On February 13, 2018, Dialogue Technologies Inc. ("Dialogue") announced the closure of a of a Series A funding round of $12-million as it continues to demonstrate significant client growth and widening geographical reach. Dialogue is a Montréal-based virtual health provider that offers...

Lead Office: Montreal Date Closed: February 13, 2018 Value: $12 million

The Special Committee of Pure Technologies Ltd. in its acquisition by Xylem Inc. for $509 million

On January 31, 2018, Pure Technologies Ltd. ("Pure") completed a definitive arrangement agreement with Xylem Inc. ("Xylem"), whereby Xylem acquired all of the issued and outstanding shares of Pure for $9.00 per share in cash, representing a 102.7% premium to the...

Lead Office: Calgary Date Closed: 31 January 2018 Value: $509 million

Drop in its US$21 million Series A financing

On January 30, 2018, Drop Technologies Inc. (“Drop”) announced that it has raised US$21 million in its Series A financing. The round was led by New Enterprise Associates (“NEA”), along with continuing participation from Sierra Ventures, White Star Capital, ff Venture...

Lead Office: Toronto Date Closed: January 30, 2018 Value: US$21 million

3iQ Corp. in connection with Canada’s first multiple digital currency investment fund

On January 26, 2018, 3iQ Corp. announced that it has agreed to terms and conditions with the Ontario Securities Commission (OSC) and the Canadian Securities Administrators (CSA) to act as Canada's first Portfolio Manager and Investment Fund Manager permitted to invest in multiple...

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

Rubikloud in connection with its US$37 million Series B financing

On January 3, 2018,  Rubikloud Technologies Inc. ("Rubikloud") announced that it has raised US$37 million in a Series B financing round led by Intel Capital with new investors iNovia Capital and OTEAF participating. Existing investors Horizons Ventures and Access Industries...

Lead Office: Toronto Date Closed: January 3, 2018 Value: US$37 million

Intercontinental Exchange Inc. in the acquisition of NGX and Shorcan Brokers from TMX Group.

On December 14, 2017, Intercontinental Exchange ("ICE") completed its sale of Trayport Holdings Ltd. (“Trayport”) to TMX Group Limited ("TMX") in a transaction valued at $931 million. As part of this transaction, ICE acquired Natural Gas Exchange Inc. and...

Lead Office: Toronto Date Closed: December 14, 2017 Value: $931 million

Kensington Capital Partners Limited in connection with Brightspark’s $6 million financing

On December 6, 2017, Brightspark Ventures ("Brightspark") announced that it has closed a $6 million financing round led by Kensington Capital Partners Limited ("Kensington"). This is a direct investment into Brightspark’s infrastructure to fuel Kensington’s...

Lead Office: Toronto Date Closed: December 6, 2017 Value: $6 million

JP Morgan Chase & Co. in its acquisition of WePay Inc.

On December 4, 2017, JP Morgan Chase & Co. ("JP Morgan") completed its acquisition of WePay Inc. ("WePay"). This is JP Morgan's first major acquisition of a financial-technology start-up. JP Morgan will provide its four million small businesses clients with...

Lead Office: Toronto Date Closed: December 4, 2017 Value: -