Technology

Right-Health in its acquisition of Akira Medical

On September 19, 2017, Right-Health announced the acquisition of Akira Medical. Right-Health will continue to operate the Akira platform under its original name, while founders Dustin Walper, Taha Bandukwala and Matt Zukowski will join Right Health in leadership positions. The Akira team...

Lead Office: Toronto Date Closed: September 19, 2017 Value: -

Foodee Media Inc. in its Series A Financing round (second tranche) of $10 million

On September 12, 2017, Foodee Media Inc. announced its Series A financing round (second tranche) of $10 million. The round was led by BDC Capital Inc. Foodee is a leading platform that connects offices across North America with top restaurants, serving Fortune 500 companies such as Apple, Amazon,...

Lead Office: Vancouver Date Closed: September 12, 2017 Value: $10 million

Scribble in its acquisition of ion interactive, inc., an interactive content platform provider

On September 21, 2017, Scribble Technologies Inc. ("ScribbleLive") announced the acquisition of ion interactive, inc ("ion"). As a result of this acquisition, ScribbleLive further strengthens its ability to help its clients by bringing new interactive capabilities...

Lead Office: Toronto Date Closed: September 8, 2017 Value: -

Finaeo in its Seed financing round of $2.25 million

On September 5, 2017, Finaeo raised $2.25 million in a seed-stage financing. The round was led by Impression Ventures, with participation from 500 Startups, Robo Ventures, and iGan Partners. Finaeo is a Canadian insurtech platform built for financial advisors, particularly with a focus...

Lead Office: Toronto Date Closed: September 5, 2017 Value: $2.25 million

Rho Canada Ventures and Anges Quebec Capital in the $5 million Series A financing for SPORTLOGiQ

On August 30, 2017, SPORTLOGiQ secured $5 million in its Series A financing round. The round was led by Rho Canada Ventures L.P. ("Rho Canada") and Anges Quebec Capital S.E.C. SPORTLOGiQ is an artificial intelligence powered sports analytics company based in Montreal...

Lead Office: Toronto Date Closed: August 30, 2017 Value: $5 million

Investment Management Corporation of Ontario in its co-majority share acquisition with EagleTree Capital, in Corsair from Francisco Partners valued at US$525 million

On August 28, 2017, Investment Management Corporation of Ontario (IMCO) (on behalf of its client, Ontario Pension Board), Honeywell pension and EagleTree Capital completed a definitive agreement in partnership with current management to acquire a majority stake in Corsair from Francisco...

Lead Office: Toronto Date Closed: August 28, 2017 Value: US$525 million

Acerta in its US$1.625 million Seed financing

On July 7, 2017, Acerta Analytics Solutions Inc. ("Acerta") secured US$1.625 million in its Seed Financing round. The round was led by OMERS Ventures III, LP. Acerta is a software company that delivers machine learning technology to the manufacturing and automotive...

Lead Office: Toronto Date Closed: July 7, 2017 Value: US$1.625 million

AptoVision Technologies Inc. in connection with its sale to Semtech Corp.

On July 1, 2017, Semtech Corp. (“Semtech”) acquired the outstanding equity interests of AptoVision Technologies Inc. (“AptoVision”) for a cash purchase price of US$28 million and additional contingent consideration of up to US$47 million subject to achieving certain future...

Lead Office: Montreal Date Closed: July 1, 2017 Value: US$75 million

Represented Power Survey and Equipment Ltd. in its Class A2 preferred financing of US$24 million

On June 27, 2017, Power Survey and Equipment Ltd. secured US$24M in its Class A2 preferred financing round. The round was initiated by the company’s majority investor EnerTech Capital and Investissement Québec alongside new investors led by Cycle Capital Management joined by Fonds de...

Lead Office: Montreal Date Closed: 27 June 2017 Value: US$24 million

Element AI in its $137 million Series A financing

On June 14, 2017, Element AI announced the recently completed closing of its $137 million Series A financing round, representing the largest Series A financing round for an artificial intelligence company in history. With this funding, Element AI will accelerate its capabilities and invest...

Lead Office: Montreal Date Closed: June 14, 2017 Value: $137 million