Technology Technology

Professor Sven Dickinson in his appointment to lead Samsung's new Toronto AI Centre

On May 25, 2018, Samsung announced that it has established a state-of-the-art artificial intelligence (AI) centre in downtown Toronto in the MaRS Discovery District, as part of a new venture to tap into and contribute to the flourishing AI industry growing in Canada's largest city. The...

Lead Office: Toronto Date Closed: May 25, 2018 Value: -

AvenueHQ in its seed financings, including its Financing Round of $4.5 million led by Pallasite Ventures Inc. and Vancouver Founder Fund

On May 24, 2018, AvenueHQ, closed a $4.5 million financing round, led by VFF and supported by the BDC Women in Technology Fund as well as Pallasite Ventures. The new seed round builds on a $2.35 million seed round AvenueHQ (then named Realty Butler) announced late last year in 2017. The...

Lead Office: Vancouver Date Closed: May 24, 2018 Value: $4.5 million

NorthOne in its Seed Funding round of $2 million

On May 23, 2018, NorthOne announced that it has completed its Seed Funding round of $2 million. The round was led by investors including angel investor Peter Graham, BetterCompany founder Tom Williams, and returning investor Ferst Capital Partners. NorthOne will use the funding to expand...

Lead Office: Montreal Date Closed: May 23, 2018 Value: $2 million

ChefHero in its Series A Financing round

On May 15, 2018, ChefHero announced that it closed its Series A Financing round from investors noted for some of today's most successful e-commerce brands. The round was led by Accomplice.co, with participation from Golden Venture Partners, Precursor Ventures and Math Ventures. ChefHero...

Lead Office: Toronto Date Closed: May 15, 2018 Value: -

Resson in its $14 million Series C financing

On May 8, 2018, Resson announced that it has completed its Series C Financing round of $14 million. The round was led by Mahindra & Mahindra, which joined existing strategic partners, McCain Foods and Monsanto Growth Ventures, as well as existing investors, Build Ventures, Rho...

Lead Office: Toronto Date Closed: May 8, 2018 Value: $14 million

Xanadu in its $9 million Seed financing

On May 8, 2018, Xanadu announced that it has completed its Seed Financing round of $9 million. The round was led by OMERS Ventures with participation from Golden Ventures and Real Ventures. The funds will help capitalize on the rapid development of Xanadu's unique approach to quantum...

Lead Office: Toronto Date Closed: May 8, 2018 Value: $9 million

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

Howyl Ventures Inc. in its definitive agreement with Victory Square Technologies Inc.

On May 1, 2018, Victory Square Technologies Inc. (Victory Square) acquired 28.5% of all issued and outstanding shares of Howyl Ventures Inc. (Howyl) and Capaciti, their decentralized project marketplace platform, for total consideration of $1,000,000. The consideration consisted of: (i)...

Lead Office: Vancouver Date Closed: May 1, 2018 Value: $1 million

The Underwriters in connection with Ceridian HCM Holding Inc.'s IPO

On April 30, 2018, Ceridian HCM Holding Inc. (Ceridian) announced that it had completed its initial public offering (IPO) of 24,150,000 shares of common stock, which included 3,150,000 shares of common stock issued pursuant to the exercise by the underwriters of their over-allotment option. The...

Lead Office: Toronto Date Closed: April 30, 2018 Value: US$531 million