Lighter Capital Launches in Canada
Lighter Capital, a US provider of growth capital to tech startups, is making its debt financing offerings, including term loans and lines of credit, available to the Canadian market.
Canada
Parent Life Network Buys Help! We’ve Got Kids
Toronto, Canada-based marketing platform Parent Life Network signed a deal with Ideon Media and SavvyMom Media to acquire online business and events directory Help! We’ve Got Kids (HWGK).
BluWave-ai Closes $3.9M Seed Funding
BluWave-ai, an Ottawa, Canada-based cleantech startup, raised $3.9M in seed financing.
Ada Raises $44M in Series B Funding
Ada, a Toronto, Canada-based Automated Customer Experience (ACX) platform provider, raised $44m in Series B funding.
Sofinnova Investments Adds Jonathan Leff as Executive Partner
Sofinnova Investments, a clinical stage biopharmaceutical investment firm, added Jonathan Leff, M.D. to the investment team as an Executive Partner.
Checkfront Raises $9.3M in Series A Funding
Checkfront, a Victoria, BC, Canada-based independent booking management platform for travel experiences, closed a $9.3M Series A funding round.
Validere Raises $15M in Series A Funding
Validere, a Calgary and Toronto, Canada- and Houston, TX-based informatics platform that enables energy companies to realize efficiencies through real-time product quality insights, raised US $15m USD ($20,551,275 CAN) in Series A funding.
Paper Raises $7.5M in Funding
Paper (fka GradeSlam), a Montreal, Canada-based education company, raised 7.5m USD in funding.
Chris O’Neill Joins Portag3 Ventures as a Partner
Venture capital firm Portag3 Ventures p3vc.com appointed Chris O’Neill as a Partner, based in San Francisco.
Blackstone Buys Battery Energy Storage Company NRStor C&I
Funds managed by Blackstone (NYSE:BX)’s Blackstone Energy Partners completed the acquisition of NRStor C&I L.P., a Toronto, Canada-based developer of battery storage solutions, targeting scale storage deployment opportunities in North America.
SkyX Receives Investment from Drone Fund
SkyX, a Toronto, Canada-based aerial data solutions provider, received an investment from Drone Fund, an investment firm based in Tokyo that specializes in investing globally across the drone space, including aerial mobility, drone technologies and DaaS solutions.
SuzoHapp Acquires ISO Office
ISO Office, a Canadian FinTech company, has been acquired by SuzoHapp, a technology company providing software and hardware for cash handling automation and self-service solutions globally.
ClaroNav Closes C$2M Financing
ClaroNav, a Toronto, Canada-based surgical navigation technology company, closed its first external equity financing round.
Duo Bank of Canada To Acquire by Fairstone Financial Holdings
Duo Bank of Canada, a Toronto, Canada-based financial services provider supported by Stephen Smith, Centerbridge Partners L.P. and Ontario Teachers’ Pension Plan, is to acquire all outstanding shares of Fairstone Financial Holdings Inc., which includes all operating subsidiaries, from an investor group led by J.C. Flowers & Co. LLC and Värde Partners, Inc.
PocketPills Closes $7.35M Series A Funding Round
PocketPills, a Toronto, Canada-based full-service digital pharmacy that delivers medication directly to patients, raised $7.35m in Series A funding.