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Regal Resources Royalties Fund in its US$40 million investment in Sandbox Royalties Corp.

On October 31, 2023, Regal Resources Royalties Fund, announced that they invested US$17.5M in equity in Sandbox Royalties Corp., along with a US$22.5m co-investment with Sandbox in a syndicated gold stream on Equinox Gold’s flagship Greenstone gold mine. The total deal value of this transaction...

Lead Office: Vancouver Date Closed: October 31, 2023 Value: US$40 million

Kento Health in its closing of a $4.1 million pre-seed financing round

On October 30, 2023, Kento Health announced that it raised $4.1 million in a pre-seed financing round. This round was led by Boreal Ventures and N49P and had participation from Broom Ventures and Graphite Ventures. The company plans on utilizing the funding towards expanding to the United...

Lead Office: Montreal Date Closed: October 30, 2023 Value: $4.1 million

Arteria AI in its $46 million Series B financing round

On October 26, 2023, Arteria AI announced a $46 million Series B financing round led by GGV Capital and was supported by Illuminate Financial, Information Venture Partners (Information VP), BDC Capital, and Citi. The company plans on using the funding towards its market and product development...

Lead Office: Toronto Date Closed: October 26, 2023 Value: $46 million

CentML in its securing of $37 million of seed funding

On October 25, 2023, CentML announced it has secured $37 million in seed funding in a round led by Gradient Ventures, Google’s AI-focused venture fund. The round also had participation from Nvidia, Deloitte Ventures, Thomson Reuters Ventures and existing backer, Radical Ventures.CentML...

Lead Office: Toronto Date Closed: October 25, 2023 Value: $37 million

Procurify in its closing of a $68 million Series C financing round

On October 17, 2023, Procurify announced that it closed a $68 million Series C financing round. This all-equity, all-primary round was led by United States-based FinTech investor Ten Coves Capital and included a co-investment from fellow new investor Export Development Canada. The round also saw...

Lead Office: Toronto Date Closed: October 17, 2023 Value: $68 million

Significant decision at the Supreme Court of Canada: five judge majority finds the Impact Assessment Act unconstitutional

On October 13, 2023, The Supreme Court of Canada released its reasons opining on the constitutionality of the federal Impact Assessment Act, SC 2019, c 28, s 1 and Physical Activities Regulations, SOR/2019-285 (together, the IAA).A majority of the Court, comprised of five judges, held that...

Lead Office: Calgary Date Closed: October 13, 2023 Value: -

Lead investor in its strategic placement in Aimia

On October 13, 2023, Aimia announced a strategic investment by way of a private placement by several arm's length, seasoned strategic investors, including current and former Fortune 500 company CEOs and executives. Mithaq Capital was subsequently unsuccessful in its application to the...

Lead Office: Toronto Date Closed: October 13, 2023 Value: -

Properly in its business combination with Pine

On October 5, 2023, Properly announced that it has been acquired by Pine. Through this acquisition, the companies will be better positioned to offer more services in the Canadian real estate market. This announcement follows a separate transaction between Properly and US-based Compass, which...

Lead Office: Toronto Date Closed: October 5, 2023 Value: -

Diversified Royalty Corp. acquires trademarks and other intellectual property rights of BarBurrito Restaurants Inc.

On October 4, 2023, Diversified Royalty Corp. announced its acquisition of the trademarks and certain other intellectual property rights of BarBurrito Restaurants Inc. in Canada for $108 million. Pursuant to the transaction, Diversified Royalty Corp. licensed the BarBurrito Rights back...

Lead Office: Toronto Date Closed: October 4, 2023 Value: $108 million

Ten Key Labs in its raising of $10.5 million in Seed financing

On October 4, 2023, Ten Key Labs, announced that they raised $10.5 million in Seed funding and launched a new equity management platform called Mantle. The financing round included participation from Eniac, Craft Ventures, Vaynerfund, Sierra Ventures, and Leaders Fund and Varma.Ten Key...

Lead Office: Toronto Date Closed: October 4, 2023 Value: $10.5 million