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Xaba Inc. in its closing of a $2 million seed extension round

On January 9. 2024, Xaba Inc. announced it had closed a US$2 million seed extension round, led by BDC Capital’s Deep Tech Venture Fund with participation from Hitachi Ventures and Hazelview Ventures. The investment amount will be used to establish and staff a new robotics lab and to accelerate...

Lead Office: Toronto Date Announced: January 9, 2024 Value: US$2 million

Metro Supply Chain in its acquisition of SCI Group Inc.

On January 9, 2024, Metro Supply Chain announced it entered into an agreement to acquire SCI Group Inc. from Canada Post and Purolator Holdings Ltd. With this acquisition, Metro Supply Chain’s position will be strengthened for offering contract logistics services. The combined entities will...

Lead Office: Montreal Date Announced: January 9, 2024 Value: -

BusPatrol in its private equity investment from GI Partners

On January 9, 2024, BusPatrol announced a significant private equity investment from GI Partners (via GI Data Infrastructure). Through this investment, BusPatrol will continue to rapidly expand and diversify its offerings in the public safety industry, leveraging its already strong established...

Lead Office: Montreal Date Closed: January 9, 2024 Value: -

Contractor Compliance in its acquisition by VelocityEHS

On January 8, 2024, Contractor Compliance announced that it has been acquired by VelocityEHS. Through this acquisition, the VelocityEHS Accelerate Platform will incorporate Contractor Compliance’s innovative third-party contractor and vendor compliance capabilities. The enhanced solution will...

Lead Office: Toronto Date Announced: January 8, 2024 Value: -

NP Digital in its acquisition of REBL House

On January 30, 2024, NP Digital announced its acquisition of Montreal-based creative and branding agency REBL House. This acquisition will support NP Digital’s in-house creative services and performance marketing initiatives for its clients. NP Digital operates as a performance...

Lead Office: Montreal Date Closed: December 30, 2023 Value: -

Boart Longyear in the sale of its shares to American Industrial Partners Capital Fund

On December 27, 2023, Boart Longyear agreed to the sale of its outstanding and issued common shares to American Industrial Partners Capital Fund for approximately US $371 million. Boart Longyear anticipates that the deal will be advantageous to their clients and employees through AIP’s strategy...

Lead Office: Vancouver Date Announced: December 27, 2023 Value: US$371 million

The Canada Growth Fund in its connection with its carbon credit offtake agreement and $200 million strategic investment in Entropy Inc.

On December 20, 2023, the Canada Growth Fund announced its agreement to make a $200 million strategic investment in Entropy Inc., coupled with a novel fixed-price carbon credit offtake agreement that represents first ever large-scale, long-term, fixed-price carbon credit offtake commitment in a...

Lead Office: Calgary Date Closed: -- Value: $200 million

Pagefreezer Software Inc. in its acquisition of X1 Social Discovery Solutions product from X1 Discovery Inc.

On December 19, 2023, Pagefreezer Software Inc. announced that it acquired the X1 Social Discovery Solution product from X1 Discovery Inc. The acquisition was financed through a debt facility provided by BDC Capital.  Through this acquisition, Pagefreezer Software Inc. aims to redefine...

Lead Office: Vancouver Date Closed: December 19, 2023 Value: -

Inverted AI in its closing of a $5.3 million seed funding round

On December 18, 2023, Inverted AI announced it closed a $5.3 million seed funding round that was led by Yaletown Partners. This round also saw participation from Blue Titan Ventures, Dasein Capital, Inovia Capital, Defined, and WUTIF. The company plans to utilize the funding towards...

Lead Office: Vancouver Date Closed: December 18, 2023 Value: $5.3 million

BKR Capital in connection with Woveo’s raising of $2.3 million of seed financing

On December 15, 2023, Woveo announced it raised $2.3 million in seed financing in a round lead by BKR Capital. This round also saw participation from Relay Ventures and Northpine Foundation. Woveo plans on utilizing the funding towards expanding the reach of their platform. BKR Capital,...

Lead Office: Toronto Date Closed: December 15, 2023 Value: $2.3 million