Representative Work Representative Work

Nudge in its acquisition by Axonify

On June 22, 2022, Nudge announced its acquisition by Axonify, a software company that provides communications and training software to frontline employees. With this acquisition, Axonify and Nudge will offer the best-in-class tools for frontline-devoted organizations as well as deliver an...

Lead Office: Toronto Date Closed: -- Value: -

Chinova Bioworks in its $6 million Series A financing round

On June 22, 2022, Chinova Bioworks announced it had closed its $6 million Series A financing round co-led by DSM Venturing and Rhapsody Venture Partners with participation from Rich Products. This financing will allow Chinova Bioworks to continue building its team, launch new products and...

Lead Office: Toronto Date Closed: June 22, 2022 Value: $6 million

Autozen in its $5.1 million seed financing

On June 21, 2022, Autozen announced it had secured $5.1 million in its seed financing round, which was led by Vanedge Capital with participation from Anges Québec. With this all-equity, all-primary capital financing, Autozen plans to expand across North America and enter into new markets in...

Lead Office: Vancouver Date Closed: June 21, 2022 Value: $5.1 million

Bitvo Inc. in its proposed acquisition by FTX Trading

On June 17, 2022, Bitvo Inc., a Calgary-based crypto asset trading platform, announced that it entered an agreement to be acquired by FTX Trading. Bitvo is registered as a restricted dealer, allowing it to offer crypto asset trading services across all provinces and territories in...

Lead Office: Calgary Date Closed: -- Value: -

iNovia Capital in its US$325 million early-stage fund

On June 15, 2022, iNovia Capital announced that it raised US$325 million for its fifth early-stage fund. The fund was strongly supported by existing and new investors, and will back tech-focused companies financially in their aspirations and new endeavors. This is part of their plan to help...

Lead Office: Montreal Date Closed: June 15, 2022 Value: US$325 million

CapIntel in its $14.2 million Series A financing round

On June 14, 2022, CapIntel completed its $14.2 million Series A financing round led by US-based FinTech Collective with participation from Toronto’s Fengate Asset Management on behalf of its investor, the LiUNA Pension Fund of Central and Eastern Canada. With this majority equity round,...

Lead Office: Toronto Date Closed: June 14, 2022 Value: $14.2 million

VirgoCX in connection with Virgo Group’s $10 million Series A financing round

On June 8, 2022, Virgo Group, the parent company of VirgoCX, announced it had completed its $10 million Series A financing round led by Draper Dragon and saw participation from Blockdream Ventures, Cobo Ventures, Molecular Group, Sora Ventures, and How Link Investment. Virgo Group will use...

Lead Office: Toronto Date Closed: June 8, 2022 Value: $10 million

Delphia in its US$60 million Series A financing round

On June 8, 2022, Delphia announced it had completed its US$60 million Series A financing round led by Multicoin Capital with additional participation from Ribbit Capital, FTX Ventures, Valor Equity Partners, FJ Labs, Lattice Ventures, Cumberland and M13. Delphia will use the funds to launch...

Lead Office: Toronto Date Closed: June 8, 2022 Value: US$60 million

Thin Air Labs in its $20 million initial close of venture capital fund

On June 8, 2022, Thin Air Labs announced it had secured $20 million in the first close of its Thin Air Labs Fund I. The initial close includes $4 million from the Opportunity Calgary Investment Fund (OCIF). With this funding, Thin Air plans to continue raising towards its $100...

Lead Office: Ottawa Date Closed: June 8, 2022 Value: $20 million

Zebra Technologies in its acquisition of Matrox Imaging

On June 7, 2022, Zebra Technologies Corporation completed its previously announced acquisition Matrox Imaging, a proven developer of advanced machine vision components and systems, for US$875 million. With this acquisition, Zebra will further expand its offering in the fast-growing...

Lead Office: Montreal Date Closed: June 7, 2022 Value: US$875 million