Representative Work Representative Work

Tailscale in its US$100 million Series B financing round

On May 4, 2022, Tailscale announced it had completed its US$100 million Series B financing round led by a pair of new United States investors in CRV and Insight Partners with participation from a group of US-based existing investors Accel, Heavybit and Uncork Capital. This all-equity...

Lead Office: Toronto Date Closed: May 4, 2022 Value: US$100 million

Chorus Aviation in its US$374 million investment by Brookfield

On May 3, 2022, Chorus Aviation, a global provider of integrated regional aviation solutions, announced that Brookfield, through its Special Investments program, and together with institutional partners, completed its strategic equity investment in Chorus Aviation in connection with Chorus...

Lead Office: Toronto Date Closed: May 3, 2022 Value: US$374 million

Nicoya Lifesciences in its acquisition of LSK Technologies

On May 2, 2022, Nicoya Lifesciences announced it had acquired LSK Technologies, a Kitchener-Waterloo based start-up. The acquisition comes just over four months after Nicoya announced a $20 million extension to its $10 million January 2020 Series A round. This acquisition offers an...

Lead Office: Toronto Date Closed: May 2, 2022 Value: -

Behaviour Interactive Inc. in its equity financing with NetEase and Haveli

In early 2022, Behaviour Interactive Inc. (Behaviour) entered into an investment agreement with NetEase Interactive Entertainment, an existing shareholder, and Haveli Investments, a new investor, pursuant to which a minority stake of Behaviour was acquired. This equity financing will allow...

Lead Office: Montreal Date Closed: -- Value: -

BDC Capital in connection with Userful’s $10 million post-seed financing round

On April 29, 2022, Userful, a Calgary-based company that specializes in video walls, digital signage, interactive displays and desktop virtualization, announced it had completed its $10 million post-seed financing round with participation from BDC Capital’s Industrial, Clean and Energy...

Lead Office: Montreal Date Closed: April 29, 2022 Value: $10 million

BluEarth Renewables in its non-recourse debt financing

On April 27, 2022, BluEarth Renewables Inc. closed approximately CAD$170 million in non-recourse debt financing for the Hand Hills Wind Project in Alberta, Canada. The Project will comprise 29 wind turbines generating 145-MW, providing clean, renewable energy for approximately 68,000 homes annually...

Lead Office: Toronto Date Closed: April 27, 2022 Value: $170 million

Kinross Gold Corporation in its US$225 million sale of Chirano mine to Asante Gold Corporation

On April 25, 2022, Kinross Gold Corporation announced it had entered into an agreement with Asante Gold Corporation to sell its 90% interest in the Chirano mine in Ghana for a total consideration of US$225 million in cash and shares. Upon closing of the transaction, Kinross will receive US$115...

Lead Office: Toronto Date Closed: -- Value: US$225 million

Signal 1 in its collaboration with Unity Health Toronto and TD Bank Group along with its US$10 million Seed financing

On April 25, 2022, Signal 1 announced strategic collaborations with Unity Health Toronto, a leading health network in Ontario, and TD Bank Group (TD) and its world-leading applied AI division, Layer 6. Signal 1 launched with US$10 million in Seed financing led by iNovia Capital. Other...

Lead Office: Toronto Date Closed: April 25, 2022 Value: US$10 million

Responsive in its $3.5 million Series A financing round

On April 21, 2022, Responsive announced it had completed its $3.5 million Series A financing round led by Co-operators, a Canadian insurance company. This all-equity round will support Responsive in its expansion to the United States and European markets. Responsive also intends to...

Lead Office: Vancouver Date Closed: April 21, 2022 Value: $3.5 million

Sheertex in its $101 million Series C financing round

On April 21, 2022, Sheertex announced it had completed its $101 million Series C financing round led by a major clothing company. With this financing, Sheertex plans to increase investments in the development of their proprietary materials while expanding their vertically integrated manufacturing...

Lead Office: Toronto Date Closed: April 21, 2022 Value: $101 million