Representative Work Representative Work

BDC Capital, Pender Ventures and GroundBreak Ventures in Spark RE Technologies’ US$5 million Series A investment round

On July 28, 2021, Vancouver-based Spark RE Technologies (Spark) announced the closing of a US$5 million Series A investment round led by BDC Capital and Pender Ventures, with participation from GroundBreak Ventures. This marks a significant step for Spark and the real estate industry as its...

Lead Office: Vancouver Date Closed: July 28, 2021 Value: US$5 million

Clio in its acquisition of CalendarRules

On July 27, 2021, Vancouver-based Clio announced the acquisition of California-based automated court-calendaring company CalendarRules. This transaction represents Clio’s first acquisition since becoming the first law practice management company to achieve unicorn status earlier in 2021....

Lead Office: Vancouver Date Closed: July 27, 2021 Value: -

Notch in its US$10 million financing round

On July 27, 2021, Notch, an all-in-one software solution that digitally orders wholesale food supplies for restaurants and distributors, announced it had completed its US$10 million financing round led by Accomplice and BDC Capital. The capital raised will allow Notch to bring more supply...

Lead Office: Toronto Date Closed: July 27, 2021 Value: US$10 million

The underwriters in D-BOX Technologies’ $5.75 million bought deal public offering

On March 4, 2021, D-BOX Technologies completed its bought deal offering of 44,275,000 units at $0.13 per unit for $5.75 million. The offering was conducted by a syndicate of underwriters led by Canaccord Genuity Corp., and including Echelon Wealth Partners Inc. and iA Private Wealth Inc....

Lead Office: Montreal Date Closed: July 23, 2021 Value: $5.75 million

Cenovus in its purchase of renewable energy from the Cold Lake solar project

On July 22, 2021, Cenovus Energy announced its agreement to purchase 150 megawatts of electricity and renewable energy credits as a bundled PPA, from the Cold Lake solar power project, located in Southern Alberta. Elemental Energy Inc., an operator of renewable energy projects, and the Cold Lake...

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

Radical Ventures in ClimateAi’s $12 million Series A financing round

On July 21, 2021, ClimateAi announced a $12 million Series A financing round led by AI-focused Radical Ventures with participation from FootPrint Coalition. ClimateAi aims to be deployed across half a billion acres of farmlands around the globe within the next three years and to expand its...

Lead Office: Toronto Date Closed: July 21, 2021 Value: $12 million

Untether AI in its US$125 million financing round

On July 20, 2021, Untether AI announced it had completed its US$125 million all-equity financing round co-led by Tracker Capital and Intel Capital and including participation from CPPIB and previous investors including Radical Ventures. The funding will be used to expand its product and development...

Lead Office: Toronto Date Closed: July 20, 2021 Value: US$125 million

The syndicate of underwriters in the US$2.50 billion bond offering by the Province of British Columbia

On July 20, 2021, the Province of British Columbia completed its US$2.50 billion bond offering. RBC Capital Markets, BMO Capital Markets, Deutsche Bank AG, London Branch, National Bank of Canada Financial and TD Securities (USA) LLC acted as underwriters on the deal. Osler, Hoskin &...

Lead Office: Vancouver Date Closed: July 20, 2021 Value: US$2.50 billion

Awz Ventures in the launch of Awz X-Seed, the firm's seed-stage technology accelerator and investment fund

On July 20, 2021, Awz Ventures announced the launch of its Awz X-Seed investment accelerator hub in Tel Aviv. This investment is launched in partnership with MAFAT ­- the Israeli Ministry of Defense’s Directorate of Defense Research and Development, as well as with other security...

Lead Office: Montreal Date Closed: July 20, 2021 Value: -

A significant equity sponsor of Black Swan Energy in its $1.1 billion acquisition by Tourmaline

On July 15, 2021, Tourmaline Oil Corp. completed its acquisition of Black Swan Energy for $1.1 billion. Tourmaline Oil Corp. is a natural gas producer specializing in exploration, development, production and acquisition in the Western Canadian Sedimentary Basin. Black Swan Energy is an oil...

Lead Office: Calgary Date Closed: July 15, 2021 Value: $1.1 billion