Private Equity
QuickPay Corp has acquired Nautical Technologies, the parking, transit and tolling technology division of Apps Network Appliances Inc. The financial terms of the deal were not disclosed. The merged company will now be known as LocoMobi Inc. Based in Oakville, Ontario, Apps Network Appliances, also known as ANAi Global, is a developer and designer of advanced networking communications. The San Francisco, Calif.-based QuickPay is backed by a number of U.S. venture capital firms, including A16Z Seed, Advanced Technology Ventures, Ecomobilite Ventures, IncWell and Fontinalis Partners.
7 min read · 21 April 2014
Cardiac Dimensions, a Kirkland, Washington-based provider of minimally invasive treatments for heart failure and related cardiovascular conditions, announced this week that it has raised US$20 million in financing from M. H. Carnegie & Co. and Toronto-based Lumira Capital. Cardiac Dimensions was first the recipient of venture capital financing in 2002, and has been venture-backed by Lumira since 2007.
4 min read · 17 April 2014
Cardiac Dimensions, a Kirkland, Washington-based provider of minimally invasive treatments for heart failure and related cardiovascular conditions, announced this week that it has raised US$20 million in financing from M. H. Carnegie & Co. and Toronto-based Lumira Capital. Cardiac Dimensions was first the recipient of venture capital financing in 2002, and has been venture-backed by Lumira since 2007.
4 min read · 17 April 2014
The Business Development Bank of Canada and the Canadian Youth Business Foundation this week announced the regional finalists for the 2014 BDC Mentorship Award, the recipient of which will be announced on May 14 at the CYBF's Growing Young Enterprise Canadian Summit. The Canadian Youth Business Foundation is a national non-profit organization dedicated to growing Canada’s economy through the mentoring and financial support of young entrepreneurs.
3 min read · 17 April 2014
The Business Development Bank of Canada and the Canadian Youth Business Foundation this week announced the regional finalists for the 2014 BDC Mentorship Award, the recipient of which will be announced on May 14 at the CYBF's Growing Young Enterprise Canadian Summit. The Canadian Youth Business Foundation is a national non-profit organization dedicated to growing Canada’s economy through the mentoring and financial support of young entrepreneurs.
3 min read · 17 April 2014
Lumenpulse announced this week that it has closed its previously announced initial public offering with total proceeds of approximately $100 million. Based in Montreal, Lumenpulse is a designer and manufacturer of LED-based lighting fixtures and was previously venture-backed by Fonds de solidarité FTQ.
4 min read · 17 April 2014
Lumenpulse announced this week that it has closed its previously announced initial public offering with total proceeds of approximately $100 million. Based in Montreal, Lumenpulse is a designer and manufacturer of LED-based lighting fixtures and was previously venture-backed by Fonds de solidarité FTQ.
4 min read · 17 April 2014
Procurify has received $1.2 million in seed funding. The investors included Nexus Venture Partners, Mark Cuban and the Business Development Bank of Canada. Based in Vancouver, British Columbia, Procurify is a cloud procurement software company.
3 min read · 16 April 2014
Procurify has received $1.2 million in seed funding. The investors included Nexus Venture Partners, Mark Cuban and the Business Development Bank of Canada. Based in Vancouver, British Columbia, Procurify is a cloud procurement software company.
3 min read · 16 April 2014
Early-stage green tech investor GreenAngel Energy Corp. has named Thealzel Lee and Mike Walkinshaw to its board of directors. Currently, Lee is a senior partner at Rocket Builders while Walkinshaw is a managing partner and co-founder of Fronterra Ventures, an oil and energy-focused venture fund based in Calgary and Vancouver.
3 min read · 16 April 2014