VCJ Staff

GridX raises $12m led by Energy Impact Partners

The company provides cloud-based business operations support solutions to utilities and energy suppliers.

Xanadu collects $100m in Bessemer-led Series B financing

Toronto-based Xanadu, a photonic quantum computing company, has secured $100 million in a Series B financing.

Restaurant scheduling platform 7shifts closes $21.5m Series B

7shifts, a Saskatoon-based provider of employee scheduling and management software for the restaurant industry, has raised $21.5 million in a Series B financing.

Canadian tech companies net record C$2.7bn in Q1: CVCA

Venture capital investing in Canadian technology companies was strong out of the gate in Q1 2021, according to a report issued this week by the Canadian Venture Capital and Private Equity Association.

Edison Partners leads growth round in MacroFab

Houston-based MacroFab raises $15m in a growth led by Edison Partners and including Altium Limited.

Future Family adds $9m in funding

Backers included Mindset Ventures. The San Francisco company provides fintech services for fertility-related services and last raised $10m in late 2018.

Benchmark leads $7m funding of AcuityMD

AcuityMD of Boston raises $7m in a Benchmark-led round that also included Ajax Health.

Boston fintech platform Stavvy raises $40m

Morningside Technology Ventures led the Series A funding round for the company, which is looking to aggressively grow.

Commonwealth Bank backs online shopping start-up Little Birdie

The Australian company raises AUD $30m prior to its launch.

Global banking tech start-up Zeta raises $250m from SoftBank

The investment from SoftBank Vision Fund 2 values the company at $1.45bn.