Canada

Steel Reef to buy gas assets from Crescent Point

Calgary-based Steel Reef Infrastructure Corp, a midstream company, has agreed to acquire certain associated gas gathering, processing and sales infrastructure assets in Saskatchewan from Crescent Point Energy Corp for $500 million.

Viisights picks up Series A

Tel Aviv-based Viisights, a developer of behavioral understanding systems for real-time video intelligence, has secured US$10 million in Series A funding. Canadian venture firm Awz Ventures led the round with participation from other investors that included Firstime Ventures. The capital will be used for sales expansion, establishing a global presence, product enhancements and new product developments.

Winterlight Labs takes in funding

Toronto-based Winterlight Labs Inc, a developer of artificial intelligence to help healthcare professionals assess and analyze patients' cognitive health, has secured C$5.6 million in funding. Hikma Ventures, the venture capital arm of Hikma Pharmaceuticals PLC, led the round. Other investors that participated in the round included First Star Ventures, Pacific Health Ventures and Grey Sky Venture Partners.

Roadmap Capital backs Corsa Security

Ottawa, Ontario-based Corsa Security, a provider of scaling network security solutions, has secured C$11 million in funding. The backer was Roadmap Capital. The capital infusion will be used for expansion.

Intelligent automation startup Charli AI lands $1.6 mln seed

Vancouver, British Columbia-based Charli AI, an intelligent automation startup, has secured $1.6 million in seed funding. The investors were Yaletown Partners and BDC Capital.

Onex sells SIG shares in secondary deal

Avante Logixx raises $18 mln from Fairfax

Avante Logixx Inc, a Toronto-based provider of high-end security services, has secured up to $18 million from Fairfax Financial in a private placement. Also, Avante has agreed to acquire Milton, Ontario-based ASAP, a provider of physical security services, for $10.5 million. Canaccord Genuity Corp. acted as financial adviser to Avante on the private placement.

ONCAP buys Enertech from Tower Arch Capital

Canadian private equity firm ONCAP has acquired Texas-based Enertech, a provider of wireless infrastructure services to telecommunications carriers and tower owners throughout the Southern, Central and Pacific Northwest regions of the U.S. The seller was Tower Arch Capital LLC. No financial terms were disclosed.

1Password inks Series A

Toronto-based 1Password, a password manager, has raised US$200 million in Series A funding. Accel led the round with participation from other investors that included Slack Fund. The capital infusion will be used for product investment and expansion.

Consumer research platform Potloc nabs $13 mln in Series A round

Potloc, a Montréal-based provider of consumer intelligence, has raised more than $13 million in a Series A financing. The round, which brings total funding to $17 million, was led by Brightspark Ventures and Investissement Québec and joined by Fonds Ecofuel, Cap Horn and Desjardins Capital​. Founded in 2014 by CEO Rodolphe Barrerre, COO Louis Delaoustre and CTO Jérémy Lagrue, Potloc will use the funds raised for new hires, entering new markets, including the U.S., U.K. and elsewhere in Europe, and developing artificial-intelligence capabilities.