McRock Capital related stories
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Triax Technologies fetches $12.5m Series ANorwalk, Connecticut-based Triax Technologies, an IoT solutions provider connecting construction, energy, manufacturing and industrial worksites, has raised $12.5 million in Series A funding.
Poka lands $25m Series B round led by 40 North VenturesQuebec City-based Poka, a connected worker platform built specifically for manufacturers, has raised $25 million in a Series B financing.
- Plus One Robotics amasses $33m in Series B funding
Plus One Robotics, a provider of vision software for logistics robots, has raised $33 million in Series B funding.
- McRock Capital tops up OTTO Motors' Series C round to $34m
Canadian venture capital firm McRock Capital has invested US$5 million in the Series C financing of OTTO Motors, a division of Kitchener, Ontario-based Clearpath Robotics.
Canada sees drop in funding, but the market isn't too worried about 2020Q1 numbers show a 45% QoQ decline in funding to start-ups in Canada, but they also show only a slight decline of 7% from Q1 2019.
Biometric solutions provider Invixium picks up fundingInvixium, a Toronto-based maker of biometric solutions for access control and workforce digitalization, has raised C$3 million in new financing.
- McRock Capital wraps up sophomore industrial IoT fund
McRock Capital, a Canadian industrial internet-of-things venture capital firm, has closed its second fund at C$112 million.
- ThoughtTrace snaps up $10m
ThoughtTrace Inc, a document intelligence and contract analytics software provider, has secured $10 million in financing.
- SkySpecs lands Series C
Ann Arbor, Michigan-based SkySpecs, a provider of operations and maintenance solutions for the wind energy industry, has secured US$17 million in Series C funding.
HarbourVest closes second Canada growth fundHarbourVest Partners has closed its second Canada growth fund at C$300 million. The fund was formed under the Canadian government's Venture Capital Catalyst Initiative. The fund's investors include institutional, corporate and high-net worth private sector investors from Canada, Europe and the U.S. As part of the VCCI program, the fund includes a cornerstone investment by the Canadian government through BDC Capital, the investment arm of BDC.