The Business Development Bank of Canada related stories
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How Mistral Venture Partners puts its LPs to workThe Canadian seed-stage investor is nearing a final close on its third fund, backed by BDC, HarbourVest and individual LPs, the latter of whom serve as advisors, sit on boards and help with dealflow.
Mangrove Lithium locks in funding from BDC CapitalVancouver-based Mangrove Lithium, a developer of a modular platform for the production of battery-grade lithium hydroxide, has raised C$3 million in funding.
Veerum nets C$7.4m Series A led by BDC Capital, Builders VCVeerum, a Calgary-based software-as-a-service company focused on industrial asset visualization, has secured C$7.4 million in a Series A financing.
- MKB unveils C$150m decarbonization, electrification fund
Montreal-based MKB has initially closed its second fund, MKB Partners Fund II, an investor in late-stage ventures and early growth-stage companies focused on the decarbonization and electrification of energy and transportation.
- Clearpath nabs $5m in convertible funding from BDC Capital
Kitchener, Ontario-based Clearpath Robotics has raised a US$5 million secure convertible note financing from BDC Capital's Bridge Financing Program.
BDC Capital backs growth of ECG's Robertson CollegeWinnipeg-based Education Canada Group, the owner of vocational institution Robertson College, has raised undisclosed non-dilutive financing.
- BDC Capital, Canadian Shield Capital invest in Peak Power
Toronto-based Peak Power has raised follow-on financing from BDC Capital and Canadian Shield Capital, the investment arm of Hatch.
- BDC Capital backs fintech provider Peloton Technologies
Victoria, British Columbia-based financial technology company Peloton Technologies has secured C$500,000 in financing.
- Naver to acquire venture-backed Wattpad for $600m
Wattpad, a Toronto-based entertainment company focused on original stories, has agreed to be acquired by South Korea's Naver.
- BDC Capital provides convertible funding to Ekona Power
Vancouver, British Columbia-based Ekona Power has raised a C$3 million in convertible debenture financing from BDC Capital.