Canada

Vancouver-based travel app Launchtrip has collected $3.8 million in a seed-stage financing.

Toronto-based financial technology company Brim Financial has raised C$25 million in a Series B financing.

Canadian venture capital firm Inovia Capital has closed a second growth fund, raising $450 million.

Global Health Sciences Fund, a partnership of Canada's Quark Venture and China's GF Securities, has invested in the $25 million financing of EyeYon Medical.

The fund, backed by existing and new LPs, gives the firm $1.5bn in total AUM. Partner Chris Arsenault says the firm came to market with the vehicle sooner than expected.

San Mateo- and Toronto-based LoginID has collected $6 million in a seed-stage financing.

Canadian venture capital firm Greensoil PropTech Ventures has initially closed its second sustainable real estate technology fund, raising half of the $100 million target.

Canadian venture capital firm Active Impact Investments has raised C$41 million in the first close of a second fund focused on accelerating climate technology solutions.

Insitro, a machine learning-driven drug discovery and development company, has raised $400 million in Series C financing.