Canada

Occidental Petroleum to acquire VC-backed Carbon Engineering

Carbon Engineering is a Squamish, BC-based provider of direct air capture technology that captures carbon dioxide out of the atmosphere for storage or production as clean transportation fuel.

Scotiabank provides C$30m debt facility to VC-backed Field Effect

Last year, Field Effect raised $34.5 million in Series A financing backed by Edison Partners and Round 13 Capital.

Novarcs completes Series A round with Caterpillar Venture Capital

Novarc specializes in the design and manufacturing of cobots and artificial intelligence-enabled machine vision solutions for autonomous welding.

EventMobi buys VC-backed virtual events platform Run The World

Run The World raised $15 million in venture capital from investors like Andreessen Horowitz, Founders Fund and Will Smith.

InnerSpace secures C$10m in Yaletown Partners-led Series A

InnerSpace is a Toronto-based provider of workplace space utilization insights by leveraging existing Wi-Fi infrastructure.

Denmark's Novo Nordisk to acquire venture-backed Inversago Pharma

Inversago is a Montreal-based developer of CB1 receptor-based therapies for the potential treatment of obesity, diabetes and other serious metabolic disorders.

Compact Membrane Systems secures $16.5m in Series A round

The round was led by Pangaea Ventures, a Canadian venture capital firm, with participation from GC Ventures, Solvay Ventures, Chevron Technology Ventures and Technip Energies.

General Fusion brings in $25m in Series F financing's first close

The round was anchored by existing investors BDC Capital and GIC and included new grant funding from the British Columbia government.

AppDirect buys ADCom's network operations center and VEEUE platform

AppDirect, a San Francisco-based B2B subscription commerce platform company, was originally founded in Montreal.