Private Equity
L'Oréal's venture capital arm, Business Opportunities for L'Oréal Development, has made a minority investment in Functionalab Group, a Montréal-based developer and marketer of skin care and beauty brands.
4 min read · 28 November 2019
The top-up tranche was led by Drive Capital and joined by the National Bank of Canada's NAventures.
3 min read · 28 November 2019
Valent Low-Carbon Technologies has secured a $30 million investment from Kensington Private Equity Fund, an affiliate of Kensington Capital Partners, and John Risley's CFFI Ventures.
3 min read · 28 November 2019
The round was led by Conexus Venture Capital and joined by SaskWorks. Existing investors Information Venture Partners, ScaleUp Ventures, Bay Partners, StandUp Ventures and PIC also participated.
2 min read · 28 November 2019
CIBC Innovation Banking has provided financing for Edsby.
2 min read · 26 November 2019
Canopy Rivers Inc, the venture capital arm of Canadian cannabis company Canopy Growth, has added Thirty Five Ventures to its advisory board. Thirty Five Ventures is owned by NBA star Kevin Durant and sports business executive Rich Kleiman.
3 min read · 26 November 2019
SABIC Ventures has made an investment in Imtex Membranes Corp.
2 min read · 26 November 2019
Canadian venture capital firm Plaza Ventures is partnering with Alphabet's Sidewalk Labs to launch Quayside Venture Partners. The firm will focus on Canadian urban tech companies.
3 min read · 26 November 2019
Toronto-based iQ Offices, an operator of premium coworking spaces, has secured $10 million in funding.
3 min read · 22 November 2019
Gatineau, Quebec-based Adaptive Networks, which manages multi-site computer networks using SD-WAN technology, has secured $1.5 million in funding. The investor was BDC Capital's Growth & Transition Capital division. The capital will be used to support the company's plan to increase its annual recurring revenues nine-fold over the next five years.
3 min read · 21 November 2019
