Canada

Carbon markets company ClearBlue raises C$8m in Series A round

Royal Bank of Canada led the round, with participation from existing investor CRCM Ventures.

Venture-backed Paper buys reading skills platform Readlee

Based in Montreal, Paper is an educational support system.

Xnrgy Climate Systems nabs growth funding co-led by MKB, Idealist

Based in St-Hubert, Quebec, Xnrgy Climate Systems is a maker of energy efficient commercial heating, ventilation and air conditioning systems.

Operto Guest Technologies secures $25m in Series B financing

Centana Growth Partners led the round, with participation from Thayer Ventures, FUSE, Blackpines Capital Partners and Derive Ventures.

Digital info management platform Shinydocs scores C$16.25m in VC

First Ascent Ventures and Export Development Canada led the round.

Vendasta buys VC-backed customer engagement platform Broadly

Based in Saskatoon, Vendasta provides technology to almost six million small and medium-sized businesses through its relationships with channel partners.

Synctera nabs $15m to help companies build fintech apps in Canada

NAventures, the corporate venture arm of National Bank of Canada, led the round.

BDC Capital taps Sévrine Labelle as Thrive Lab managing director

The C$100 million Thrive Lab will be launched officially in the spring of 2023.

Airex Energy lands C$38m Series B to advance decarbonization solutions

Airex produces biochar, biocarbon and biocoal, each of which has multiple applications relevant to climate change.

Spark Microsystems raises C$48m in Idealist Capital-led Series B

Based in Montreal, Spark Microsystems is a fabless semiconductor company.