Canada

Private AI collects $8m in BDC Capital-led Series A financing

Based in Toronto, Private AI is a software startup that uses artificial intelligence to help businesses preserve the privacy of their users.

Inovia leads $40m round backing Symend's next phase of growth

Symend is a Calgary-based behavioral engagement technology company.

BoostSecurity emerges from stealth, closes C$12m seed financing

Sorenson Capital led the round.

Georgian leads $60m Series B financing extension for Island

Georgian’s investment extends Island’s previously announced Series B round, led by Insight Partners.

Robotics supply-chain platform Attabotics nabs $71.1m in Series C-1

Export Development Canada led the round, with participation from Ontario Teachers’ Pension Plan Board through Teachers’ Venture Growth.

VC-backed Functionalab to merge with FYI Health's medical aesthetics unit

The combined company will be led by Francis Maheu and Jason McWhirter as co-CEOs and Marilyne Gagné as president of Dermapure and ProjectSkin MD.

Local delivery tech startup Trexity grabs C$1m in additional VC

The investors were AQC Capital and Anges Quebec.

Round13 Capital backs urban beekeeping company Alvéole

Alvéolet brings nature-based solutions, such as honey bee hives, pollinator habitat and bee-friendly gardens to buildings in cities and monitors their impact with technology.

Experience management platform Alida grabs C$60m credit facility

The lead lender was National Bank of Canada, while the co-lenders included BMO, Comerica and Silicon Valley Bank.

Xanadu completes $100m Series C round, achieves $1bn valuation

Founded in 2016, Xanadu has to date raised $250 million, bringing the company's valuation to $1 billion.