Canada

Huntress snags $40m debt financing from CIBC Innovation Banking

Huntress plans to use the financing for M&A opportunities, research, product development, and expansion into international markets.

Georgian leads $10m Series B3 financing of software platform Stratifyd

Toronto-based Georgian invests in high-growth technology companies across North America.

Venture-backed Technetix Group acquires Lindsay Broadband

Peterborough, Ontario-based Lindsay Broadband is a manufacturer of specialized broadband transport products.

Espace CDPQ hires Nicolas Rubbo as managing director

Prior to joining Espace CDPQ, Rubbo was vice-president of development and strategic partnerships for La Ruche.

VC-backed Curatio and RxMx merge with backing of Pemba Capital

Curatio's venture capital investors included Rhino Ventures and Conexus Venture Capital Fund.

Lytica raises more than C$13m in Resolve-led Series A financing

Lytica is an Ottawa-based provider of electronic component spend analytics and risk intelligence using real customer data.

Tegus acquires venture-backed financial research platform Canalyst

Canalyst earlier this year secured $70 million in Series C financing led by Dragoneer Investment Group.

Elevation, Bessemer lead C$8.5m round for e-commerce platform Plobal Apps

Elevation and Bessemer also co-led a funding round in 2021, bringing the total capital raised by Plobal Apps to C$14m in the last 6 months.

Nuts For Cheese gathers $5.35m in round led by Forage Capital

The funding will be used for CAPEX for equipment and facility enhancements, as well as towards hires, innovation and marketing initiatives.