Private Equity

North America

Fable Tech Labs lands $10.5m in funding led by Five Elms: G&M

Fable Tech Labs, a Toronto-based startup that helps make digital products more usable by people with accessibility challenges, has raised $10.5 million in financing, the Globe and Mail reported.

1 min read · 17 May 2022

Canadian VC investing vigorous in Q1 despite fall in deal count

Canada's venture capital market saw C$4.5 billion invested across 196 financings in Q1 2022, the second-highest quarterly deployment on record.

2 min read · 17 May 2022

Forma.ai grabs $45m in Series B deal led by ACME Capital

Forma.ai, a Toronto-based provider of artificial intelligence-enabled sales performance management solutions, has secured $45 million in Series B financing.

4 min read · 17 May 2022

Idea Well Capital Partners invests in Teric Power

Teric Power, a Calgary-based developer of battery energy storage systems, has raised an investment from Canadian venture capital firm Idea Well Capital Partners.

3 min read · 17 May 2022

Thoma Bravo leads $100m Series D financing of Imply Data

Imply Data Inc, a real-time analytics database firm, has secured $100 million in Series D financing.

5 min read · 17 May 2022

Healthybud raises C$650k in seed round backed by angels

Montreal-based pet wellness startup Healthybud has raised C$650,000 in seed financing, bringing total funding to C$1 million.

2 min read · 16 May 2022

Friday Letter: Keep calm and venture on

VC funds performed admirably during the Global Financial Crisis and produced stellar returns in the following years, so you shouldn't be overly concerned about current economic uncertainty.

3 min read · 13 May 2022

Espresso Capital provides $8m credit facility to 3BG Supply

3BG, a technology-enabled distributor of industrial maintenance, repair, and operations products, has secured a $8 million credit facility from Espresso Capital.

2 min read · 12 May 2022

Clutch snags C$150m debt financing from Neuberger: BetaKit

Clutch, a Toronto-based online car retailing platform for pre-owned vehicles, has secured C$150 million in debt financing, BetaKit reported.

1 min read · 12 May 2022

Lighthouse wins $7m seed led by Accel, BlockTower, Animoca

Lighthouse, a Montreal-based developer of an open metaverse navigation engine, has secured $7 million in seed financing.

5 min read · 11 May 2022

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