Private Equity
Singapore-based One BioMed Pte Ltd, a medical diagnostics company, has raised $5 million in Series A financing round. Biopath Ventures and ARCH Venture Partners led the round with participation from SEEDS Capital.
1 min read · 10 July 2019
Silicon Valley-based YL Ventures has closed its fourth fund at $120 million. YL Ventures invests in Israeli cybersecurity startups.
4 min read · 10 July 2019
District Ventures Capital, a Canadian consumer-goods venture capital firm founded by Dragon’s Den star and entrepreneur Arlene Dickinson, has raised additional capital. Ontario Municipal Employees Retirement System (OMERS) and Bank of Montreal (BMO) provided the commitments, increasing District's debut fund to $70 million. OMERS committed $33 million. Calgary-based District invests in early-stage consumer-goods companies, including innovative brands in Canada’s food, beverage and health sectors. The firm also sponsors an accelerator. Fund I was initially capitalized in 2017 by George Weston Ltd, the Saputo family, ATB Financial, Canada Goose CEO Dani Reiss, Retail Ready Foods and other limited partners.
3 min read · 10 July 2019
Ontario Teachers’ Pension Plan has appointed Jo Taylor as its president and CEO, effective January 1, 2020. Taylor, who is currently executive managing director, global development, will replace Ron Mock, who is retiring. Mock joined Ontario Teachers' in 2001 and became president and CEO in 2014. Taylor began with Ontario Teachers’ in 2012, leading Europe, Middle East and Africa (EMEA) operations and later assumed additional responsibility for Asia-Pacific operations. His prior roles include serving as managing partner of U.K. private equity and infrastructure firm 3i Group. Toronto-based Ontario Teachers’ oversees more than $191 billion in net assets.
5 min read · 09 July 2019
Sydney, Nova Scotia-based cybersecurity technology company Securicy has raised $1.8 million in financing. Private backers of the round, including Hub Angels, Panache Ventures, Concrete Ventures, Innovacorp and U.S. angel investors, committed $1.2 million. Federal and provincial government sources accounted for the rest. Securicy is a software-as-a-service provider that specializes in helping small and medium-sized organizations achieve and maintain information security and privacy compliance. Founded in 2016 by CEO Darren Gallop and COO Laird Wilton, the company previously secured about $655,000 (US$500,000) in a pre-seed round.
3 min read · 09 July 2019
Coloursmith Labs, a Halifax-based provider of optical filter technology, has secured $600,000 in a pre-seed financing. The round was backed several investors, including Brigus Capital, Island Capital Partners and the venture capital fund of Killick Capital. Brigus President Wade Dawe will join the board. Founded last year by CEO Gabrielle Masone, Coloursmith develops lens-enhancing filters for contact lenses to address vision challenges. Its early-stage product pipeline includes optical filters to enhance colour vision and protect eyes from harmful blue light. Coloursmith will use the funds raised to further advance its technology and hire additional staff.
3 min read · 09 July 2019
Bolt, a checkout startup, has raised $68 million in funding, according to a blog post on its site. Activant Capital and Tribe Capital led the round.
1 min read · 09 July 2019
UK-based Unmade, a fashion software company, has secured 4.75 million pounds in funding. Octopus Ventures led the round with participation from other investors that included MMC Ventures and Felix Capital.
4 min read · 09 July 2019
Blue Water Vaccines, a developer of a universal flu vaccine developed at the University of Oxford, has raised $7 million in seed funding. CincyTech led the round.
3 min read · 09 July 2019
Sinequa, a AI-powered search and analytics platform for Global 2000 companies and government agencies, has secured $23 million in funding. Jolt Capital led the round.
1 min read · 09 July 2019
