Private Equity
New York-based BlockFi, a provider of loans to cryptoasset owners, has raised $1.55 million in funding. The investors were ConsenSys Ventures, Kenetic Capital, PJC, SoFi, Purple Arch Ventures and Lumenary.
1 min read · 16 February 2018
Missoula, Montana-based onXmaps Inc, a mobile apps company that provide maps for hunters and other outdoor recreation, has raised $20.3 million in funding. Summit Partners led the round with participation from other investors that included Bessemer Venture Partners, Millennium Technology Value Partners and Next Frontier Capital.
1 min read · 16 February 2018
Unsplash, a free, curated photo platform based in Montréal, has raised C$7.25 million in a Series A financing. The round was led by OST, a blockchain technology company that sponsors Simple Token, a digital currency enabler. In a blog post, OST said its investment was a combination of 80 percent cash and 20 percent tokens. OST CEO Jason Goldberg will join the board as a result. The financing’s other new and returning investors included Accomplice, Betaworks and Real Ventures. Unsplash CEO Mikael Cho, who co-founded the company in 2013, said the funds raised will help create a “new economic model around photography” using cryptocurrency.
6 min read · 16 February 2018
Vancouver-based financial software startup Dojo Technology Corp has raised undisclosed seed-stage financing. The backer was Vested Ventures, the investment arm of U.S. public relations agency Vested. Founded in 2016, Dojo has created a gamified mobile platform that helps youth and their families interact with financial institutions. Dojo's app, currently focused on kids, will soon expand to include teenagers and adults. Led by Chad Sichello, the company will use its partnership with Vested to grow the brand across Canada and the United States and develop new prospects and revenue opportunities.
4 min read · 16 February 2018
Gr8 People, a provider of enterprise recruiting software for corporate and recruiting process outsourcing enterprises, has raised $8 million in Series B financing. Ascent Venture Partners led the round with participation from Delancey Street Partners and Randstad Innovation Fund.
1 min read · 16 February 2018
Vancouver, British Columbia-based Dojo Technology Corp, a financial software company, has secured an undisclosed amount of seed funding. The backer is Vested Ventures, the investment arm of Vested, a public relations agency.
3 min read · 16 February 2018
Unsplash, a free, curated photo platform based in Montréal, has raised $7.25 million in a Series A financing. The round was led by OST, a blockchain technology company that sponsors Simple Token, a digital currency enabler. In a blog post, OST said its investment was a combination of 80 percent cash and 20 percent tokens. OST CEO Jason Goldberg will join the board as a result. The financing's other new and returning investors included Accomplice, Betaworks and Real Ventures. Unsplash CEO Mikael Cho, who co-founded the company in 2013, said the funds raised will help create a "new economic model around photography" using cryptocurrency.
6 min read · 16 February 2018
Ottawa announced the five technology supercluster strategies that will share in $950 million under the government's innovation agenda. The winning strategies, the result of a competition launched last year, are: Ocean Supercluster, focused on ocean-based industries; SCALE.AI Supercluster, focused on artificial intelligence and robotics; Advanced Manufacturing Supercluster; Protein Industries Supercluster, focused on plant proteins, and; Digital Technology Supercluster, focused on the role of big data and digital technologies in key industries. Ottawa's investment will be matched dollar for dollar by the private sector.
6 min read · 15 February 2018
Canadian venture capital firm Golden Venture Partners is returning to the market with a third fund, according to a U.S. regulatory filing. Golden Venture Partners III's target was not disclosed. Based in Toronto, Golden invests in seed-stage and early-stage companies focused on mobile products and services. It is led by Managing Partner Matthew Golden. The firm has been highly active in the North American market of late, including this month when it joined the $4 million seed financing of SkyWatch, a satellite data aggregation and distribution platform. Golden raised $40 million for Golden Venture Partners II in 2014.
1 min read · 15 February 2018
Golden Venture Partners is raising a third fund with an indefinite target amount, according to a regulatory filing. The firm is based in Toronto, Canada, and makes seed-stage investments in companies working in the mobile sector, according to its website. It is led by Matthew Golden.
1 min read · 15 February 2018
