Private Equity

US

Algolux secures $18.4m in Forte and Drive-led Series B round

Montreal-based Algolux, a provider of computer vision and image optimization solutions, has raised $18.4 million in Series B financing.

4 min read · 12 July 2021

Indian online retailer Flipkart racks up $3.6bn: TechCrunch

Indian ecommerce company Flipkart has raised $3.6 billion in funding, putting the company at a valuation of $37.6 billion, reported TechCrunch.

1 min read · 12 July 2021

Clearco inks $215m financing led by SoftBank’s Vision Fund 2

Toronto-based Clearco, a provider of capital solutions for e-commerce, mobile apps and software-as-a-service businesses, has raised $215 million in financing.

4 min read · 08 July 2021

Venture-backed Ritual acquires AllChecked.in

Ritual has acquired AllChecked.in, a Toronto-based quick-response contact tracing platform.

3 min read · 06 July 2021

Relay Ventures boosts team and promotes two to managing partner

With offices in Toronto, Calgary and San Francisco, the early-stage firm announces a new hire and several team promotions, including Alex Baker and Irfhan Rawji each to managing partner.

2 min read · 06 July 2021

Edtech company Paper secures $100m in IVP-led Series C

Montreal-based education technology company Paper has secured $100 million in a Series C financing.

4 min read · 30 June 2021

Turntide Technologies gathers $225m in VC, CPPIB invests

Turntide Technologies, a developer of a smart motor system, has secured $225 million in financing.

1 min read · 30 June 2021

Enterprise API security firm Noname Security lands $60m Series B

Enterprise API security company Noname Security has raised $60 million in Series B funding.

1 min read · 30 June 2021

Bessemer, CRV lead $7.5m seed-stage financing of Tribe

Toronto-based Tribe, an online customer community platform for software-as-a-service businesses, has raised $7.5 million in a seed financing.

3 min read · 30 June 2021

Diverse voices: How LPs encouraged the rise of diversity funds

LPs have begun to push for diverse investment partners on the back of greater conversations about the lack of diversity within the GP and LP ranks. But it's still not enough.

9 min read · 30 June 2021

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