Private Equity

US

VC-backed Chinook Therapeutics to merge with Aduro Biotech

Chinook Therapeutics, a Vancouver-based developer of precision medicines for kidney disease, has agreed to merge with Aduro Biotech.

7 min read · 03 June 2020

Alaska Permanent Fund commits $180m to four venture firms

The sovereign wealth fund re-uped with Lightspeed, Index, Battery and Mayfield.

2 min read · 03 June 2020

University of Michigan announces $10m investment into 8VC

The Midwestern university system has now committed nearly $360m to the venture asset class throughout 2019.

2 min read · 03 June 2020

Spiderwort grabs $2.5m in seed-stage financing

Ottawa-based Spiderwort, a cellulose-based biomaterials platform, has secured US$2.5 million in a seed-stage financing.

3 min read · 02 June 2020

SE Ventures leads funding round for Poka

Quebec City and Montreal-based Poka, a connected worker platform built specifically for manufacturers, has raised US$6.4 million in funding.

1 min read · 02 June 2020

Illinois pension deepens its relationship with Lightspeed

The pension invested $32.5m into Lightspeed India Partners III and a Harpoon Ventures vehicle backed by Lightspeed.

2 min read · 01 June 2020

Vention grabs Series B financing led by Georgian Partners

Montreal-based Vention, a manufacturing automation technology company, has raised C$38M in Series B financing.

3 min read · 01 June 2020

InvestEco wraps up third sustainable food fund

Toronto-based InvestEco Capital has closed its third sustainable food fund at C$100 million.

3 min read · 01 June 2020

Sollum Technologies rakes in funding

Sollum Technologies, a Montreal-based provider of smart LED lighting solutions to greenhouse producers, has secured C$2.7 million in a second round of financing.

4 min read · 01 June 2020

OTTO Motors scores $29m in Series C financing

Kitchener, Ontario-based OTTO Motors, a division of Clearpath Robotics, has secured US$29 million in Series C funding.

1 min read · 01 June 2020

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