Supply chain software company Nulogy receives strategic backing from US private equity firm Rubicon
With Rubicon’s experience and more cash on hand, Nulogy is exploring new ways to scale.
Funding
Evercloak closes $2-million seed round as it looks to cool buildings without heating the planet
Evercloak’s membranes are aimed to reduce the energy air conditioners consume by more than 50 percent.
Digital transformation consulting firm Levio receives $125-million commitment from CDPQ
Financing deal expected to fuel Levio’s acquisition strategy.
Staircase Ventures bets on Sibli as VC firm reveals first four investments
Sibli uses AI to give asset managers “information advantage” when researching opportunities.
Float secures $50-million credit facility from Silicon Valley Bank to expand its financial products
FinTech firm teams up with SVB again to grow its corporate credit offering.
Northleaf Capital Partners completes final close of $285-million CAD growth equity fund
The technology and healthcare-focused fund surpassed its $269-million CAD target.
Ted Livingston’s new micropayments startup Code closes $6.5 million in seed financing
Kik founder’s new venture wants to help creators monetize their work for as little as five cents.
OpenHouse.ai raises $1.5 million CAD for house-planning and marketing tool
The platform provides insights to builders about desired features and floor plans in certain communities.
Maple VC backs Canadian-founded Dexa’s $6-million seed round
Dexa offers an AI-powered search tool for podcast listeners.
Blockchain startup Hivello raises $3.3 million CAD in pre-seed funding
Hivello wants to democratize access to Web3 projects.
Palisade closes $1.5 million CAD, launches email deliverability score tool
Startup aims to get emails to more inboxes, fewer spam folders.
Exro to acquire California-based SEA Electric in $332-million CAD EV-tech deal
Exro said deal provides it with “a defined path” to profitability.
AI-powered medical record reviewer Wisedocs closes $12.7-million CAD Series A round
Wisedocs claims it has more than doubled its customer base in 2023.
Femtum raises $5 million CAD to commercialize lasers for semiconductor manufacturers
Seed round was led by deep tech fund i4 Capital and ELAS Technology Investment.
Eight Canadian foodtech projects receive $1.9 million in pilot funding from CFIN
Supported projects include short-haul delivery robots and augmented reality training programs.