Funding Deals for the Month of February 2018 (Views: 2052)

Tue, 13 Mar 2018

19 major funding deals took place last month in Canada. Notable transactions involved Wealthsimple, who raised $65M from Power Financial; as well as, Coinsquare, who closed a $30M deal led by Cannaccord.

Below is the list of all the tech funding deals for the month of February 2018:

Company

Sector

Prov.

Transaction

Amount (CAD)

Investors/Contributors/Acquired

Aerial Technologies

Tech

QC

Fund Raised

2.46M

Fonds Innovexport, Kibo Ventures, Quebecor, Telefónica Open Future, and other partners

Appili Therapeutics

HealthTech

NS

Fund Raised

4.3M

Innovacorp, Atlantic Canada Opportunities Agency’s (ACOA) Business Development Program, and other investors

Bluzelle

Tech

BC

Fund Raised

24.4M

Initial coin offering

Braingrid

Tech

ON

Fund Raised

2.5M

Quinsam Capital

CanvasPop

Tech

ON

Fund Raised

3.3M

Celtic House Venture Partners, BDC’s Growth & Transition Capital group, and angel investors.

Coinsquare

FinTech

ON

Equity Funding

30M

Canaccord

Creative Destruction Lab

Tech

ON

3 Years Contribution

300K

Great-West Life

Dialogue

HealthTech

QC

Fund Raised

12M

White Star Capital, HV Holtzbrinck Ventures, Portag3 Ventures, National Bank, and Walter Financial

Frank and Oak

Tech

QC

Fund Raised

20M

Caisse de dépôt et placement du Québec, and other institutional and private investors, including Goodwater Capital and Investissement Québec.

GoFetch

Tech

BC

Fund Raised

3.4M

N/A

Hack Capital

Tech

BC

Fund Raised

750K

N/A

Loopio

Tech

ON

Fund Raised

11M

Open View

Miovision

Tech

ON

Fund Raised

1.5M

Ontario Government

Open Text

Tech

ON

Acquisition

N/A

Hightail

SkyWatch

Tech

ON

Fund Raised

4M

Sinai Ventures, Space Angels, Golden Venture Partners, Techstars Ventures, SK Ventures, Globalive Capital, and ARC Angel Fund

Unsplashed

Tech

QC

Fund Raised

7.2M

Simple Token, Betaworks, angel investors, Accomplice, and Real Ventures

Upchain

Tech

ON

Fund Raised

7.4M

OpenText Enterprise App Fund (OTEAF) and BDC Ventures

Wealthsimple

FinTech

ON

Fund Raised

65M

Power Financial

22 Colleges in Ontario Province

Tech

ON

Investment

13M

Ontario Government’s Colleges Applied Research and Development Fund


Want to learn more about new funding opportunities for your startup? Create a profile on the new Fundica.com today and get access to a variety of Canadian funds including grants, loans, tax credits and equity funding from private, municipal, provincial and federal funders.



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