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

Fri, 09 Feb 2018

This January 2018, 22 funding deals took place in Canada. Notable transactions involved Wattpad, who raised $61.25M from Tencent, BDC, Globe Telecom’s Kickstart Ventures, Peterson Group and Raine; as well as, Igloo Software, who closed a $60M equity investment led by Charlotte, North Carolina-based Frontier Capital. 

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

Company

Sector

Prov.

Transaction

Amount (CAD)

Investors/Mergers

Bench

FinTech

BC

Fund Raise

23M

iNovia Capital, Bain Capital Ventures, Altos Ventures, Silicon Valley Bank

Busbud

Tech

QC

Fund Raise

14M

Inovia Capital, Teralys, Claridge, Plaza Ventures, Real Ventures

Drop

Tech

ON

Fund Raise

21M

New Enterprise Associates, Sierra Ventures, White Star Capital, ff Venture Capital

Eve Medica

MedTech

ON

Fund Raise

469K

Ontario Government's Health Technologies Fund

FloSonics

MedTech

ON

Fund Raise

5M

iGan Partners, Genesys Capital, MaRS Investment Accelerator Fund (IAF), Accel-RX, MaRS Catalyst, Angel One, Northern Ontario Angels

Igloo Software

Tech

ON

Equity Investment

60M

Charlotte, North Carolina-based Frontier Capital

Inocucor Technologies

BioTech

QC

Fund Raise

12.1M

Pontifax AgTech

Iris Automation

Tech

BC

Fund Raise

10M

Bessemer Venture Partners

MedChart

MedTech

ON

Fund Raise

498K

Ontario Government's Health Technologies Fund

Mnubo

Tech

QC

Fund Raise

16.5M

Munich Reinsurance, White Star Capital, McRock Capital

Mylo

FinTech

QC

Fund Raise

2.5M

Desjardins Capital, Robert Raich, Ferst Capital Partners

Nicoya Lifescience

Tech

ON

Fund Raise

2M

Ripple Ventures and GTAN, MaRS IAF, BDC, Garage Capital, Angel One, Maple Leaf Angels, Innovation Grade Ventures, the Laurier Startup Fund, the University of Waterloo Student Venture Fund and the Waterloo Alumni Angels.

Planswell

FinTech

ON

Fund Raise

6.8M

N/A

Platterz

Tech

ON

Fund Raise

18M

Aleph, Globalive Capital, AltaIR Capital

Postsecondary Institutions

Tech

BC

Investment

4.4M

BC Government for Stem Grads

Q.I Leap Analytics

Tech

BC

Fund Raise

1.8M

Angel investors such as Haig Farris and Chen Fong

Ratehub

FinTech

ON

Fund Raise

12M

Elephant, Simon Nixon co-founder of the U.K.’s MoneySuperMarket

Rubikloud

Tech

ON

Fund Raise

46M

Intel Capital, Horizons Ventures, Access Industries, iNovia Capital and OTEAF

SkySquirrel

Tech

NS

Fund Raise/Merger

3M

Private Investor, Innovacorp, VineView (merging partner)

Ulula

Tech

ON

Fund Raise

1M

Humanity United, Good & Well

Vention

Tech

QC

Fund Raise

3.5M

White Star Capital, Bolt, Real Ventures

Wattpad

Tech

ON

Fund Raise

61.25M

Tencent, BDC, Globe Telecom’s Kickstart Ventures, Peterson Group and Raine



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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