Tech Funding Transactions for the Month of March 2015 (Views: 3460)
Tue, 07 Apr 2015
During the month of March 64 funding deals took place within Canada. Some of the most notable transactions were from SDTC that committed $23.7 million in funding to 10 cleantech startups and Quickplay, an Ontario startup that raised $57 million from Madison Dearborn Partners, Orix Ventures and Difference Capital Financial.
Want to learn more about new funding opportunities for your startup? Create a profile on Fundica.com and get access to a variety of Canadian funds including grants, loans, tax credits and equity funding from private, municipal, provincial, and federal funders.
Below is a list of all the publicly announced Tech Funding Transactions for the month of March 2015:
| Company | Sector | Prov. | Transaction | Amount | Investors/Acquirers |
|---|---|---|---|---|---|
| SecureKey | Technology | ON | Fund Raise | $19M | Blue Sky Capital, Rogers Venture Partners |
| FundThrough | FinTech | ON | Fund Raise | $2.2M | Real Ventures, Origin Merchant Partners, Five Elements Ventures |
| Verdex Capital | AgTech | AB | Co-Manage Fund | $150M | AVAC |
| Mavenir | Technology | ON | Sold | $560M | Mitel |
| Financeit | FinTech | ON | Lend Renewal | $75M | Pacific & Western Bank of Canada |
| Terralux | CleanTech | ON | Fund Raise | $11M | EnerTech Capital |
| Dash Hudson | Technology | NS | Fund Raise | $1M | Innovacorp, Golnstant |
| ChipCare | HealthTech | ON | Fund Raise | $5M | N/A |
| Versature | Technology | ON | Fund Raise | $675K | N/A |
| Vascular Pharmaceuticals | HealthTech | NC | Fund Raise | $9M | Lumira Capital |
| Vanhawks | Technology | ON | Fund Raise | $1.6M | Real Ventures, Y Combinator, Funders Club, Garage Fund, Relentless Pursuits Partners |
| Clairvest Equity Partners V | CleanTech | ON | Investment to Fund | $7.7M | Clairvest |
| Roundbox Inc. | Technology | ON | Sold | N/A | Quickplay |
| Pressly | Technology | ON | Fund Raise | $2.1M | Gibraltar Ventures, iNovia Capital, OMERS Ventures |
| DBRS | Financial | ON | Sold | N/A | Carlyle Group & Warburg Pincus |
| Alliance iCommunications | Financial | ON | Sold | N/A | Allied Global |
| MEDFAR solutions Clinique | HealthTech | QC | Fund Raise | $695K | Anges Quebec |
| Chipcare | HealthTech | ON | Fund Raise | $5.045M | Puffin Partners, MaRS Innovation, Maple Leafs Angels, Winfield Venture Group, Epic Capital |
| Auvik Networks | CA | Fund Raise | $950K | Harper Government | |
| Dejero | CA | Fund Raise | $275K | Harper Government | |
| Intellijoint Surgical | CA | Fund Raise | $550K | Harper Government | |
| Hyperloop Data | Technology | ON | Fund Raise | $35K | Contura Investment LLC |
| MediaMed Technologies | HealthTech | QC | Sold | N/A | Logibec |
| Distech Controls Inc. | HealthTech | QC | Sold | N/A | Acuity Brands Inc. |
| Kira Talent | Technology | ON | Fund Raise | $1.2M | Relay Ventures, BDC, Tony Lacavera |
| Kili Technology | Technology | ON | Sold | N/A | Square |
| Kitematic | Technology | ON | Sold | N/A | Docker |
| Checkfront | Technology | BC | Fund Raise | $1M | Private Investors |
| Blue Pillar | Technology | MD | Fund Raise | $14M | EnerTech Capital |
| Careerify | Technology | ON | Sold | N/A | |
| Innergex Renewable Energy inc. | Energy | QC | Fund Raise | $491M | Caisse de Depot et placement du Quebec, Canada Life Assurance Company, Manufacturers Life Insurance Company |
| PageCloud | Technology | ON | Fund Raise | $2.2M | MaRS IAF, Export Development Canada |
| Interset | Technology | ON | Fund Raise | $10M | Toba Capital, Informatica |
| Clearpath Robotics | Technology | ON | Fund Raise | $14M | RRE Ventures, iNovia Capital |
| Medesync | HealthTech | QC | Sold | N/A | Telus Health |
| SurfEasy inc. | Technology | ON | Sold | N/A | Opera Software |
| RackForce | Technology | BC | Sold | $33M | TeraGo |
| Feldan | HealthTech | QC | Fund Raise | $1.2M | Anges Quebec |
| Northern Tickets | Technology | BC | Sold | N/A | Ticketfly |
| Mojio | Technology | BC | Fund Raise | $8M | Telekom Capital, Relay Ventures, 500 Startups & BDC Capital |
| CorsaTechnology | Technology | ON | Fund Raise | $16.5M | Raodmap Capital, BDC Capital, Celtic House Venture Partners |
| Prevtec Microbia | Technology | QC | Fund Raise | $4.7M | VVC, Telesystem Ltd, Groupe Jafaco Gestion, Desjardins-Innovatech |
| Memex Automation | Technology | ON | Fund Raise | $800K | FedDev Funding |
| CrowdCare | Technology | ON | Fund Raise | $750K | FedDev Funding |
| West Fraser Mills Ltd | CleanTech | BC | Fund Raise | $6.1M | SDTC |
| BBCP Conductor Inc | CleanTech | ON | Fund Raise | $3.66M | SDTC |
| David Bromley Engineering | CleanTech | ON | Fund Raise | $3.22M | SDTC |
| Carbon Engineering Ltd | CleanTech | ON | Fund Raise | $3M | SDTC |
| ZincNyx Energy Ltd | CleanTech | BC | Fund Raise | $2.9M | SDTC |
| Saltworks Technologies | CleanTech | ON | Fund Raise | $2.5M | SDTC |
| SWITCH Materials Inc. | CleanTech | ON | Fund Raise | $2.5M | SDTC |
| Terramera Inc | CleanTech | BC | Fund Raise | $1.985M | SDTC |
| Polymer Research Technologies | CleanTech | BC | Fund Raise | $1.1M | SDTC |
| Unit Electrical Engineering Ltd | CleanTech | ON | Fund Raise | $344K | SDTC |
| Women Entrepreneurs Forum | Technology | ON | Fund Raise | $700M | BDC Capital |
| Careguide | Technology | ON | Fund Raise | $2.5M | N/A |
| Quickplay | Technology | ON | Fund Raise | $57M | Madison Dearborn Partners, Orix Ventures, Difference Capital Financial |
| Sensibill | Technology | ON | Fund Raise | $2M | Impression Ventures, Six Squared Capital, Ontario Centres of Excellence, Ryerson Futures |
| Dream Payments | FinTech | ON | Fund Raise | $6M | Blue Sky Capital, Real Ventures, Rouge River Capital |
| Atlantic Motor Labs | Technology | NS | Equity Investment | $1B | Innovacorp |
| Enbala Power Networks | CleanTech | BC | Equity Financing | $11M | GE Ventures, Edison Energy |
| MappedIn | Technology | ON | Fund Raise | $1.51M | Amolino |
| Thrasos | HealthTech | QC | Fund Raise | $14M | VC Funding |
| Lone Wolf | Technology | ON | Fund Raise | N/A | Vista Equity Partners |
Want to learn more about new funding opportunities for your startup? Create a profile on Fundica.com 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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