Funding Deals for the Month of December 2016 (Views: 2772)

Tue, 03 Jan 2017

During the month of December, 23 funding deals took place in Canada. Some of the most notable transactions involved BlueRock Therapeutics who raised $295M Series A from Bayer AG and Versant Ventures. As well as Just Eat who acquired Winnipeg based startup SkipTheDishes for $110M.

Below is the list of all the tech funding deals for the month of December 2016:

Company

Sector

Prov.

Transaction

Amount

Investors/Acquirers

Dream Payments

Tech

ON

Investment

$1.5M

Connecticut Innovations

Zensurance

FinTech

ON

Fund Raise

$1M

Ferst Capital Partners, Portag3 and Ryerson Futures

FileFacets

Tech

ON

Fund Raise

$4M

Celtic House Venture Partners

HoHoTO

Tech

ON

Fund Raise

$22,500

N/A

Tiny Hearts

Tech

ON

Sold

$45M

Shopify

Hubba

Tech

ON

Fund Raise

N/A

Goldman Sachs’ VC Fund, Real Ventures, Kensington Venture Fund and Brightspark Ventures.

Knowledgehook

Tech

ON

Fund Raise

$1.25M

Sayan Navaratnam of Aadya Capital, CEO of Connex Telecommunications, Steve Case, co-founder of AOL and John Abele, co-founder of Boston Scientific.

Breather

Tech

QC

Fund Raise

$40M

Menlo Ventures, RRE Ventures, Real Ventures, Slow Ventures, and Valar Ventures.

Design Thinking Research Studio at OCAD

Tech

ON

Investment

$1M

Scotiabank

TruLeaf

Clean Tech

NS

Fund Raise

$8.5M

Mike Durland and strategic investors from Toronto.

Symend

FinTech

AB

Fund Raise

$1M

The Founding partners, alongside angel investors

Beagle

Legal Tech

ON

Investment

N/A

Nextlaw Labs

Atomic Reach

Tech

ON

Fund Raise

$2M

Private Angel Investors

Mojio

Tech

BC

Fund Raise

$19M

Amazon Alexa Fund and Deutsche Telekom

BlueRock Therapeutics

BioTech

ON

Investment

$295M

Bayer AG and Versant Ventures

Element AI

Tech

QC

Investment

N/A

Microsoft Ventures

Stereo D

Tech

ON

Investment

$4.5M

Ontario Government

Hopper

Tech

QC

Fund Raise

$82M

Caisse de dépôt, placement du Québec, Brightspark Ventures, Accomplice, OMERS Ventures, Investissement Québec, and BDC Capital IT Venture Fund 

 Delve Labs

FinTech

QC

Fund Raise

$1.5M

Real Ventures, Desjardins Innovatech, and Fonds Quebecor Innovation.

SkipTheDishes

Tech

MB

Sold

$110M

Just Eat

Government internet related programs

Tech

CAD

Investment

$750M

Canadian Radio-television and Telecommunications Commission (CRTC)

Appili Therapeutics

Tech

NS

Fund Raise

$2.2M

Innovacorp

PayByPhone

Tech

BC

Sold

$43.89M

Volkswagen

 

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.

 

 


Leave a comment


Please complete empty fields.
Cross
Cross
(max: 255) Cross
* Indicates a required field.