Grenville Strategic Royalty Corp names VC vet as MD

Toronto-based Grenville Strategic Royalty Corp, a provider of royalty-based finance solutions, has hired Dr. Annie Thériault as a managing director. The appointment becomes effective June 21, 2015. Previously, Thériault worked at Export Development Canada where she served as senior investment manager of direct equity investments. She has also worked at Northwater Capital Management.

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MineSense rakes in Series B funds

Canada-based MineSense Technologies Ltd, a provider of bulk ore sorting solutions, has secured an undisclosed amount of Series B funding. Prelude Ventures led the round with participation from Export Development Canada, Cycle Capital Management and Chrysalix Energy Venture Capital.

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REGEN Energy closes Series B funding round on over $12 mln

REGEN Energy Inc., which provides a wireless smart grid technology platform for building owners to manage electrical demand, has closed its Series B funding round on more than $12 million. The funding round was led by new investors including a U.S. utility company, Export Development Canada and EnerTech Capital, and was supported by existing REGEN investors BDC Capital and NGEN Partners.

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Scribble inks $12 mln Series C

Content engagement platform Scribble Technologies has raised $12 million in Series C funding. Waterloo Innovation Network Fund led the round with participation from Scribble’s previous backers that include Georgian Partners, Export Development Canada, Summerhill Venture Partners and Rogers Venture Partners.

EnerTech Capital Leads N-Dimension Solutions Funding

EnerTech Capital has closed its lead investment in a $3.85 million financing round along with co-investor Export Development Canada in N-Dimension Solutions. The business is a smart Grid cyber security company based in Richmond Hill. PRESS RELEASE EnerTech Capital is pleased to announce the closing of its lead investment in a $3.85 million financing round […]

Celtic House Venture Partners Reaches First Close

Celtic House Venture Partners has reached a first close of Celtic House Venture Partners Fund IV LP at $105 million. Investors in the fund include Ontario Venture Capital Fund, Teralys Capital, Export Development Canada and BDC Venture Capital. PRESS RELEASE Celtic House Venture Partners today announced the first close of Celtic House Venture Partners Fund […]

Ericsson Acquires BelAir Networks

Ericsson has acquired BelAir Networks, a North American carrier-grade Wi-Fi company. Investors in BelAir Networks include Export Development Canada, Wellington Financial, BDC Venture Capital, Comcast Interactive Capital, McLean Watson, MMV Financial, Panorama Capital, T-Mobile Venture Fund, Trilogy Equity Partners, VenGrowth Capital Partners and Ventures West Management. PRESS RELEASE Ericsson (NASDAQ:ERIC) today announces the completion of […]

DIRTT Nabs $22M In New Funding

DIRTT Environmental Solutions Ltd., a maker of pre-manufactured interior walls, has closed on $22 million in financing led by New York-based Expansion Capital Partners. Investment firms NGEN Partners, Apex Venture Partners, Export Development Canada and North Sky Capital also contributed. As a result, Expansion general partner Diana Propper de Callejon joins DIRTT’s board.

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Neuralitic Systems Seals $8M Series B

Mobile data intelligence company Neuralitic Systems has raised $8 million in Series B financing. New investor Export Development Canada led the round, which included participation from existing investors BlackBerry Partners Fund, BDC Venture Capital, Vertex Venture Capital and GO Capital LP. The money will help Neuralitic Systems expand its operations and development. The company, based in Montreal, has raised a total of $20 million to date.

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