Tag: EDC
EDC increases its matching investment maximum from $5 million to $25 million
Since launching in 2020, the EDC Matching Investment Program has made over $390 million in co-investments. Export Development Canada (EDC) is expanding its Investment…
Vive Crop Protection adds $11.2 million CAD extension to Series C to improve efficiency of agricultural chemicals
Vive recently made its fungicide available in Canada to help combat potato crop diseases. Vive Crop Protection has raised $11.2 million CAD ($8.4 million…
Certn targets global expansion of background check tech with $30 million USD Series B extension from EDC
M&A key part of Certn’s strategy as it looks to expand in Europe, Africa, Asia. Victoria-based background check technology firm Certn has closed a…
Miovision acquires Global Traffic Technologies, raises $260 million from Telus, Maverix, EDC
Miovision is buying Global Traffic Technologies for $107 million USD. Miovision has purchased fellow traffic management company Global Traffic Technologies (GTT) in a deal…
Vertu Capital closes first private equity fund with over $300 million
Led by ex-OMERS veteran Lisa Melchior, Vertu is Canada’s first woman-founded PE firm. Toronto-based private equity firm Vertu Capital has announced the close of…
Plum secures $8 million CAD to help big businesses navigate tight labour market
Plums aims to provide “missing dataset” companies need to tackle talent crisis. Kitchener-Waterloo-based Plum has closed over $8 million CAD ($6 million USD) in…
Fintel Connect closes $4.8 million CAD to help financial institutions drive cost-effective growth
BankTech Ventures, EDC-backed Fintel Connect eyes US expansion. After selling her previous performance marketing technology firm to payments giant Paysafe, Fintel Connect founder and…
Canadian startup news of the week (11/20/22)
Plus: Nobul, Hopper top Deloitte Canada’s Fast 50. Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important…
Attabotics secures $95 million CAD from EDC, Ontario Teachers’ to scale its warehouse robots
Over the past six and a half years, Calgary-based 3D robotics supply chain firm Attabotics has focused its efforts on turning what began as…
Insurtech ProNavigator secures $10 million to power US expansion
Insurtech startup ProNavigator has secured $10 million CAD in its latest round of financing, as the startup looks to make a splash in the…