VCJ Staff

The seed-stage firm closes on $73.6m for its sophomore fund from 35 LPs. The fund is targeted at $100m.

Ottawa-based GaN Systems, a specialist in gallium-nitride technology for products like semiconductors and transistors, is in talks to go public through Ross Acquisition Corp II.

Toronto-based Blue J, a machine learning and artificial intelligence-enabled predictive legal software platform, has raised $9 million in Series B financing.

The San Francisco digital assets and cryptocurrency company FalconX announces a $210m round led by Altimeter Capital, Sapphire Ventures and existing investors B Capital Group and Tiger Global Management, with others participating.

Boston company Tulip Interfaces raises $100m in Series C funding led by New York-based Insight Partners.

Quebec City-based XpertSea, a provider of technologies and financial solutions for the aquaculture supply chain, has closed a $20 million Series B financing.

Toronto-based Mero Technologies, a technology company that uses internet-of-things sensors to enable the cleaning of large commercial buildings, has closed a $2.5 million seed financing.

Toronto-based FreshBooks, a cloud accounting software provider, has raised $80.75 million in a Series E financing.

Laval, Quebec-based LQT Therapeutics, a pharmaceutical company focused on developing precision therapies for genetic heart diseases, has secured $19 in a Series A financing.

The early-stage investor bolstered its team, promoting Eric Anderson to partner and Noah Gross to senior associate, among other personnel changes.