VCJ Staff

The investor was Riverbend Energy Group, a US investment firm focused on the North American energy sector.

Nanoprecise Sci Corp is an Edmonton-based provider of artificial intelligence-enabled condition monitoring and prescriptive maintenance solutions.

Based in Woodbridge, Ontario, Novel Biotechnology is a biotechnology startup focused on plasmid DNA production.

The credit facility was provided by the National Bank of Canada through its technology and innovation banking group.

MissionOG led the equity investment, which included participation from CI Financial, NA Ventures, Illuminate Financial, Purpose and angel investors.

The round was led by Grotech Ventures, with participation from IDEA Fund Partners, BDC Capital, Generation Ventures, CEAS Investments, Tyton Partners and others.

Based in Toronto, Homecare Hub is a provider of senior housing and care solutions.

The round was led by Osmington, a private investment firm owned by Canadian billionaire David Thomson.

Luge, which has offices in Montreal and Toronto, was founded in 2018 by general partners David Nault and Karim Gillani.

The company has raised an additional $10 million in funding from Export Development Canada.