Tracxn-Geo-Canada Tech-July 2021

TRACXN MONTHLY REPORT
JULY 2021
CANADA TECH

Canada Tech - July 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Contents
2
Canada Tech Snapshot 3
Investment Snapshot 4
List of Funding Rounds 5
New Investors 11
Top Funded Business Models - last 1
year
13
New Analyst Picks 14
IPOs 19
Acquisitions 20
Recent News 24

Canada Tech Snapshot – July 2021
Canada Tech: Snapshot – July 2021
Note : "Investors" refers to "Institutional Investors" only
3
$1.6B
21 8
Overall Geo Stats
20
37
104
51
46
Funding Rounds $ Invested Analyst Picks
Redwood
Materials
Upgraded to
UNICORN
New Investors
Franklin Templeton
Investments
Baillie Gifford
Series A+
rounds
Active Investors IPOs
Peak Fintech Group
Aquarius
Acquisitions
Carson Air#@
Calm Radio#@
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Toronto
(10 Rounds, $587M)
Vancouver
(7 Rounds, $36.4M)
Montreal
(5 Rounds, $751M)
Gatineau
(2 Rounds, $8M)
$700M - Series C
Redwood Materials (2017, Montreal,
$742M)
$215M - Series D
Clearco (2015, Toronto, $385M)
$180M - Series C
Deep Genomics (2015, Toronto,
$240M)
$125M - Series B
Untether (2017, Toronto, $152M)
CPP Investments
(4 Investments)
Fidelity Investments
(2 Investments)
SV Angel
(2 Investments)
Y Combinator
(2 Investments)
Solid Waste Management
Tech
Redwood Materials
Genomics
Deep Genomics
Alternative Lending
Clearco
Life Sciences Tech
Market Size
Companies Covered 26,885
Funded Companies 5,887
Total Funding $39.9B
Funding in last 12 months $11.5B
Top Exits
IPOs 544
Acquisitions 1,598
Company Stage
Unicorns 16
Soonicorns 118
Minicorns 369
Editor Picks 2,177
Series A+ 1,306
Series C+ 327
Acqui-Hires 12
Deadpooled 2,343
Top Cities
Toronto (1,732 Rounds, $11.4B)
Vancouver (871 Rounds, $6.5B)
Top Investors
BDC (300 Investments)
MaRS Discovery District (172
Investments)

Investment Snapshot
Investment Snapshot of Canada Tech as of July 2021
Canada Tech: Investment Snapshot
4
# Rounds
$ Funding
Investment Trend Top Investments (July 2021)*
Redwood Materials
(2017, Montreal, $742M)
$700M - Series C T. Rowe Price
Clearco
(2015, Toronto, $385M)
$215M - Series D SoftBank Vision Fund
Deep Genomics
(2015, Toronto, $240M)
$180M - Series C SoftBank Vision Fund
Untether
(2017, Toronto, $152M)
$125M - Series B CPP Investments
Turnstone Biologics
(2015, Ottawa, $172M)
$80.0M - Series D
GHGSat
(2011, Montreal, $85.0M)
$45.0M - Series B OGCI
Swift Medical
(2015, Toronto, $40.0M)
$35.0M - Series B Data Collective
TRADE X
(2018, Mississauga, $35.0M)
$35.0M - Series C Aimia
VRB Energy
(2018, Vancouver, $24.0M)
$24.0M - Series B BCPG Public Company
Paystone
(2009, London, $99.0M)
$23.9M - Series C Crédit Mutuel Equity
Voiceflow
(2003, Toronto, $23.5M)
$20.0M - Series A Felicis Ventures
*Shows only the lead Investors

List of Funding Rounds (1/6)
List of Funding Rounds in Canada Tech in July 2021
Canada Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
5
LATE STAGE
$23.9M - Series C
Paystone (2009, London, $99.0M)
Provider of customer engagement solutions for
businesses
Crédit Mutuel Equity
LATE STAGE
$35.0M - Series C
TRADE X (2018, Mississauga, $35.0M)
Automotive B2B trading solution for auto dealers
Aimia
LATE STAGE
$80.0M - Series D
Turnstone Biologics (2015, Ottawa, $172.1M)
Developer of oncolytic viral immunotherapies for
cancer treatment
, Point72, Brace Pharma Capital, Takeda, M
Family Enterprises, and 11 more
LATE STAGE
$180.0M - Series C
Deep Genomics (2015, Toronto, $240.2M)
Machine/deep learning technologies for precision
medicine, genetic testing, diagnostics
SoftBank Vision Fund, Magnetic Ventures, Fidelity
Investments, CPP Investments, Amplitude, and 3
more
LATE STAGE
$215.0M - Series D
Clearco (2015, Toronto, $385.0M)
Revenue-based financing fund focused on multiple
sectors
SoftBank Vision Fund, Bow Capital, Intuit
LATE STAGE
$700.0M - Series C
Redwood Materials (2017, Montreal,
$742.0M)
Provider of lithium ion batteries recycling services
T. Rowe Price, Baillie Gifford, Fidelity Investments,
Goldman Sachs, Franklin Templeton Investments,
and 9 more
LATE STAGE
PE
N-able (2000, Ottawa)
Cloud-based MSP management solutions provider
CPP Investments
EARLY STAGE
$2.5M - Series A
FREDsense (2014, Calgary, $3.0M)
Provider of a biosensor platform to detect
water-borne chemicals

6
EARLY STAGE
$5.0M - Series A
1Valet (2013, Gatineau, $10.2M)
SaaS-based community management solution for
residential properties
EARLY STAGE
$5.0M - Series A
Spark (2012, Vancouver, $6.0M)
SaaS-driven CRM software for real estate
professionals
BDC, Pender Ventures
EARLY STAGE
$6.0M - Series A
Visualping (2014, Vancouver, $8.0M)
Website change monitoring tool
FUSE, Mistral Ventures, N49P Venture Capital
EARLY STAGE
$7.5M - Series A
Conquest Planning (2018, Winnipeg, $10.5M)
AI-based financial planning software
Fidelity International Strategic Ventures, IGM
Financial, Portag3 Ventures
EARLY STAGE
$8.0M - Series A
Notch (2015, Toronto, $8.0M)
Platform offering digitalizes solution to process
wholesale ordering for restaurants and distributors
Accomplice, BDC, Golden Ventures, Garage
Capital, Plexo Capital, and 2 more
EARLY STAGE
$20.0M - Series A
Valora (2020, , $20.0M)
Digital wallet for cross-border money transfers
Andreessen Horowitz, NFX, Nima Capital, SV
Angel, Polychain, and 4 more
EARLY STAGE
$20.0M - Series A
Voiceflow (2003, Toronto, $23.5M)
Platform to collaboratively design, prototype and
publish voice applications
Felicis Ventures, True Ventures, Craft Ventures,
Ripple Ventures, Dylan Field, and 4 more
EARLY STAGE
$24.0M - Series B
VRB Energy (2018, Vancouver, $24.0M)
Provider of vanadium redox battery energy storage
system
BCPG Public Company
EARLY STAGE
$35.0M - Series B
Swift Medical (2015, Toronto, $40.0M)
AI based application for wound measurement,
assessment, documentation and care
Virgo, Pender Ventures, Data Collective, Claritas
Capital, Export Development Canada, and 1 more

7
EARLY STAGE
$45.0M - Series B
GHGSat (2011, Montreal, $85.0M)
Provider of satellite-based imaging services to
monitor greenhouse gas emissions
Space Capital, Invest Quebec, OGCI
EARLY STAGE
$125.0M - Series B
Untether (2017, Toronto, $152.0M)
Developer of neuromorphic processing chip for AI
applications
Intel, Tracker Capital Management, CPP
Investments, Radical Ventures
EARLY STAGE
Series B
P&P Optica (1995, Waterloo, $3.9M)
Provider of smart imaging system for food industry
Ag Capital Canada, Fulcrum Global Capital,
Synovus Financial Corp, Export Development
Canada
EARLY STAGE
Series A
Instant (2015, Vancouver, $26.4M)
On-demand payment software for businesses and
individuals
InComm
SEED STAGE
$250.0K - Seed
Bright (2017, Halifax, $350.0K)
Provider of suite of online services for workplaces
WELL Health Technologies Corp
SEED STAGE
$300.0K - Seed
Sonero (2019, Toronto, $300.0K)
Cloud & AI-based meeting assistant software
provider
Jeff Wald, Eddie Lou, Lance Neuhauser, Talbott
Simonds, Paul Childerhose
SEED STAGE
$551.8K - Seed
Prairie Robotics (2016, Regina, $551.8K)
Provider of machine learning-based solution for
waste management
Conexus Credit Union, Max Schmeiser, Dan
Cugnet, Kerry Lumbard
SEED STAGE
$1.0M - Seed
Mentorly (2016, Montreal, $1.0M)
Cloud-based mentorship and performance
management solution for enterprises
Backbone Angels, Mistral Ventures, Formentera,
Youssef Bennani, Chris Slow
SEED STAGE
$1.0M - Seed
Serverless Stack (2010, Toronto, $1.1M)
Provider of application development frameworks
Greylock, SV Angel, Y Combinator

8
SEED STAGE
$1.0M - Seed
3D Planeta (2018, Fredericton, $1.0M)
Provider of 3D mapping and visualization solution
Concrete, New Brunswick Innovation Foundation
SEED STAGE
$1.2M - Seed
Happin (2017, North York, $1.2M)
Cloud based interactive event live streaming
platform provider
Manuel da Costa
SEED STAGE
$1.2M - Seed
Rithmik (2015, Fernie, $1.2M)
AI-based predictive maintenance solution for
mobile mining equipment
Chrysalix Venture Capital, Ecofuel Fund
SEED STAGE
$1.3M - Seed
Spaceful (2016, Montreal, $1.3M)
Offers a platform for leasing on-demand
self-storage units
Rivemont, François Arbour
SEED STAGE
$1.4M - Seed
FrontFundr (2013, Vancouver, $5.5M)
Equity crowdfunding platform for early stage
companies
SEED STAGE
$1.8M - Seed
Green Matters (2011, Richmond, $4.2M)
Provider of heat recovery water heating systems
SEED STAGE
$2.5M - Seed
CRG (2019, , $2.5M)
Platform offering multiple services for food
industries
Gravitas Securities
SEED STAGE
$2.5M - Seed
Incisive Genetics (2019, , $2.5M)
Developer of gene editing delivery platform
Sandra MacPherson, Haig Farris, Noel Hall
SEED STAGE
$2.5M - Seed
Feroot (2017, Toronto, $2.5M)
Provider of cloud based web application security
solutions
Y Combinator, Jon Oberheide, Kevin Mahaffey,
Zane Lackey, Varun Badhwar, and 4 more
SEED STAGE
$3.0M - Seed
Brokrete (2015, Gatineau, $3.6M)
Online marketplace for construction and
landscaping materials
Xploration Capital, MaRS Investment Accelerator
Fund, Avlok Kohli, Ronald Richardson

9
SEED STAGE
$3.0M - Seed
Side Door (2017, Halifax, $3.0M)
Marketplace to find artists and connect with the
hosts
Rhino Ventures
SEED STAGE
$3.2M - Seed
Pomelo Health (2012, Montreal, $3.2M)
Digital patient engagement tool for healthcare
professionals
SEED STAGE
$4.0M - Seed
Float Financial Solutions (2020, Kitchener,
$6.5M)
Virtual and physical corporate cards for expenses
Susa Ventures, Golden Ventures, Global Founders
Capital, Tiny Capital, Garage Capital
SEED STAGE
Seed
ToScale (2019, )
Algorithm-based trading platform for
cryptocurrencies
Infodriver
SEED STAGE
Seed
Lending Assist (2014, Edmonton)
Document management solutions provider for
transaction-related activities
Radar Endeavour, Ingenio Solutions
SEED STAGE
Angel
EmergConnect (2020, )
AI-based platform providing emergency care
solutions for patients
Jane Huang, Jotham Chow
SEED STAGE
Seed
Progitek (1995, Quebec City)
Cloud-based dental management software
Desjardins Capital, CortexNord
SEED STAGE
Seed
Kama DEI (2014, Toronto)
Provider of an AI-based emotional intelligence
platform
Chapleau Cree,
SEED STAGE
Seed
ScalePad (2011, Vancouver)
Cloud-based enterprise IT asset management
software provider
Integrity Growth Partners

10
SEED STAGE
Seed
Oliver (2019, Vancouver)
Online benefits administration and retirement
planning software for enterprises
GroupHEALTH

New Investors (1/2)
List of New Investors in Canada Tech in July 2021
Canada Tech: List of New Investors
11
Investor Company Info
Round
Amount
Round Name
Franklin Templeton Investments
90 portfolio companies | Diversified investment management firm
Redwood Materials
$700M Series C
Baillie Gifford
119 portfolio companies | Asset Management and Investment Trusts
Redwood Materials
$700M Series C
Takeda
33 portfolio companies | Large diversified pharma company
Turnstone Biologics
Developer of oncolytic viral immunotherapies for cancer
treatment
$80.00M Series D
Point72
15 portfolio companies | Multi-strategy multi-asset hedge fund
Turnstone Biologics
treatment
$80.00M Series D
Ridgeback Capital Management
17 portfolio companies | Investment firm
Turnstone Biologics
treatment
$80.00M Series D
Alexandria
159 portfolio companies | REIT that invests in campuses, multi-tenant
spaces and build-to-suit facilities in the US
Deep Genomics
Machine/deep learning technologies for precision medicine,
genetic testing, diagnostics
$180M Series C
Nima Capital
14 portfolio companies | Family office
Valora
$20.00M Series A
SoftBank Vision Fund
192 portfolio companies | Venture capital fund backed by Softbank
Group
Deep Genomics
Machine/deep learning technologies for precision medicine,
genetic testing, diagnostics
$180M Series C
Virgo
17 portfolio companies | Sector agnostic focused private investment
firm
Swift Medical
AI based application for wound measurement, assessment,
documentation and care
$35.00M Series B
Eventide Funds
27 portfolio companies | Growth stage companies focused PE firm
Turnstone Biologics
treatment
$80.00M Series D

New Investors (2/2)
List of New Investors in Canada Tech in July 2021
Canada Tech: List of New Investors
12
Investor Company Info
Round
Amount
Round Name
Polychain
62 portfolio companies | Protocol level token oriented investment
fund.
Valora
$20.00M Series A
FUSE
3 portfolio companies | Venture capital fund investing in software
startups
Visualping
Website change monitoring tool
$6.00M Series A
Citadel
4 portfolio companies | Surveyor Capital - Citadel
Turnstone Biologics
treatment
$80.00M Series D
Sixty Degree Capital
8 portfolio companies | Venture capital fund focused on health-tech
startups
Turnstone Biologics
treatment
$80.00M Series D
Yield Lab
43 portfolio companies | Early-stage tech-focused VC & Accelerator
firm funding companies in the US
Notch
Platform offering digitalizes solution to process wholesale
ordering for restaurants and distributors
$7.96M Series A
Bow Capital
21 portfolio companies | Venture capital firm investing in tech startups
Clearco
Revenue-based financing fund focused on multiple sectors
$215M Series D
Intuit
5 portfolio companies | Financial management solutions for SMBs,
financial institutions, and accounting professionals
Clearco
Revenue-based financing fund focused on multiple sectors
$215M Series D
Plexo Capital
5 portfolio companies | Venture capital fund focused on multiple
sectors
Notch
Platform offering digitalizes solution to process wholesale
ordering for restaurants and distributors
$7.96M Series A
Aimia
3 portfolio companies | Loyalty management platform for businesses
TRADE X
$35.00M Series C
IGM Financial
7 portfolio companies | Wealth and investment management firm
Conquest Planning
$7.50M Series A

Top Funded Business Models - last 1 year
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from
previous 1 year.
13
Rank Business Model $ Funding # Rounds Top Funding Round
1 ▲28 Tech Enabled Lithium Battery Recyclers $700M 2 Redwood Mater.. | $700M | Series C
2 --
Islamic FinTech > Investment Platforms > Robo
Advisors
$697M 2 Wealthsimple | $610M | Series F
3 ▲86 PC and Console Casual Game Developers $572M 4 Dapper Labs | $305M | Series C
4 -- Datacenter Colocation $488M 1 eStruxture | $488M | Series B
5 ▲14 Identity Verification $394M 1 Trulioo | $394M | Series D
6 ▲14 RegTech > KYC $394M 1 Trulioo | $394M | Series D
7 ▲9 Overseas College Recommendation Platforms $365M 2 ApplyBoard | $310M | Series D
8 -- Internet First Revenue Based Financing $315M 2 Clearco | $215M | Series D
9 ▼-2 Drugs for Multiple Cancer Types $272M 9 Turnstone Bi.. | $80.0M | Series D
10 ▲183 Financial Planning & Analysis Software $249M 2 Vena | $241M | Series C

New Analyst Picks (1/5)
Interesting Companies identified by Analysts in Canada Tech in July 2021
Canada Tech: Analyst Picks
14
Upgraded to UNICORN
Redwood Materials (2017, Montreal, $40.0M,
Series A)
Fidelity Investments, Breakthrough Energy, The
Climate Pledge and 11 other Investors
Upgraded to SOONICORN
Untether (2017, Toronto, $7.0M, Series A)
Developer of neuromorphic processing chip for AI
applications
Intel Education Accelerator, Tracker Capital
Management, CPP Investments and 4 other
Investors
Upgraded to MINICORN
Swift Medical (2015, Toronto, $5.0M, Series A)
AI based application for wound measurement,
assessment, documentation and care
Ryerson Futures, Relay Ventures, Data Collective
and 13 other Investors
FrontFundr (2013, Vancouver, $1.4M, Seed)
Equity crowdfunding platform for early stage
companies
360 BlockChain, Haro Ventures, MaRS Discovery
District and 1 other Investors
Brokrete (2015, Gatineau, $500K, Angel)
Online marketplace for construction and
landscaping materials
Xploration Capital, Y Combinator, L-Spark and 3
other Investors
FREDsense (2014, Calgary, $2.5M, Series A)
Provider of a biosensor platform to detect
water-borne chemicals
Accelerate Fund, , Imagine H2O and 4 other
Investors

15
Feroot (2017, Toronto, $2.5M, Seed)
Provider of cloud based web application security
solutions
StoneMill Ventures, Scale Asia Ventures, Jon
Oberheide and 11 other Investors
Spark (2012, Vancouver, $1.0M, Series A)
SaaS-driven CRM software for real estate
professionals
BDC, Hillcore Group, FirePower Capital and 3
other Investors
Conquest Planning (2018, Winnipeg, $7.5M,
Series A)
Fidelity International Strategic Ventures, Eight
Roads Ventures, IGM Financial and 1 other
Investors
VRB Energy (2018, Vancouver, $24.0M, Series
B)
Provider of vanadium redox battery energy storage
system
BCPG Public Companyand
Valora (2020, , $20.0M, Series A)
Valor, April Underwood, Ruzwana Bashir and 6
other Investors
Float Financial Solutions (2020, Kitchener,
$4.0M, Seed)
Virtual and physical corporate cards for expenses
Tiny Capital, Global Founders Capital, Garage
Capital and 3 other Investors
TRADE X (2018, Mississauga, $35.0M, Series
C)
Aimiaand
Mentorly (2016, Montreal, $1.0M, Seed)
Cloud-based mentorship and performance
management solution for enterprises
Backbone Angels, Chris Slow, Youssef Bennani
and 2 other Investors
Added to Editor's Pick
Joyride (2015, Toronto, $3.7M, Seed)
Provider of a SaaS-driven mobility solution for
multi-vehicle rental companies
OCE, OneEleven, Proeza Ventures and 6 other
Investors
Lambda Solutions (2002, Vancouver, $250K,
Seed)
e-learning technology tools
Quantius,Timia Capitaland
Side Door (2017, Halifax, $3.0M, Seed)
Marketplace to find artists and connect with the
hosts
Rhino Ventures, Innovacorp, Propel and 2 other
Investors
Direct-C (2014, Edmonton, $1.7M, Seed)
Provider of nano-based leak detection and
monitoring solution for oil and gas industries
SDTC,GreenSky Capitaland

16
YallaXash (2017, Montreal, $675K, Series A)
Cross-border money transfer app
Maroc Numeric Fundand
Scribble Data (2016, Bangalore, $148K, Angel)
Machine learning-based business intelligence
suites provider
Startup Reseau, Ammar Mukadam, Rebecca Sara
Joseph and 11 other Investors
XCO (2014, Penticton, Undisclosed, Grant (prize
money))
Sensor based athlete/patient movement data
analytics
Tydo Incubator,Government of Canada,SFU
VentureLabsand
Lumeto (2020, Toronto, $2.4M, Seed)
VR-based digital therapeutic tool for healthcare
professionals
TELUS Ventures, MaRS Investment Accelerator
Fund, Globalive Capital and 2 other Investors
3D Planeta (2018, Fredericton, $1.0M, Seed)
Provider of 3D mapping and visualization solution
Concrete,New Brunswick Innovation
Foundationand
ScalePad (2011, Vancouver, Undisclosed, Seed)
Cloud-based enterprise IT asset management
software provider
Integrity Growth Partners,Cohesive Capitaland
DALS Lighting (2008, Blainville, Unfunded)
Provider of smart lighting products
Caary (2020, Toronto, $3.3M, Seed)
Digital Corporate Card Provider
Cozey (2020, Montreal, $2.0M, Seed)
Internet first brand offering furniture
Incisive Genetics (2019, , $2.5M, Seed)
Developer of gene editing delivery platform
Sandra MacPherson,Haig Farris,Noel Halland
Go Evo (2016, Toronto, Unfunded)
Cloud-based software for government operations
and administration
OneElevenand
Terra CO2 Technologies (2016, Vancouver,
$9.3M, Series A)
Manufacturer of low carbon geopolymer cement

17
CalendarHero (2016, Toronto, Unfunded)
Offers a web-based platform for scheduling
meetings
OneEleven,Good News Venturesand
CrewPAX (2019, Surrey, Unfunded)
App-based platform offering a marketplace for
hiring film & TV crew
EmergConnect (2020, , Undisclosed, Angel)
AI-based platform providing emergency care
solutions for patients
Jane Huang,Jotham Chowand
Syantra (2013, Calgary, Undisclosed, Seed)
Developer of a blood test device to detect breast
cancer
The51and
EarthDaily Analytics (1999, Vancouver,
Unfunded)
Provider of geo-information & analytics services
Renewity (2010, Kanata, Unfunded)
Cloud based returns and service management
software provider
Halterix (2018, Toronto, Unfunded)
Provider of AI-based motion recognition software
for wearables
JetSend (2005, Burlington, Unfunded)
Provider of email deliverability solutions
Codex (2020, Toronto, Unfunded)
Provider of code collaboration tools
Solaris Robots (2016, Mississauga, Unfunded)
Provider of UV-based disinfection robots
Lorica (2020, Toronto, Unfunded)
Data encryption and analytics solutions provider
CrossConcept Continuum PSA (2010,
Whitby, Unfunded)
Cloud-based software for project management

18
Thinkably (2020, Unfunded)
SaaS-driven platform offering digital storybooks for
schools and students
AYE3D (2019, Longueuil, Unfunded)
Provider of an immersive high resolution display.
LicenseSpring (2017, Vancouver, Unfunded)
Provider of software licensing platform
Mail Backup X (2010, Toronto, Unfunded)
Cloud based backup management solution
provider
Exceed Academy (2014, Mississauga,
Unfunded)
Provider of SaaS-driven online tutoring solutions
focusing on coding for students
Genomica (2020, Vancouver, Unfunded)
AI-based protein designing tool for healthcare
professionals
Numr (2006, Mississauga, Unfunded)
Provider of customer experience management
platform
Bacoban International (2020, Unfunded)
Provider of nanotech-based disinfectants
Sir Steward (2017, Drummondville, Unfunded)
Provider of collaborative robots and self-service
solutions

IPO Date Company IPO Mcap
Exchange
Ticker
26 Jul 2021
Peak Fintech Group (2020, Montreal, )
AI-enabled lending as a service platform for businesses
CSE:PKK.WT
15 Jul 2021
Aquarius (2011, Vancouver, )
Provider of branding and campaigning services
CSE:AQUA
08 Jul 2021
AgriFORCE (2017, Vancouver, )
Developer of AI-based automated hydroponic growing
systems
$72.6M NASDAQ:AGRI
15 Jul 2021
Hempsana (2018, Toronto, $1.3M)
Provider of solution to process CBD oil form hemp plants
CSE:HMPS
15 Jul 2021
NOVA CANNABIS (2018, Edmonton, )
Online pharmacy for cannabis medical and recreational
products
TSX:NOVC
26 Jul 2021
Zoglos (1987, Toronto, )
Platform offering meat substitute food products
CSE:ZOG
15 Jul 2021
NanoXplore (2011, Montreal, $13.1M)
Manufacturer of graphene and developer of new materials
using graphene
TSX:GRA
05 Jul 2021
LifeSpeak (2004, Toronto, $31.9M)
Employee Wellness Application
$0.4B TSXV:LSPK
IPOs
List of IPOs in Canada Tech in July 2021
Canada Tech: IPOs
19

Acquisitions (1/4)
List of Acquisitions in Canada Tech in July 2021
Canada Tech: Acquisitions
20
Acq.
Date
Company Acquirer Deal Size
05 Jul 2021
Carson Air(1997, Kelowna)
Small plane based aviation services
Exchange Income
Corporation
$61.0M
05 Jul 2021
Calm Radio(2009, Toronto)
Solution for therapeutic music
Stingray
06 Jul 2021
AllChecked.in(2020, Toronto)
SaaS-driven visitor management software for commercial
spaces
Ritual
06 Jul 2021
Grubgrab(2018, Vancouver)
Platform offering meal delivery services
UpMeals
06 Jul 2021
Paymi(2014, Toronto)
Wallet-based payment solutions for consumers
EQWorks $2.5M
06 Jul 2021
Investia Financial Services(1988, Quebec City)
Financial advisory and investment platform for individuals
iA Financial Group
06 Jul 2021
Synergy Medical(2008, Longueuil)
Provider of a pharmacy automation system for medication
dispensing
Parata Systems
07 Jul 2021
Arcestra(2009, Toronto)
Digital marketing platform for the real estate industry
MRI Software
08 Jul 2021
Digital Scapes(2012, Burnaby)
Developer of video games focusing on core games
CD Projekt Red
09 Jul 2021
3vGeomatics(2007, Vancouver)
Provider of a satellite and cloud-based imaging and mapping
platform for various industries
Vance Street Capital

Acquisitions (2/4)
21
Acq.
Date
11 Jul 2021
Shift CRM(2009, North York)
Salesforce consulting, implementation, and apps
Silverline
12 Jul 2021
Ficanex(2000, Oakville)
Network of ATMs
Prodigy $4.0M
12 Jul 2021
Nova Scotia Today(2018, Halifax)
Online platform providing multi-category news
Business Upturn
12 Jul 2021
Foodee(2011, Vancouver, $25.5M)
Group Food Delivery Ordering for Offices
Sodexo
13 Jul 2021
PsyTech(2020, Toronto)
Online platform providing psychedelic coaching for mental
health
Wesana Health
13 Jul 2021
Hemisphere Cannabis Co.(2020, Mississauga)
Online pharmacy for cannabis medical and recreational
products
Kiaro
13 Jul 2021
Ollie(2019, Vancouver)
Cloud based platform offering sales enablement software for
the liquor industry
Next Glass
13 Jul 2021
Morris Marketing Group(2012, Toronto)
SaaS-driven marketing software for real estate professionals
Elm Street Technology
13 Jul 2021
IXACT Contact(2008, Toronto)
Contact management for real estate
Elm Street Technology
14 Jul 2021
Clean Air Club(2018, Edmonton)
Online subscription-based platform offering air filters
bgecleanair.com

Acquisitions (3/4)
22
Acq.
Date
14 Jul 2021
Trailforks(2011, Squamish)
Crowd-sourced platform for keeping a track of trail conditions
Pocket Outdoor Media
14 Jul 2021
Presagia Sports(1987, Montreal)
Presagia develops web-based athlete health management
software solutions.
Kitman Labs
14 Jul 2021
Pinkbike(1998, Squamish)
Online magazine for mountain bike enthusiasts
Pocket Outdoor Media
15 Jul 2021
Auvik(2011, Waterloo, $33.4M)
Network monitoring & management solution
Great Hill Partners $250.0M
19 Jul 2021
Cloudworks(2016, Toronto)
Offers cloud-based supply chain management solutions
Accenture
19 Jul 2021
Squiggle Park(2015, Kitchener, $0.8M)
Gamified apps for learning for Pre-K
DreamBox
20 Jul 2021
Airborne(2019, Toronto)
Cloud-based CRM solutions provider
Demandscience
20 Jul 2021
EssayJack(2014, Toronto)
Platform for essay writting
Wize
20 Jul 2021
Passportal(2011, Calgary, $0.5M)
Secure password & IT documentation management platform
N-able
20 Jul 2021
Allocadia(2010, Vancouver, $30.0M)
Marketing Performance Management Platform
BrandMaker

Acquisitions (4/4)
23
Acq.
Date
22 Jul 2021
Doc.It(2001, Markham)
Practice management solution for accounting firms.
Iris Software
23 Jul 2021
CRH Oral Design(1992, Montreal)
Manufacturer of crowns, bridges, and implants
LaurelCrest Partners
26 Jul 2021
Cornerstone Capabilities(2014, Toronto)
Pricing software, analytics, and optimization
NielsenIQ
26 Jul 2021
LifeLearn(1994, Guelph)
Provider of a platform for veterinary practice management
ProSites
26 Jul 2021
Firmex(2006, Toronto, $3.4M)
Virtual Data Room Provider and secure document sharing
Datasite
27 Jul 2021
SquareFeet.ai(2020, Montreal)
SaaS-driven residential market intelligence platform for real
estate professionals
capimmobilier.ca
28 Jul 2021
Teradici(2004, Burnaby, $44.8M)
Offers PCoIP and remove desktop solutions
Hewlett-Packard

Recent News (1/2)
Recent News in Canada Tech in July 2021
Canada Tech:News
24
Exit News
.
● Clarios International seeks $10.7bn for U.S. IPO PE Hub
.
● Accenture Expands Oracle Capabilities in Canada with Cloudworks
Acquisition Business Wire
.
● GameSquare Esports Acquires Cut+Sew & Zoned, a Gaming and
Lifestyle Marketing Agency, to its Portfolio of Prof... PR Newswire
.
● VIAVI Announces Increased Binding Proposal to Acquire EXFO at
US$8.00 Per Share CNW
.
● Smart Acquires the Cookie-Free CTV and Video Advertising Platform
Dynadmic. AiThority
.
● Vertu Capital and BDC Capital Announce Strategic Sale of Firmex CNW
.
● Ollie Order acquired by Next Glass, aims to bring liquor sales software
to Ontario, the US wn24.in
.
● Aquiline-backed Elm Street buys Morris Marketing, IXACT PE Hub
.
Fund News
.
● Lumira Ventures Closes on US$255 Million of New Capital to Build
Transformative Healthcare Companies WebWire
.
● Canoe Financial Announces Closing of Overnight Offering of Canoe EIT
Income Fund Financial Post
.
People News
.
● Coinsquare Appoints Martin Piszel As New Ceo To Lead The Next
Phase Of Acceleration In The Digital Asset Sector Financial IT
.
● Sierra Wireless appoints Brace as president, CEO Telecompaper
.
● Richard Ellinger Joins Ynvisible's Sales Team as US Sales
Representative, Expanding Cold-Chain Solutions Sales... Calgary Herald
.
● Kaloom Snags IBM Veteran, George Khatchadourian, to Lead Strategic
Partnerships Business Wire
.
● BlueRush Announces New CFO CNW
.
● Mindset Pharma Announces Appointment of Clinician Scientist, Dr.
Ishrat Husain, to Scientific Advisory Board Financial Post
.
● BIONIK names interim CEO with the resignation of current Seeking Alpha
.
Company News
.
● Fusion Pharmaceuticals Announces FDA Clearance of IND for
FPI-1966, an Investigational Radiopharmaceutical for... pipelinereview.com
.
● Arbutus Receives Authorization To Proceed With An Investigational New
Drug Application (Ind) For Ab-729, Its P... GlobeNewswire

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