Canadian Financings

Northern Dynasty prices US$13.5 million offering

Northern Dynasty Minerals Ltd. [NDM-TSX; NAK-NYSE] on Friday December 13 said it has priced a previously announced marketed public offering of common shares that will be used to advance its Alaskan Pebble copper-gold project. The move comes after the company retained an underwriting syndicate for t ...

Montréal’s Nuvei raises $358 million CAD, reaches $2.65 billion CAD valuation

Montréal-based FinTech company Nuvei has raised $358 million CAD ($270 million USD) in common equity financing. Following the raise, the company is now valued at $2.65 billion CAD ($2 billion USD). “This new raise gives the company flexibility to continue executing on its successful growth stra ...

Second Closet raises $13.2 million to disrupt billion dollar self-storage market

Second Closet has raised $13.2 million in its latest round of funding, as the startup looks to expand its self-storage offering within Canada. The Series A funding round comes almost a year and a half after the Toronto-based company raised $2.04 million to support its geographic expansion to Vancou ...

Startup jobs of the week: Director of Growth and Digital, DevOps Engineer, Oracle Architect

Every day, Canada’s tech startups post their latest and greatest job opportunities on Jobs.BetaKit, powered by Jobbio. From early-stage to Series B and beyond, Jobs.BetaKit helps startups from all over the country hire Canada’s top tech talent. Each week, BetaKit will highlight a selection of t ...

Northam raises R500m for Eland development

Platinum group metals miner Northam Platinum has completed a private placement of senior, unsecured, floating rate domestic medium-term notes to the value of R500-million. This forms part of the company's R5-billion domestic medium-term note programme and the proceeds will be used for the recommissi ...

Koho says its metal card is driving significant new customer interest

Koho officially launched its new metal credit cards on Thursday, making the new product available to some of the tens of thousands of consumers that signed up for the waitlist. Fully launching its waitlist at the beginning of Q4, Koho has seen around 80,000 interested consumers sign on, with 48 per ...

R|T: The Retail Times – Shopify arms the rebels

The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe. Subscribe to R|T using the form at the bottom of this page to ensure you don’t miss out on the most important retail tech news every week! BROUGHT TO YOU BY: Winnipeg-based Bold Commerce expands ...

Vancouver EdTech startup Riipen raises $5 million pre-Series A

Vancouver-based EdTech startup Riipen, which has created an experiential learning platform that allows companies to connect with post-secondary schools on projects, has closed a $5 million CAD pre-Series A. “We created Riipen to change the relationship between educational institutions and employe ...

Poor market conditions derail Triple Flag IPO

Royalty and streaming company Triple Flag Precious Metals has cancelled a planned initial public offering due to poor market conditions. googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');}); “While the company has been encouraged by investor interest in its proposed i ...

Vistara Capital caps technology growth fund at oversubscribed $150 million CAD

Vancouver-based venture firm Vistara Capital Partners, which focuses on growth debt and growth equity, has closed its Vistara Technology Growth Fund III LP, reaching its final close of $150 million CAD ($115 million USD). The fund is now oversubscribed, surpassing its original goal by about $20 mil ...