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AON3D Secures $11.5M & Manufactures First 3D Printed Parts for the Moon
AON3D Secures $11.5M & Manufactures First 3D Printed Parts for the Moon
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AON3D Secures $11.5M & Manufactures First 3D Printed Parts for the Moon

– AON3D announced their $11.5M Series A funding and a partnership with Astrobotic for their historic Peregrine Moon Lander (PM1) mission.
– This brings the company’s total funding to $14.2M.
SineWave Ventures led the round with participation from AlleyCorp, Y Combinator Continuity, BDC Capital, EDC, Panache Ventures, MANA Ventures, top social-media influencers Josh Richards & Griffin Johnson, and leading Silicon Valley angels.
– The funding will be used to invest in 3D printing R&D, continue onboarding talent to support a growing enterprise, and provide clients with best-in-class support to achieve their 3D printing needs.

Source
#paid Raises $15 Million in Series B Funding to Expand Creator Marketing Platform
#paid Raises $15 Million in Series B Funding to Expand Creator Marketing Platform
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#paid Raises $15 Million in Series B Funding to Expand Creator Marketing Platform

– #paid is a creator marketing platform that helps brands and creators collaborate to create authentic content.
– The company has raised $4m in funding.
Sands Capital, a long-term investor in leading innovative businesses globally, led the round with a $9 million investment.
Ascential (who own Cannes Lions), Vanedge, and BDC Capital participated in this round and eCommerce experts Arati Sharma, Web Smith, and Nik Sharma. Notable content creators and celebrities have also joined as new investors, including Murda Beatz, Jasmine Lorimer, Ryan Millier, Alen Palander.
– This funding will be used to continue developing its platform offering and market expansion to new digital channels.

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Montrium Secures $2M in Funding
Montrium Secures $2M in Funding
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Montrium Secures $2M in Funding

– Montrium is a Montreal, Canada-based provider of cloud-based software solutions for life sciences.
– The company raised $2m in non-dilutive funding from BDC Capital (Canada), Growth and Transition Capital division.
– The funding will be used to bolster product development and expand the engineering team.

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Swift Medical Raises $35M in Series B Funding
Swift Medical Raises $35M in Series B Funding
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Swift Medical Raises $35M in Series B Funding

– Swift Medical is a digital wound care company based in Toronto.
– The company raised $35M in Series B funding.
– The round was led by Virgo Investment Group LLC with participation from DCVC, BDC Capital, Women in Technology Venture Fund, Claritas Capital, Chrysalis Ventures, Pender Ventures and Export Development Canada.
– The investment will be used to expand the company’s market position and scale their digital wound management platform across North America.

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Comet Bio Raises $22M in Series C Funding
Comet Bio Raises $22M in Series C Funding
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Comet Bio Raises $22M in Series C Funding

– Comet Bio from London, Ontario CA- and Schaumburg, Illinois-based food technology company raised $22M in Series C funding.
– The round was led by Open Prairie with participation from Louis Dreyfus Company (LDC), BDC Capital, Sofinnova Partners.
– The new investment will be used to meet the market demand for its ingredients.

Source
Buddha Brands™ Closes $3 Million Round Accelerating Expansion in U.S. Market
Buddha Brands™ Closes $3 Million Round Accelerating Expansion in U.S. Market
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Buddha Brands™ Closes $3 Million Round Accelerating Expansion in U.S. Market

– Buddha Brands™, maker of better-for-you, plant-powered food and beverages, announced a $3m round of funding from leading capital investment corporations, BDC Capital and Investissement Quebec.
– In 2020, Buddha Brands™ expanded into the U.S. market with the introduction of its Hungry Buddha® Keto Bars and are now in more than 1,500 natural independent retailers and grocery stores nationwide.
– The new investment will help accelerate the brand’s U.S. expansion via sales and marketing initiatives, as well as research and development for future projects to further its momentum within the category.
– According to SPINS data, the snack bar category was down 20-40% during 2020, however, plant-based and low-sugar bars were outpacing the segment by 20-50%.

Source
Tulip Raises $28M in Series C Funding
Tulip Raises $28M in Series C Funding
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Tulip Raises $28M in Series C Funding

– Tulip from Kitchener, ON, Canada raised $28m in Series C funding.
– The round was led by Arrowroot Capital, joined by BDC Capital and existing investors.
– The new investment will be used for future expansion including further plans to grow the sales and marketing team, accelerate road map development and increase global expansion.

Source
Canadian Space Technology Startup SkyWatch Raises $17.2M to Democratize Satellite Data
Canadian Space Technology Startup SkyWatch Raises $17.2M to Democratize Satellite Data
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Canadian Space Technology Startup SkyWatch Raises $17.2M to Democratize Satellite Data

– SkyWatch Space Applications Inc. (“SkyWatch”), a Waterloo-based space technology startup, announced today the completion of a $17.2M USD Series B round of financing to further democratize access to Earth observation data.
Drive Capital led the investment round with participation from existing investors Bullpen Capital, Space Capital, Golden Ventures, and BDC Ventures.
– The Series B financing builds on an exceptional first half of 2021 for SkyWatch, which is seeing revenue growth in excess of 450% over the same period last year, highlighting the appetite for Earth observation data from the private sector.

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Borrowell Raises $25M in Funding
Borrowell Raises $25M in Funding
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Borrowell Raises $25M in Funding

– Borrowell is a Toronto, Canada-based credit education company.
– The company raised $25m in funding.
– The round was led by Kensington Capital Partners, BDC Capital, iA Financial Group and Impact Engine, a Chicago-based social impact-focused investment fund.
– Existing investors Portag3 Ventures, White Star Capital, National Bank of Canada’s NAventures and Equitable Bank also participated with new funding.
– The new funding will be used for the acquisition of Refresh Financial, a provider of credit to underserved Canadians, and to support future growth.

Source
Peak Power Inc. Closes Latest Funding Round with Investment from The Atmospheric Fund
Peak Power Inc. Closes Latest Funding Round with Investment from The Atmospheric Fund
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Peak Power Inc. Closes Latest Funding Round with Investment from The Atmospheric Fund

– Toronto-based Peak Power (Peak) today announced that it has closed funding from The Atmospheric Fund (TAF), representing the fifth investor in Peak’s capital funding round.
– TAF will join Sensata Technologies, Export Development Canada (EDC), BDC Capital, and Hatch/Canadian Shield as a strategic investor in Peak.
– TAF brings to the round their focus on carbon emissions reduction, as they have a mandate to advance local solutions to climate change through high impact investments.
– Their contribution aligns with Peak’s commitment to decarbonize energy, the built environment, and mobility through enabling intelligent energy in smart cities.

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Enterprise Supplier Data Optimization Company Tealbook Raises $14.4 Million
Enterprise Supplier Data Optimization Company Tealbook Raises $14.4 Million
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Enterprise Supplier Data Optimization Company Tealbook Raises $14.4 Million

– Tealbook is a trusted source of supplier data.
– The company raised $14.4m in Series A funding.
RTP Global led the round and joined by BDC Capital, Grand Ventures, Reciprocal Ventures, Refinery Ventures, S&P Global, Stand Up Ventures and Workday Ventures.
– The company plans to use the funds to support the platform’s continued innovation, and drive sales and marketing initiatives further expanding the company’s global footprint.

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