Organization: BDC Capital

Resson captures $3 million in venture financing

Resson Aerospace has raised $3 million in venture capital financing to advance its bioinformatics and data analytics technology offerings. The VC financing of the Fredericton NB-based company was led by Rho Canada Ventures and Build Ventures and includes BDC Capital, New Brunswick Innovation Foundation and private investors. Resson has recently deployed an agricultural management and…

Ranovus receives $24 million in follow-on financing

Ottawa telecommunications start-up Ranovus Inc has received US$24 million in a new round of equity and growth capital to further develop and market its interconnect products for data centre and communications networks. With operations in Ottawa, San Jose and Nuremberg Germany, the funding follows an initial $11-million round in 2013 for the three-year-old firm, which…

Allostera raised $17 million in VC financing

Montreal-based Allostera Pharma Inc has raised $17 million in series ‘A’ financing to develop a new class of drugs based on the firm’s proprietary Module X platform technology. So-called allosteramers use modified peptides with highly specific targets that can be developed rapidly and can be taken orally, which may make them more widely accepted than…

iNovia Capital launches new $107-million fund

iNovia Capital has launched a $107-million seed and early stage venture capital fund focused on the information technology, cleantech and life sciences sectors. iNovia Investment Fund II LP has attracted the participation of more than a dozen backers including Consensus Business Group, Caisse de dépôt et placement du Québec, FIER Partners, BDC Capital, AVAC Ltd,…