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BDC Capital injects funds into WellnessLiving; Canada finances Creative Destruction Lab to create jobs

Check out the latest private equity market deals over the past week:

Optina Diagnostics secured $4M new funding from Zoic Capital, Desjardins Capital, DigitalDx Ventures, Pallasite Ventures, Barney Pell, AngelList Syndicate, Advisors.fund, Hike Ventures.

Cinchy raised $3M from Blindspot, ScaleUp Ventures, MaRS Investment Accelerator Fund (IAF), Techstars, BDC Capital, and others

Therachon AG acquired Montreal based GLyPharma Therapeutic from CTI Life Sciences Fund, Fonds de solidarité FTQ, and Ferring Pharmaceuticals.

Storyflow, formerly known as FableHQ, secured $500,000 seed funding led by Ripple Ventures.

Government of Canada, through Strategic Innovation Fund, invested $25M investment in the Creative Destruction Lab (CDL) to “create and maintain 125 jobs”

CannBioRex Pharmaceuticals to go public on CSE through $7M IPO led by Canaccord Genuity Corp. with shares to be priced

WellnessLiving Systems Inc., a business management software provider for health and wellness businesses, secured financing from BDC Capital’s Growth and Transition Capital

BC Partners and Ontario Teachers’ backed GFL Environmental to acquire Waste Industries from HPS Investment Partners, Equity Group Investments, the Poole family for US $2.825B

CrowdRiff secured US $9M Series A funding from Leaders Fund, High Alpha Capital, Gibraltar & Company, and BDC Capital.

Francisco Partners backed Prometheus Group acquired Solufy Information Technologies from co-founders Mario Boileau and Gerry Lamarche

ArcTern Ventures II held $60M initial close with OMERS, Equinor and a large CDN energy company as anchor investors. ArcTern plans to hold final close to reach $100M target for up to maximum $150M

Power Corporation’s Sagard Holdings held additional closings for Sagard Credit Partners (SCP), raising US $545M in total capital commitments. The fund remains open until the end of 2018.

Chrysalix RoboValley Fund raised undisclosed amount in committed capital at initial close and “well on its way to raising its target size of US $120 million.”