Export Development Canada

Vidyard Unveils Industry-First Hyper-Realistic, Personalized AI Avatars to Scale Sales and Marketing Video Communications

Retrieved on: 
Tuesday, April 16, 2024

Video messaging leader Vidyard today announced the introduction of the industry’s first hyper-realistic AI Avatars – that look and sound just like the user – to the Vidyard Messages platform.

Key Points: 
  • Video messaging leader Vidyard today announced the introduction of the industry’s first hyper-realistic AI Avatars – that look and sound just like the user – to the Vidyard Messages platform.
  • AI Avatars help sales organizations scale all stages of the sales cycle and enable marketers to create high-quality, personalized videos while minimizing the time spent recording and editing.
  • View the full release here: https://www.businesswire.com/news/home/20240416565871/en/
    Vidyard's industry-first, hyper-realistic, personalized AI avatars scale sales and marketing video communications.
  • Combining AI Avatars with Vidyard Templates for sales and marketing ensures consistency and accuracy of messaging delivery, even across globally distributed teams.

Conterra Networks Completes $580 Million Debt Capital Raise

Retrieved on: 
Thursday, April 25, 2024

CHARLOTTE, N.C., April 25, 2024 /PRNewswire/ -- Conterra Ultra Broadband Holdings, Inc. ("Conterra Networks", "Conterra" or "the Company"), a national leader in providing fiber-optic network-based infrastructure and services, announced today the completion of a debt capital raise totaling $580 million, which will be used to refinance existing credit facilities, optimize Conterra's capital structure, and provide additional capacity to support Conterra's growth.

Key Points: 
  • CHARLOTTE, N.C., April 25, 2024 /PRNewswire/ -- Conterra Ultra Broadband Holdings, Inc. ("Conterra Networks", "Conterra" or "the Company"), a national leader in providing fiber-optic network-based infrastructure and services, announced today the completion of a debt capital raise totaling $580 million, which will be used to refinance existing credit facilities, optimize Conterra's capital structure, and provide additional capacity to support Conterra's growth.
  • Conterra is owned by affiliates of each of APG Group NV ("APG") and Fiera Infrastructure Inc. ("Fiera Infrastructure").
  • Craig Gunderson, President & CEO of Conterra, commented, "This refinancing provides Conterra with growth capital to support our continued expansion to densify our network in our focus areas and launch additional advanced services for our customers."
  • Steve Keaveney, CFO of Conterra, echoed similar sentiments and added, "We are extremely pleased with the outcome of the refinancing, which offers significant operating flexibility to Conterra.

Qohash Secures $17.4 Million in Series B Funding Led by Fonds de solidarité FTQ to Accelerate Growth of Its AI Data Security Platform

Retrieved on: 
Wednesday, April 24, 2024

MONTREAL, April 24, 2024 /CNW/ - Qohash today announced a $17.4 million Series B investment led by Fonds de solidarité FTQ, with participation from Export Development Canada (EDC) and existing investor Desjardins Capital.

Key Points: 
  • MONTREAL, April 24, 2024 /CNW/ - Qohash today announced a $17.4 million Series B investment led by Fonds de solidarité FTQ, with participation from Export Development Canada (EDC) and existing investor Desjardins Capital.
  • Since the last round of funding, Qohash has achieved significant traction within the financial services, public sector, and high technology sectors.
  • Security teams in these industries are demanding effective and easy-to-deploy solutions to manage high-risk files and monitor their circulation within the organization.
  • This strategic expansion allows the company to meet the urgent security needs of industries where data security is critical.

The province of Newfoundland and Labrador green lights World Energy GH2's Project Nujio'qonik

Retrieved on: 
Tuesday, April 9, 2024

"Project Nujio'qonik continues to be one of the most advanced green hydrogen export projects under development, globally," said Sean Leet, Managing Director and CEO, World Energy GH2.

Key Points: 
  • "Project Nujio'qonik continues to be one of the most advanced green hydrogen export projects under development, globally," said Sean Leet, Managing Director and CEO, World Energy GH2.
  • "Industry at home and around the world has been closely watching this decision," said John Risley, Chair, World Energy GH2.
  • Newfoundland and Labrador has taken the necessary steps to solidify its position as a global leader in renewable green energy production.
  • Project Nujio'qonik is a catalyst for the green energy industry in Atlantic Canada and around the world."

CCC, Greece sign contract for DHC-515 firefighting aircraft

Retrieved on: 
Monday, March 25, 2024

Through CCC’s contract, DHC will supply Greece with seven (7) DHC-515 aircraft, as well as spare parts, training, and support.

Key Points: 
  • Through CCC’s contract, DHC will supply Greece with seven (7) DHC-515 aircraft, as well as spare parts, training, and support.
  • The contract is the result of ongoing cooperation between CCC, DHC, the European Union’s Civil Protection Mechanism (rescEU) and its Member States to supply the EU with Canadian-made firefighting aircraft.
  • Building on the foundation of the iconic Canadair CL-215 and CL-415 aircraft, the DHC-515 FIREFIGHTER™ is a new purpose-built aerial firefighting aircraft.
  • It matches the other aircraft in the De Havilland fleet in terms of lifespan, ruggedness, and Canadian aerospace engineering quality.

CCC, Croatia sign contract for DHC-515 firefighting aircraft

Retrieved on: 
Monday, March 25, 2024

Through CCC’s G2G contract, DHC will provide the DHC-515 aircraft to Croatia, along with spare parts, training, and maintenance support.

Key Points: 
  • Through CCC’s G2G contract, DHC will provide the DHC-515 aircraft to Croatia, along with spare parts, training, and maintenance support.
  • Building on the foundation of the iconic Canadair CL-215 and CL-415 aircraft, the DHC-515 FIREFIGHTER™ is a new purpose-built aerial firefighting aircraft.
  • Currently, Croatia currently operates six CL-415 aircraft and will increase its aerial firefighting program by one-third with the acquisition of these two new DHC-515 aircraft.
  • I congratulate Croatia to sign into reality the first planes of what will form a new generation of European firefighting aerial capacity.

ZayZoon Raises $15M in Series B Extension from Viola Fintech and Intuit Ventures

Retrieved on: 
Tuesday, March 26, 2024

ZayZoon , the leading Earned Wage Access (EWA) provider for small and mid-sized businesses, today announced it has raised US $15 million in an extension of its Series B financing.

Key Points: 
  • ZayZoon , the leading Earned Wage Access (EWA) provider for small and mid-sized businesses, today announced it has raised US $15 million in an extension of its Series B financing.
  • This round extension brings ZayZoon’s total Series B funding round to 49.5 million USD.
  • The round was led by Viola Fintech with participation from Intuit Ventures and existing investors Framework Venture Partners , and Export Development Canada (EDC).
  • "ZayZoon combines a powerful mission with exemplary execution that creates a real impact," said Noam Inbar, Partner at Viola Fintech.

North American Helium Provides Operations and Business Update

Retrieved on: 
Tuesday, March 19, 2024

North American Helium Inc. (“NAH” or the “Company”) today announced several updates supporting the continued growth of its business, including plans to add two additional helium purification facilities in Saskatchewan.

Key Points: 
  • North American Helium Inc. (“NAH” or the “Company”) today announced several updates supporting the continued growth of its business, including plans to add two additional helium purification facilities in Saskatchewan.
  • Mr. Nicholas Snyder, Chairman and CEO stated, “We are excited to continue increasing our production of reliable and sustainable helium supply in North America.
  • While the most recent global shortage has eased in recent months, the world continues to grapple with major risks to other global sources of helium.
  • The expanded capacity of our credit facility reflects the Company’s success to date and provides ample financial capacity to fund ongoing growth initiatives.”

Eirene, Canada's first and only online funeral services provider, launches operations in the U.S. after raising over $4 million in seed round to accelerate its growth

Retrieved on: 
Wednesday, April 3, 2024

TORONTO, April 3, 2024 /PRNewswire/ - Eirene, Canada's first and only online funeral services provider, has launched operations in the U.S. after raising $4.1 million in seed funding.

Key Points: 
  • TORONTO, April 3, 2024 /PRNewswire/ - Eirene, Canada's first and only online funeral services provider, has launched operations in the U.S. after raising $4.1 million in seed funding.
  • This funding will accelerate Eirene's path to scale, with a focus on expanding its operations in the U.S., building its brand, and growing its team.
  • Eirene's technology platform provides families with online end-of-life solutions that are easy to use, simple to understand, and affordable.
  • Eirene's platform is supported by a dedicated team committed to providing high-quality and compassionate funeral services to families.

Blender Bites Announces $2 Million Loan from Export Development Canada

Retrieved on: 
Monday, March 11, 2024

VANCOUVER, British Columbia, March 11, 2024 (GLOBE NEWSWIRE) -- Blender Bites Limited (the “Company” or “Blender Bites”) (CSE: BITE, FWB: JL4, WKN: A3DMEJ) is pleased to announce that further to its November 9, 2023 press release, its operating subsidiary, Blender Bites (Holdings) Limited, has entered into a definitive agreement with Export Development Canada (“EDC”) for a term loan credit facility of up to $2,000,000 (the “Facility”).

Key Points: 
  • VANCOUVER, British Columbia, March 11, 2024 (GLOBE NEWSWIRE) -- Blender Bites Limited (the “Company” or “Blender Bites”) (CSE: BITE, FWB: JL4, WKN: A3DMEJ) is pleased to announce that further to its November 9, 2023 press release, its operating subsidiary, Blender Bites (Holdings) Limited, has entered into a definitive agreement with Export Development Canada (“EDC”) for a term loan credit facility of up to $2,000,000 (the “Facility”).
  • “Our expansion into the U.S. market has been instrumental in the Company’s growth, and provides a solid foundation for our long-term success.
  • The Facility is available in three drawdowns within the next six-months, with interest only payments for the first 12-months.
  • The Facility is secured by a security interest over the assets of Blender Bites (Holdings) Ltd. and is guaranteed by the Company and Blender Bites US Ltd.