latest-news-headlines Market Intelligence /marketintelligence/en/news-insights/latest-news-headlines/deal-wrap-telus-leads-climate-robotics-round-performant-acquires-squadup-78120067 content esgSubNav
In This List

Deal Wrap: TELUS leads Climate Robotics round; Performant acquires SquadUP

Blog

Banking Essentials Newsletter: September 18th Edition

Loan Platforms: Securing settlement instructions and prioritising the user experience

Blog

Navigating the New Canadian Derivatives Landscape: Key Changes and Compliance Steps for 2025

Podcast

MediaTalk | Season 2 | Ep. 29 - Streaming Services, Linear Networks Kick Off 2024/25 NFL Showdown


Deal Wrap: TELUS leads Climate Robotics round; Performant acquires SquadUP

Deal Wrap is updated as of 4 p.m. ET.

– New investor TELUS Pollinator Fund for Good led a $20 million round of venture funding for Climate Robotics, a company pursuing carbon sequestration approaches powered by artificial intelligence and robotics.

– Lower-middle-market private equity firm Performant Capital acquired event management software business SquadUP Inc.

– Majority investor Palladian Investment Partners LLP and minority investor Vecturis Equity GmbH joined with management of Intelli-Park Ltd. on the $145.8 million acquisition of the parking technology and management solutions business. Solano Partners was financial adviser to Intelli-Park.

– New investor Zhejiang Rongyi Investment Management Co. Ltd. led a $13.7 million round of Series B funding for process automation solution provider Zhuhai Cencorp Automation Technology (Zhuhai) Co. Ltd.

For further private equity deals, read our latest In Play report, which looks at potential private equity-backed M&A, including rumored transactions, each week.