Tech Company Financing Transactions
Carbon6 Technologies Funding Round
Carbon6 Technologies, operating out of Toronto, Ontario, received $66 million in investment from MidCap Financial, White Star Capital and Benevolent Capital.
Transaction Overview
Company Name
Announced On
10/4/2022
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$66,000,000
Round
Series A
Investors
MidCap Financial (Lead Investor)
White Star Capital (Lead Investor)
Proceeds Purpose
The company intends to deploy the new funds into international expansion by opening offices in Europe and Asia. The founders also want to cater to marketplaces beyond Amazon and continue to grow the business through hiring and M&A. Cobb expects Carbon6 to have over 20 products under its umbrella by the first quarter of 2023.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
786 King Street West
Toronto, Ontario, M5V 1N6
CA
Toronto, Ontario, M5V 1N6
CA
Phone
Undisclosed
Website
Email Address
Overview
Carbon6 is building a community to support ecommerce sellers, removing the barriers to selling online. Developed by the brightest minds in the Amazon seller ecosystem, our software tools and resources help entrepreneurs succeed at every stage of their journey. We believe that technology can be a force for good and that ecommerce is the great equalizer. Our vision is to transform opportunity into freedom through a connected ecosystem of tools and expertise designed by and for marketplace entrepreneurs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Justin Cobb
Chief Technical Officer
Brett McLaughlin
Co-Founder
Kazi Ahmed
Co-Founder
Naseem Saloojee
Browse more venture capital transactions:
Prev: 10/4/2022: Humaans venture capital transaction
Next: 10/4/2022: Innovapptive venture capital transaction
Share this article
Where The Data Comes From
We record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs