Tech Company Financing Transactions

Canals Funding Round

Canals closed a $35 million financing round on 5/28/2026. Backers included Base10 Partners and private investors.

Transaction Overview

Company Name
Announced On
5/28/2026
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Undisclosed
Investors

Base10 Partners (Lead Investor)

Proceeds Purpose
The company intends to use the funds to accelerate product development, expand its automated end-to-end workflow capabilities, and design transactional tools for suppliers, distributors, and contractors.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
255 Giralda Avenue, 5th Floor
Coral Gables, FL 33134
USA
Phone
Undisclosed
Email Address
Overview
The industrial sector is the backbone of our economy, and we are committed to the people, processes, and partnerships that keep it going. We build reliable software--not hype or half-finished ideas--powered by AI that delivers real, measurable improvements for manufacturers, distributors, and contractors.
Profile
Canals LinkedIn Company Profile
Social Media
Canals Company Twitter Account
Company News
Canals News
Facebook
Canals on Facebook
YouTube
Canals on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Michael Delgado
  Michael Delgado LinkedIn Profile  Michael Delgado Twitter Account  Michael Delgado News  Michael Delgado on Facebook
Chief Technical Officer
Erez Arnon
  Erez Arnon LinkedIn Profile  Erez Arnon Twitter Account  Erez Arnon News  Erez Arnon on Facebook


 

 

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Prev: 5/28/2026: Byron venture capital transaction
Next: 5/28/2026: Focused Energy venture capital transaction

 

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About Our Venture Capital Transactions Database

We report on tech company VC transactions. VC investment data records on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


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