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
Coral Gables, FL 33134
USA
Phone
Undisclosed
Website
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.
Management Team
Browse more venture capital transactions:
Prev: 5/28/2026: Byron venture capital transaction
Next: 5/28/2026: Focused Energy venture capital transaction
Share this article
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.
Additional Resources for Entrepreneurs








