Skip to main content
Trending storyContinuously updated

Solink raises over $100M USD led by Vertu Capital

2 reports2 report sources2 hours agoUpdate

Get up to speed on this story

AI Summary

Ottawa-based Solink, which uses AI to extract business data from security cameras, raised more than $100 million USD ($140 million CAD) in a strategic round led by Toronto private equity firm Vertu Capital. Goldman Sachs invested a material amount through Growth Equity at Goldman Sachs Alternatives, and Golub Growth and Comcast Ventures joined as new investors, according to Solink. More than 90% of the proceeds go to Solink's balance sheet, with the rest funding employee and investor stock sales. Solink did not disclose a valuation or detail the strategic opportunities it plans to fund with part of the round. Solink says surveillance data stays with the business owner and is not shared, even with police, without a warrant and the owner's consent.

AI-generated from reports · 54 minutes agoUpdate

Latest updatesOct 29 20:00
Solink raises over $100M to extract business data from security cameras with AI

Report timeline

Follow the reports to understand different sides of the story.

Oct 29
  1. SiliconANGLETop Deals
    Solink raises over $100M to extract business data from security cameras with AI

    Solink Corp. raised more than $100 million in new funding led by Vertu Capital, with a material investment from Goldman Sachs.

  2. BetaKitTop Deals
    Solink raises over $100M USD to bring AI vision intelligence to physical stores

    Ottawa-based Solink has raised more than $100 million USD ($140 million CAD) in a strategic round led by Vertu Capital.

Trend for this story

Not enough continuous observation data yet; trend chart is not drawn for now.

Subscribe to the newsletters

Free, by email. No account needed. Pick one or both.

No spam. Unsubscribe anytime by emailing team@midu.si. Want alerts and full data? Sign up free (separate from the newsletter). Privacy.

Not investment advice. Midu summarizes public reports and SEC filings for information only. · Free API · Pricing