Emmertech led the funding in the agtech company, with participation from the Business Development Bank of Canada, Export Development Canada and Urbana Corporation, among other backers. Silicon Valley Bank also provided debt financing. (The Logic)

Talking point: Vive plans to use the funding to expand into new North American markets. The Mississauga, Ont.-based company uses nano-polymer technology in its suite of crop-protection products, allowing growers to minimize chemical applications to their crops. In May, the federal cleantech agency Sustainable Development Technology Canada selected Vive as one of 10 “Sustainability Changemakers.”