Skip to content
The Vancouver startup co-founded by former defence minister Harjit Sajjan wouldn’t name its “new Canadian institutional, VC and individual investors,” but announced the funding round was oversubscribed. Meanwhile, Juno is pursuing a merger with Trail Blazer Capital, a capital-pool company listed on the TSX Venture Exchange. (The Logic)
Talking point: Capital-pool companies are small versions of special-purpose acquisition companies, which have no operations of their own but list on public exchanges and then go looking for private firms that want to be publicly traded. Trail Blazer, which formed in early 2021, had a previous deal with a company making textiles from recycled plastics, but it fell through last year. At the end of 2025, Trail Blazer reported shareholder equity of just over $1 million.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
Commentary
Carmichael: The age-old trade problem Carney’s trying to solve with food
Briefing
GFL stock jumps on report of takeover interest
McKinsey to challenge internal leaders on AI plans under new leadership structure
Lobby group can participate in crypto miners’ lawsuits against Hydro-Québec, judge rules
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
