Jeneration Capital led the round, while Canadian investors BDC Capital, BMO Capital Partners, Golden Ventures, Kensington Capital Partners and Nicola Wealth also participated. The funding was all equity and primary capital going to the company itself, Avidbots director of marketing Skylar Lawrence-LeBel told The Logic. (The Logic)

Talking point: Avidbots plans to add 100 engineering, marketing, product and sales staff over the next year to its current workforce of more than 300. The floor-cleaning-machine maker is looking to expand into new markets and sell more in the U.S.; new investor Jeneration is based in Hong Kong, and almost exclusively invests in Asia. Companies in the autonomous machines space have raised US$9.66 billion in 215 deals in 2022, per PitchBook data. Canada has a growing robotics industry clustered around southwestern Ontario and Quebec, with firms that announced later-stage rounds during the pandemic including Kitchener’s Otto Motors, Vention of Montreal, and Boisbriand, Que.-based Kinova.