Appnovation raises $10.55 million in Series B Financing

September 28, 2020

On September 28, 2020, Appnovation announced the closing of a Series B financing, raising $10.55 million from its previous investors, the Canadian Business Growth Fund (“CBGF”) and Business Growth Fund (“BGF”), as well as new investor Export Development Canada (“EDC”) through its investment program.

Appnovation is a full-service digital consultancy with Canadian offices in Vancouver, Quebec and New Brunswick, as well as a total of 15 offices across the Americas, Europe and Asia-Pacific.

Miller Thomson advised Appnovation with a team led by Philipp Park and Aimee Halfyard (Corporate/M&A), and comprised of Carol Bai (Corporate/M&A).