LumiQ secures strategic investment from Vertu Capital

LumiQ, a Toronto-based podcasting platform tailored for professional development, has secured a strategic investment from Vertu Capital, a private equity firm specializing in technology companies. This strategic investment represents the fourth platform investment for Vertu Capital through its Vertu Partners Fund I.

The financial details of the investment have not been publicly disclosed. However, both parties have expressed optimism about the potential for growth and innovation resulting from this partnership.

Osler, Hoskin & Harcourt LLP advised LumiQ with a team consisting of David Jamieson, Sahil Chopra, Ferial Fekri, Nik Popovski, Emy Ezeani, Artem Chaykovskyy, Emma Runzer-Boucher (Emerging and High Growth Companies), Dov Begun, Jennifer Horton (Tax), Arsalan Ahmed and AJ Case (Technology).

Deal Type

Financing/Investment

Industry

Banking/Finance

Transaction

Undisclosed/Confidential

Deal Status

Closed

Closing Date

24 September 2024