CIBC Innovation

We are pleased to announce a corporate debt financing package to Beamery, a leading #AI-powered platform for talent management. Beamery will use the funding to support its growth plans as it moves towards profitability. Sean Duffy, Managing Director at CIBC Innovation Banking said: ”Beamery has a compelling combination of cutting-edge technology and a solution that solves a widespread and increasingly pressing problem, and this is reflected in their impressive growth. With its track record and a talented team of its own, we are delighted to support Beamery as it helps solve the world’s talent challenge.“ Read more: https://lnkd.in/giBrWm9F

Germany is rapidly becoming a SaaS hub. With SaaS unicorns like Celonis and Personio, it's Europe's second-largest software market. It is responsible for 20% of all SaaS sales in Europe, a figure that is only expected to grow.   Sean Duffy, Managing Director of CIBC Innovation Banking UK & Europe, writes for Startups Magazine about what’s making Germany the go-to spot for SaaS innovation.   Read the article here: https://bit.ly/4ho7hFJ    #SaaS #Tech #Germany #InnovationBanking  

It was a pleasure co-hosting Canadian CISOs, CIOs, and IT infrastructure executives at our reception this week during the #BlackHat #SecTor conference in Toronto alongside Sixty Degree Capital and Costanoa Ventures. Thank you to all those who attended and shared insights and expertise in the #Cybersecurity, #AI, and #SoftwareInfrastructure space. Yatong Li Jim Wilson Amy Olah Joshua Olawale, CFA

The CIBC Innovation Banking and Wealth Management teams were proud to participate at the Ronald McDonald House Charities at Dell Children's Foundation for their annual Purpose Day this week. It was a great day of cooking and serving to support families in need. Thank you for having us!   Mark Frazier, CFA John Turner Luke Peña, LaVern Peña Amie Hershberger Rob Johnson Amy Olah Paul McKinlay, CFA, CAIA Mark Usher Patrick CA, CPA, CFA

🚀 Exciting News! We are thrilled to announce that Vortexa has secured a $25m Strategic Debt Financing with CIBC Innovation Banking, following a successful $34m Series C funding round led by Morgan Stanley. This financing will enable Vortexa to drive further innovation, continue to enhance our cutting-edge analytics, and increase efficiency for global energy markets through pioneering technology and actionable intelligence. Vortexa’s customers—spanning energy traders, analysts, and freight professionals—can expect even faster innovation and international expansion ahead. A huge shoutout to our existing investors - Morgan Stanley, Notion Capital, monashees, Metaplanet, FJ Labs, and Communitas Capital. Cheers to the next chapter of Vortexa's journey! 🎉 Thank you for being part of our incredible community and stay tuned for more updates as we continue to shape the future of energy and freight markets together. Read the press release here: https://bit.ly/4eSCI9F #Vortexa #EnergyInnovations #CIBC #Investment #Energy #Freight #EnergyAnalytics

We are happy to announce credit facilities to support Vertu Capital’s strategic investment in Toronto-based LumiQ, a leading technology-enabled education platform offering accredited professional development courses and content to accounting and finance professionals. “We are thrilled to work with Vertu and the LumiQ team as they continue to build and expand upon their market-leading position," said Oleg Dudchenko, Executive Director, CIBC Innovation Banking. “LumiQ is well positioned to continue its growth in an exciting and dynamic space, providing quality content for its customers through its proprietary platform.” Read more: https://lnkd.in/d8iN67hr

Check out how CIBC Innovation Banking is playing a role in accelerating Dynatron Software, Inc.'s growth! Andrew Kirk #CIBCInnovation

Anyone who works in restaurants knows that one of the biggest daily battles isn’t the food or even the customers — it’s managing their team. That’s why I’m so thrilled to announce we’ve expanded our partnership with 7shifts, a leader in restaurant team management! This isn’t just about saving hours in scheduling. With our new integration, Lightspeed Restaurant customers can now import sales, labor, and employee data seamlessly with 7shifts — which saves time and reduces manual tasks and errors. In addition, restaurants in the US can now take advantage of 7shifts’ powerful payroll features including payroll administration, tip integration, benefit management, and more. 62% of restaurateurs struggle with managing their workforce effectively, according to our 2024 State of Hospitality Report. At Lightspeed Commerce, we're always looking for ways to make life easier for restaurant owners. This partnership is all about giving restaurants the tools they need to focus on providing quality customer experiences while ensuring profitability. I’m excited about what this means for restaurants, particularly SMBs impacted by recent economic challenges. Thank you to Jordan Boesch and the team at 7shifts, as well as everyone at Lightspeed, for bringing even more value to this partnership! Read more: https://lnkd.in/gjRSciwG

David Gillespie, Executive Vice-President, Infrastructure, Architecture and Modernization at CIBC, is featured on the latest Shift AI Podcast, delving into how AI is creating opportunities in the banking industry. David shares insights into AI-driven innovations, highlighting the importance of AI education among business leaders and how CIBC is fostering an AI-forward mentality among its executives. The episode also touches on the future prospects of AI in banking – check it out! https://lnkd.in/e9ZQRQHn Augmented AI Boaz Ashkenazy

CIBC Innovation Banking enjoyed hosting "Transformer’s Mixer - Future of AI Infrastructure" alongside Amazon Web Services (AWS), Brix and Fusion Fund on Monday night to kick off #SFTechWeek. We gathered over 150 attendees, drank sangria, and had some laughs. Plus, we brought together a great group of founders, investors, and researchers to explore the evolving landscape of AI infrastructure. The evening featured a panel discussion with leading AI entrepreneurs and investors from Fusion Fund's team and portfolio: - Amr Awadallah CEO and Co-Founder of Vectara - Yangqing Jia, PhD, CEO and Co-Founder of Lepton AI - Trevor Mottl, Investment Partner at Fusion Fund Thank you to our co-hosts and panelists, and to everyone who joined us to make this event a success. Lily Yuen Xu, Aaron Melgar, Carol X., Samuel George Hafer. #SFTechWeek #Innovation #VentureCapital #AI #Startups