A $2 million capital raise by Halifax’s Dear Life will go towards developing an online platform to automatically comb through users’ raw video clips and edit them into compilations, according to company President Harrison Smith.
The funding round was led by OMERS Ventures, the venture capital arm of pension fund behemoth OMERS, which manages money for just under 500,000 public sector workers in Ontario. Island Capital Partners, formed in 2017 by a group of PEI investors and which focuses on early-stage financing and mentorship for local startups, also bought in.
Entrevestor reported Monday