On May 16, 2025, Bidaya Technologies, an Alberta-based company that has developed an AI platform designed to help businesses win government contracts more efficiently, successfully closed its pre-seed financing with Metiquity Ventures Fund I LP and LOI Venture Fund LP. The transaction included the conversion of Simple Agreements for Future Equity (SAFEs) between the Company and various SAFEholders into common shares on the same terms and conditions of the Financing.
Fasken advised Bidaya Technologies with a team that included Brad Schneider, Jason Giborski and Shahd Al-Orfali (Corporate/Commercial).
Jurisdiction
- Alberta
