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Alec McIlwraith-Black Toronto Lawyer

Alec McIlwraith-Black

Associate Fasken
A diligent approach to understanding capitalization throughout a company’s life cycle – from incorporation to fundraising to exit strategy – is critical to anticipate challenges, avoid surprises, and maximize results in financing and growth opportunities.
Jurisdiction Ontario, 2021
Language(s) English
Office(s) Toronto
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Overview

Alec McIlwraith-Black is an associate in Fasken’s Emerging Technology group. He carries on a broad corporate/commercial and technology law practice, advising early- and growth-stage technology and knowledge industry companies on matters relating to formation, corporate governance, financing, commercial contracting, and exit opportunities. Alec also regularly acts for venture capital firms and strategic angel investors on a variety of mandates relating to emerging technology companies.

Alec works extensively with start-up and emerging technology companies at all stages of their life cycles, providing advice on a broad range of corporate and commercial matters, as well as on questions relating to cloud computing, privacy and data protection. Alec regularly advises start-up clients on debt and equity financing as well as capitalization and investment matters. He also regularly works with venture capital and private equity, strategic, and angel investors.

Alec holds a J.D. from the University of Alberta Faculty of Law, where he graduated on the Dean’s List and earned the Bishop Mackenzie Prize in Corporations Law. He founded and co-led the Legal Innovation Conference at the faculty, participated in the 2019 Davies Corporate Securities Moot, and was a member of the winning team of the 2020 Gale Cup Moot. Alec was also an editor for the Alberta Law Review.

In his free time,  Alec enjoys golfing, watching Formula 1, reading fantasy and science fiction novels, and attending all kinds of live music, from classical to heavy metal.

Alec summered and articled with the Firm’s Toronto office, and was also seconded to the Firm’s Vancouver office in the summer of 2019.

Client Work

  • Class8 (formerly FleetOps) closes C$30.8 million Series A funding round led by Xplorer Capital, [Deal - Class8 (formerly FleetOps)], Canadian AI-driven freight solution raises Series A funding.
  • Ecomtent Inc., an artificial intelligence and e-commerce startup raises C$1.15 million in pre-seed financing round, [Deal - Ecomtent Inc.], Canadian startup raises C$1.15 million in pre-seed financing round.
  • Humi announces acquisition by fellow HR software company Employment Hero in a deal estimated at over C$100 million, [Deal - Humi Holdings Corp.], Canada’s leading all-in-one employment platform for Canadian businesses, Humi, acquired by Australian HR software company.
  • Ulula Canada Inc., a leading human rights technology and analytics company, completes successful sale transaction, [Deal - Ulula Canada Inc], Canadian human rights technology company completes sale transaction.
  • Chexy Inc. secures C$4.1 million in seed funding round led by UK-based venture capital firm Venrex, [Deal - Chexy Inc.], Startup offering a rewards platform for renters raises capital in seed finding round.
  • Acorn Biolabs Inc. closes US$8 million Series A funding round led by Merz Aesthetics, [Deal - Acorn Biolabs Inc.], Canada-based personalized regenerative medicine company receives funding from leading dedicated medical aesthetics business.
  • Brightspark Ventures leads C$2 million funding round for Potential Motors, [Deal - Brightspark Ventures], Venture capital investor leads funding round for New Brunswick-based AutoTech startup.
  • Flying Fish leads US$5.75 million seed funding round for TrojAI Inc., [Deal - Flying Fish], Artificial intelligence-focused technology company secures funding to support product development, sales, and marketing efforts.
  • Parallel Studios raises US$35 million in financing from investors including Coinbase Ventures and the Solana Foundation, [Deal - Parallel Studios], Developer of blockchain-enabled video games secures significant bridge financing including high-profile web3 industry participants.

Career & Education

Education

  • JD University of Alberta
  • B Comm University of Alberta

Community involvement

  • Member Open Cap Table Coalition 2021 to present

Memberships & Affiliations

  • Member Ontario Bar Association 2021 to present
  • Member Canadian Bar Association 2021 to present

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