Following string of exits, Rhino Ventures expands focus across Canada for third fund
With six exits under its belt, including Thinkific’s $184 million initial public offering, Rhino Ventures is looking to take…
New report shows Montréal relies too much on the megadeal to compete with other Canadian tech hubs
Another megadeal gave Montréal’s tech ecosystem a solid start to 2021, but without it, venture funding would have sunk far…
BC venture funding matches Toronto with over $1 billion raised in Q1 2021
With over $1 billion invested into British Columbia’s tech startups in the first quarter of this year, venture funding in…
How Loopio went from bootstrapped startup to RFP leader
In April, Toronto-based B2B software startup Loopio closed a $252 million CAD strategic investment, its second external fundraise…
Toronto venture funding in Q1 2021 nearly matched all dollars raised across 2020
Tech startups in the Greater Toronto Area (GTA) raised more than $1 billion in venture funding over the first quarter of this…
Waterloo Region sees worst quarter for VC investment in two years due to lack of late-stage deals
A lack of late-stage megadeals in the first quarter of 2021 caused venture funding of tech companies in the Waterloo Region…
Calgary venture funding sets two-year record thanks to late-stage investments
Nine late-stage venture deals in Calgary’s tech ecosystem helped the region see its best quarter in terms of deals and dollars…
Canada maintains fourth place in StartupBlink’s global ecosystem rankings
Canada has maintained its fourth position in StartupBlink’s 2021 global ecosystem rankings, but the gap between Canada and…
Lightspeed filings signalling potential name change show company thinking beyond POS
Montréal-based Lightspeed is set to vote on a motion that would see the company change its name from Lightspeed POS to Lightspeed…
Paper closes $123 million CAD to provide more equitable education support through tech
Montréal-based EdTech startup Paper has closed $123 million CAD ($100 million USD) in Series C financing, as the company looks…
Shopify announces changes to its revenue share model for developers at Shopify Unite 2021
At Shopify Unite 2021, the e-commerce company unveiled a host of new platform investments, including changes to how it does…
Tribe Technologies announces November seed funding as company looks to scale online community platform
Toronto-based Tribe Technologies has announced a $7.5 million USD seed financing round, closed in November, as the startup…
Intuit, Highline Beta launch new Prosperity accelerator for AI startups
Intuit and Highline Beta have partnered to launch another accelerator program, this time for startups specifically using artificial…
Clearco, Caravan launch $50 million USD fund for celebrity-backed companies
Toronto-based Clearco has launched a $50 million USD fund in partnership with Caravan to provide non-dilutive capital to businesses…
Today in acquisitions: Converge Technology Solutions, LEAF Mobile, Syntax, and more
Over the past week, a number of Canadian tech companies have been involved in acquisitions, including OSF Digital, Syntax,…