Healthtech-focused iGan Partners adds $50 million to Fund I
Toronto-based venture capital and private equity firm iGan Partners announced on Thursday, the second close of its Fund I, securing an additional $50 million…
Four Waterloo projects receiving $41 million for quantum, AI, machine learning
Minister of Innovation, Science and Economic Development (ISED), Navdeep Bains, today announced a $41 million CAD investment in four Waterloo organizations working on developing…
Toronto FinTech, Lendified, raises $15 million CAD Series A
Lendified, a Toronto-based FinTech, announced today that it has closed a $15 million CAD Series A funding round, in order to continue its growth…
MaRS, Communitech, Invest Ottawa receiving $52.4 million for “first-of-its-kind” Scale-Up program
Prime Minister Justin Trudeau announced today that the federal government is investing $52.4 million in a Scale-Up Platform, which will see Communitech, MaRS Discovery…
Danielle Graham joins Dream Maker Ventures as firm targets $75 million Diversity Fund
Danielle Graham, founder of Communitech’s Fierce Founders program, has joined Dream Maker Ventures as a principal to help the VC firm raise a $75…
OSMO, L’Oréal Canada launch open innovation program in Montreal
Non-profit OSMO and L’Oréal Canada announced, on Thursday, the launch of an open innovation program focused on growing the Montreal startup ecosystem. “New technologies…open…
Whitby opens accelerator, hoping to scale local tech companies
Whitby, Ontario’s newest innovation accelerator, 1855 Whitby, looking to help local tech companies commercialize, has officially opened in its downtown core. The space is…
Fanxchange acquired by US ticket marketplace, Vivid Seats, for $80 million CAD
Toronto-based online ticketing marketplace, Fanxchange has been acquired by leading US online ticket marketplace, Vivid Seats, for up to $80 million CAD ($60 million…
Synapse raises $3.3 million CAD seed funding for corporate e-learning software
Toronto-based Synapse, which provides e-learning software for company training programs, recently announced the close of a $3.3 million CAD seed funding round. “Synapse’s solution…
Koho launches new feature helping uncover hidden bank fees
FinTech startup Koho recently launched a new feature and website to help Canadians find hidden bank fees. The initiative, entitled What The Fee, allows…
Bunz giving users digital currency for viewing advertisements, sharing data
Money-free trading community Bunz recently announced a new in-app advertising initiative, looking to reward users for viewing advertisements and sharing data. BTZ in its…
HiMama raises $7.25 million CAD Series A to expand child care software
Toronto-based HiMama announced today that it has raised a $7.5 million Series A funding round, as it looks to expand its child care software…
Precision OS brings virtual reality to surgical residents
Orthopaedic VR software company, Precision OS, is currently working with 10 medical institutions across North America, bringing its technology to classrooms. Surgeon trainees (or…