Mogo secures credit facility of up to $200 million from Fortress
Vancouver-based Mogo Finance Technology announced today that it has finalized an agreement with Fortress Credit Co LLC. Fortress…
Funding
Toronto’s Spacefy the first early stage startup to use Waverley platform
Toronto-based Spacefy, a startup that calls itself the “AirBnB of creative spaces” allowing people to book unique…
McRock raises $65 million in new fund to invest in Industrial IoT
Toronto-based McRock Capital has announced the close of McRock iNFund LP, focused on the Industrial Internet of Things (IIot)…
Rho Canada Ventures leads AirVM’s $8 million Series A
Ottawa-based AirVM announced today the close of an $8 million Series A round, led by Rho Canada Ventures, with participation…
2015 Spark Cape Breton Innovation Challenge winners announced
Innovacorp announced the winners of the Spark Cape Breton Innovation Challenge this morning. Organized in partnership with…
Sharethebus raises $750,000 seed round from Maple Leaf Angels’ MLA48
Toronto-based Maple Leaf Angels announced last week that it has led a $750,000 seed funding round for Montreal’s Sharethebus.…
National ProStaff and Zambah receive funding from City Flow Project
City Flow Project announced funding for two Spark Innovation Centre clients this week. National ProStaff, a leading social…
PlentyofFish CEO Markus Frind leads Grouplend’s $10.2 million funding round
Vancouver-based Grouplend announced this week that it has closed a new $10.2 million funding round, led by PlentyofFish CEO,…
Kik becomes Canada’s latest unicorn with $50 million investment from maker of WeChat
Waterloo-based Kik has become the latest Canadian company to join the illustrious unicorn club (or narhwal!). On Tuesday, the…
OMERS Ventures raises $260 million CDN from Cisco and Bank of Montreal
The Wall Street Journal is reporting that OMERS Ventures has raised a whopping $260 million CDN, or $199 million USD, from…
Government of Canada giving $24.7 million for new University of Waterloo Science Complex
Earlier this month, the University of Waterloo announced that the Government of Canada would be contributing significant funding…
Vancouver’s PHEMI closes $12.2 million round to tackle public sector and finance
PHEMI, a Vancouver-based big data warehouse that allows organizations to access and mine any variety of data to drive insights,…
BDC Capital one of many investors in CENX’s $12.5 million Series D round
CENX, a U.S.-based company with key operations in Canada through its Ottawa office, announced today that it is finalizing a…
Toronto-based Digital Retail Apps snags $1 million in funding
Digital Retail Apps, a Toronto-based startup focused on mobile shopping and payments, announced that it has raised $1 million…
MaRS hosting new OCE assistive device pitch competition this weekend
The Ontario Centres of Excellence (OCE) is launching a new pitch competition to encourage the development of new assistive…