Relay Ventures raises $200 million third fund to continue focus on mobile tech companies
When Kevin Talbot co-founded Relay Ventures in 2008, he knew two things: that this up-and-coming “mobile thing” was going…
Funding
Today in funding ($69.1M): Big Viking Games, Turnstone Biologics, Decisive Farming
Canadian companies are reporting are announcing major rounds today. Here’s the latest on who raised how much, and from…
Recon co-founders close $14.1 million to target western Canada startups with Vancouver Founders Fund
Vancouver is increasingly being seen as a boom-town when it comes to tech startup innovation. That assessment goes down a few…
Flexiti Financial raises $5 million Series A to fuel mission of leading the POS financing space
With the presence of all of Canada’s major financial institutions and a supportive startup ecosystem — including incubators…
Waterloo-based Axonify raises $36 million to accelerate growth of employee knowledge platform
Waterloo-based Axonify, a corporate learning platform that allows businesses to deliver information to employees in a more…
Intellijoint Surgical announces $11 million Series A to continue US expansion
Waterloo-based Intellijoint Surgical, which develops 3D surgical navigation solutions for surgery, announced the close of an…
Startup Canada and Launch Academy develop program to help entrepreneurs get better at startup experiments
Today, Vancouver-based incubator Launch Academy announced a partnership with Startup Canada to help Canadian entrepreneurs…
Innovacorp receives $40 million from Nova Scotia government for early stage fund
The Nova Scotia government is dedicating a total of $40 million to Innovacorp’s Nova Scotia First Fund, its fund for…
With $2 million in funding, Litmus Automation says it was an IoT player before it was cool
From connected cars to connected thermostats, the IoT industry is getting a significant amount of attention thanks to large…
Ask an Investor: Should I celebrate my funding round?
Welcome to a new BetaKit weekly series designed to help startups and entrepreneurs. Each week, investors Roger Chabra and Katherine…
nanoPay raises $10 million Series A to expand the MintChip platform globally
Earlier this year, Toronto-based nanoPay announced that it was acquiring MintChip, a digital currency created by the Royal…
Kensington Capital Partners to manage $100M BC Tech Fund
In December, the British Columbia government announced that it was establishing a $100 million BC Tech Fund. The goal of the…
Ask an Investor: How can I hack the fundraising process?
Welcome to a new BetaKit weekly series designed to help startups and entrepreneurs. Each week, investors Roger Chabra and Katherine…
SimpTek Technologies raises $700,000 to help utility companies go greener
SimpTek Technologies, a Fredericton-based software company providing intelligent energy management solutions for homeowners…
Quark Venture and China-based GF Securities establish $656 million health science fund in Vancouver
Quark Venture, a Canadian venture capital company that finances biotech and health sciences companies, and GF Securities Company,…