Canadian government has dedicated $3 million to fostering innovation in the auto industry
The Government of Canada has revealed that it’s invested $3 million in funding from the Government of Canada in four…
Funding
Thorasys raises $1.3 million to develop a new method of measuring lung function
Montreal-based Thorasys, which is developing products for the diagnosis of lung diseases, has raised $1.3 million in funding…
Canalyst raises $2.7 million seed round to fuel Canada and U.S. expansion
Vancouver-based Canalyst, an equity research platform that helps analysts and portfolio managers with research, announced $2.7…
Georgian Partners Growth Fund III doubles up previous fund with $485M CAD raise
Toronto-based Georgian Partners has raised $485 million CAD ($375 million USD) for its third growth equity fund, more than…
Genesys Capital closes $90 million of its $125 million target for third fund
Toronto-based Genesys Capital, which is focused on investing in seed healthcare startups, announced that it’s closed…
BDC releases fiscal 2016 results, reveals it made venture capital investments totalling $253.1 million CAD
The Business Development Bank of Canada revealed its fiscal 2016 results, boasting that it delivered its services to a “record…
Rose Rocket wants to modernize the trucking industry with its transportation management software
The trucking industry isn’t exactly regarded as one that’s eagerly embracing technology — all that many working in this…
Impression Ventures raises $20 million fund dedicated to early stage FinTech companies
Toronto-based Impression Ventures Fund II announced the close of $20 million for its fund, which will be dedicated to early…
With $500,000 in seed funding, Sky Guys hopes to dominate the enterprise drone market
Adam Sax has always had a close connection to tech entrepreneurship; when he was 13, he started a data centre in Toronto before…
ecobee raises $35 million from the Amazon Alexa Fund, Thomvest, and Relay Ventures
Toronto-based ecobee, which offers a smart thermostat, announced that it’s raised $35 million in its latest funding round.…
Shopify raises $246 million through sale of five million shares
According to a report from Ottawa Business Journal, Shopify will raise $246 million through the sale of five million shares.…
Startup Canada launches women founders fund with Evolocity Financial Group
In partnership with Montreal-based Evolocity Financial Group, Startup Canada announced the launch of Startup Canada Women Founders…
Vancouver-based Spark raises $1 million in funding
Vancouver-based Spark, which offers a CRM for builders, developers, and real estate sales people to sell new homes, announced…
PinPress wins $100,000 N100 Startup Competition
Waterloo-based PinPress has taken home the top prize at the N100 Startup Competition, a Northumberland-based competition that…
Kepler Communications raises $5 million seed round to develop in-space telecommunications network
Kepler Communications, which is building a network of low-cost satellites to improve communication infrastructure in space,…