Snapcommerce, Maple top 2021 Deloitte Technology Fast 50
Deloitte has announced the 2021 winners of its Technology Fast 50, a list that highlights Canadian tech companies’ innovation,…
Canadian Startup News
New York-based Bizzabo acquires Klik for $13.5 million to enhance live events
Bizzabo, a New York-based events technology company, has acquired Klik of Montréal, which operates in the same industry, for…
Manitoba grants Neo Financial $1.6 million to expand Winnipeg workforce
The government of Manitoba has given Neo Financial a $1.6 million grant through its Industry Expansion program to support the…
Tribe acqui-hires founders of pe•ple to revamp its online customer community platform
Tribe, the online customer community platform for SaaS businesses, announced the acqui-hire of two of the co-founders of pe•ple,…
Moment Energy secures $3.5 million to repurpose retired electric vehicle batteries
Port Coquitlam-based cleantech startup Moment Energy, which creates sustainable energy storage systems by repurposing retired…
Simplyk scores seed capital to take free nonprofit fundraising platform to the US
Simplyk is a startup on a mission to make fundraising easier and more accessible for nonprofits. The Montréal-based company…
Canadian SaaS funding in 2021 rebounds from 2020 low, fuelled by influx of US investors
Fuelled by pandemic-induced digital transformation efforts and rising support from United States (US) investors, Canadian software-as-a-service…
Sagard Holdings secures $200 million in first close of private equity fund
Sagard Private Equity Canada has secured the first close of its inaugural fund, securing total commitments of $200 million…
Faire banks $400 million USD Series G at $12.4 billion valuation
Kitchener-Waterloo and San Francisco-based startup Faire, which connects independent retailers to brands through its online…
Clutch gears up for expansion with $100 million CAD Series B round
Clutch, an online car retailing startup, got the green light for expansion with $100 million CAD Series B equity financing.…
ETS Strategic Capital takes majority stake in admissions assessment startup Kira Talent
ETS Strategic Capital has got talent – Kira Talent, that is: the New Jersey-based capital company has acquired a majority…
Emerge Commerce enters B2B space with purchase of WholesalePet.com for up to $31.2 million CAD
Following its purchase of BattlBox and Carnivore Club in August, Emerge Commerce has swung another sizable acquisition, this…
Billdr secures $4 million CAD to build up its home renovation marketplace
Montréal-based startup Billdr, which offers a market network for the home renovation industry, has scored nearly $4 million…
Canadian VC funding hits all-time high as seed investment continues to lag
For companies looking to raise capital in Canada, the market is a favourable one. The amount of venture capital (VC) being…
How startups can break their addiction to paid media
Startups are addicted to paid media. This addiction is amplified by venture capital funding, with nearly 50 percent of every…