Life House closes $77 million CAD round co-led by Inovia, Kayak to help hotels boost profitability
After establishing itself as a full-service operator in the hotel space, Life House has secured $77 million CAD ($60 million…
Canadian Startup News
Pow! Bam! Biff! Special effects studio Monsters Aliens Robots Zombies raises $6.5 million
Monsters Aliens Robots Zombies might sound like your worst nightmare, but it’s actually the name of a technology and visual…
Staffbase acquires Valo Solutions to extend communications solution to Microsoft 365
Corporate communications company Staffbase has acquired Finland-based Valo Solutions for an undisclosed amount. Founded in…
Coveo closes over-allotment option, raises additional $32 million as part of IPO
Québec City-based Coveo has closed its over-allotment option, pulling in another $32 million from its Toronto Stock Exchange…
South Korea AutoTech startup AutoCrypt to open Canadian office in Whitby
South Korea-based AutoTech company Autocrypt has announced Whitby as the home for its new Canadian office, moving it into the…
mCloud raises $12.1 million CAD in Nasdaq uplisting
mCloud Technologies Corp. has raised $12.1 million CAD ($9.5 million USD) from its public offering on Nasdaq, selling 2.1 million…
San Francisco’s Maple VC closes $16.5 million for second fund focused on Canadian founders
San Francisco-based seed-stage investment firm Maple VC has secured $16.5 million USD for Fund II to support its plans to back…
Alida secures additional $3 million from BMO Capital to accelerate growth strategy
Customer experience management company Alida secured an additional $3 million for its Series D round from BMO Capital, bringing…
Klue scores $79 million CAD from Tiger Global, Salesforce Ventures
Vancouver-based software company Klue has secured $79.2 million CAD ($62 million USD) in Series B financing to fuel the expansion…
The untold story of Recon Instruments’ impact on the Vancouver tech scene
In Vancouver, the past year has seen the acceleration of a rapidly maturing tech industry. Since last December, the upstart…
General Fusion powers up with $166 million CAD round for its energy technology
In its quest to develop commercial fusion power, General Fusion just reached another milestone with what it is describing as…
Shopify merchants generate record $6.3 billion USD in sales during Black Friday, Cyber Monday
During 2021’s Black Friday and Cyber Monday weekend, Shopify merchants collectively generated $6.3 billion USD in sales worldwide,…
Spring Activator, Telus Pollinator fund partner for investor challenge
Spring Activator has partnered with the Telus Pollinator Fund for Good for its 2022 Investor Challenge. This iteration of the…
UK FinTech Wise rolls out payments card to Canadian users
In an effort to meet demand from its Canadian users, Wise has officially launched its Wise card in Canada to enable customers…
Prairie startups secure investment at Startup TNT summit showcase
Companies from across Calgary, Edmonton and Saskatchewan participated in Startup TNT’s Investment Summit IV, with many of…