Funding roundup: Blue J, Fable, Eavor, HaiLa, and more
Nine Canadian tech companies recently secured funding. Here are the details on who raised money, how much, from whom, and what…
Canadian Startup News
Federal Black Entrepreneur Ecosystem Fund kicks off, financing 30 Canadian businesses
In twin announcements on August 13 that were strong on commitments but short on details, the federal government announced several…
Green Shield Canada acquires digital mental health startup Tranquility Online
Health and dental benefits provider Green Shield Canada (GSC) is acquiring Halifax-based Tranquility Online to support the…
Telus, BlackBerry bank on Car IQ’s new connected car payment platform
An Oakland, California company’s vehicle-based payment platform is attracting attention from a couple of Canadian corporate…
Telesat secures $1.44 billion commitment from Government of Canada
Satellite communications company Telesat has secured a commitment of $1.44 billion from the Government of Canada, to help the…
Bessemer’s State of the Cloud report says MT SAAS is coming for FAANG
Facebook, Apple, Amazon, Netflix, and Google – collectively known as “FAANG” – are often described as the most…
Government of Canada establishes FedNor as standalone regional development agency
The federal government has named the Federal Economic Development Agency for Northern Ontario (FedNor) a “full-fledged”…
WELL Health revenue increased 484 percent in Q2 2021, bolstered by acquisition strategy
WELL Health Technologies is seeing its acquisition strategy pay off, as the digital health company reported a sizeable increase…
RainStick raises $1 million CAD to commercialize water conservation tech
Kelowna-based cleantech startup RainStick Shower has secured over $1 million CAD in seed financing to support the launch of…
Quantum Pigeon wants to change the social media game for content creators
Calling itself “the next wave of social media,” Vancouver startup Quantum Pigeon (QP) is hoping to revolutionize the creator…
Dialogue, Thinkific, Mogo post mixed results in Q2 2021
A number of Canadian tech startups have recently disclosed their second quarter 2021 financial results, including Dialogue,…
XpertSea secures $25 million CAD to expand sustainable aquaculture solution to new markets
Québec City-based startup XpertSea has raised a $25 million CAD ($20 million USD) Series B round to support the growth of…
Medimap raises $3.5 million to bring walk-in clinic wait time tech to more medical practices
Vancouver-based startup Medimap has secured $3.5 million CAD in seed financing to support the expansion of its medical clinic-focused…
Branch Energy closes $5.6 million CAD seed round to solve a Texas-sized carbon problem
Toronto-based Branch Energy has closed fresh funding to bring green energy and smarter energy use to deregulated markets across…
Fluid Biotech secures $5.8 million CAD to accelerate development of innovative brain aneurysm stent
Calgary-based medical device startup Fluid Biotech has raised $5.8 million CAD ($4.7 million USD) to help it accelerate the…