WeCommerce closes $33.7 million bought deal financing to acquire more Shopify ecosystem companies
Victoria-based holding company WeCommerce has secured about $33.7 million in funding following the close of a previously announced…
Canadian Startup News
Relay Ventures bolsters investment team, while Antler expands to Canada
Two venture capital (VC) firms, Relay Ventures and Singapore-based Antler, have made recent moves in Canada to support the…
BBTV CEO Shahrzad Rafati on why ethical business decisions are good business decisions
Startup leaders are increasingly attuned to the impact their business has on the world. It’s no longer enough for many founders…
Clearco secures $268 million CAD in round led by SoftBank
Clearco has secured $268 million CAD ($215 million USD) in a new round of equity capital led by SoftBank Vision Fund 2. The…
Active Impact Investments closes second fund, securing $54 million
Vancouver’s Active Impact Investments has closed its second fund, securing an additional $13 million CAD to support early-stage…
Toronto venture funding in Q1 2021 nearly matched all dollars raised across 2020
Tech startups in the Greater Toronto Area (GTA) raised more than $1 billion in venture funding over the first quarter of this…
Esplanade HealthTech Ventures highlights Fund I portfolio growth as firm prepares to raise Fund II
Led by the founder of Medisys Health Group and co-founder of Persistence Capital Partners, Montréal-based Esplanade HealthTech…
Call centre software provider ReadyMode secures $4 million in venture debt
ReadyMode, which provides call centre software, has secured $4 million CAD in venture debt to scale its cloud-based platform…
VerticalScope increases IPO to nearly $144 million following exercise of over-allotment
VerticalScope, which went public on the Toronto Stock Exchange (TSX) a few weeks ago, has boosted the total size of its initial…
Waterloo Region sees worst quarter for VC investment in two years due to lack of late-stage deals
A lack of late-stage megadeals in the first quarter of 2021 caused venture funding of tech companies in the Waterloo Region…
EDC commits $200 million to new Inclusive Trade Investments Program
Export Development Canada (EDC) has committed $100 million CAD in fresh funding towards equity support for underrepresented…
Ritual acquires contact tracing platform AllChecked.in
Toronto-based food ordering and mobile pickup startup Ritual has acquired QR contact tracing company AllChecked.in. Ritual…
LifeSpeak goes public on TSX, closes $125 million public offering
Toronto-based employee wellness software company LifeSpeak began trading on the Toronto Stock Exchange Tuesday, after closing…
Non-committal on a banking license, Wealthsimple CEO Michael Katchen says company’s ambitions extend “beyond Canada”
At a recent panel for BetaKit Patreon supporters, Wealthsimple CEO and co-founder Michael Katchen revealed that despite recently…
Today in funding: FightCamp, Fobi, Caary, Plantiga, and more
Thirteen Canadian-founded tech companies have recently secured funding. Here’s the latest on who raised money, how much,…