Naver merges Wattpad, Webtoon studio divisions, invests $100 million USD
Following its acquisition of Wattpad earlier this year, South Korea’s Naver has merged Wattpad Studios and its own Webtoon…
Canadian Startup News
Rebelstork raises $5 million Series A round to bring baby gear resale platform to new markets
Toronto-based e-commerce startup Rebelstork has secured $5 million CAD in Series A financing to take its used baby products…
Semantic Health comes out of stealth to help hospitals use coded data
As the healthcare industry looks for more technology solutions in a post-COVID world, a Toronto-based startup has come out…
Montréal’s Aifred Health wins second place at IBM AI XPRIZE competition
Montréal-based healthtech and artificial intelligence (AI) startup Aifred Health today won second place at the final round…
Bill C-10 aimed at regulating streaming services in Canada passes in House of Commons
The federal government has passed Bill C-10, which posits new rules for streaming services such as Netflix, Spotify, and YouTube,…
Google opens applications for Black, women founders accelerators
Canadian startups can now apply to Google’s startup accelerator programs for Black and women founders. Applications for Google’s…
AlayaCare raises $225 million CAD Series D round
Montréal-based healthtech startup AlayaCare has secured $225 million CAD in Series D funding to build on its recent growth,…
Golden Ventures looks to capitalize on portfolio winners with two new funds
Golden Ventures has closed two funds worth a combined $147 million CAD ($120 million USD) to expand beyond early-stage investing…
Vetsie closes $285,000 as it looks to launch virtual vet care platform nationally
Calgary-based Vetsie has closed a $285,000 pre-seed round of funding as the startup gears up for the public launch of its communications…
Joyride secures $4.6 million CAD to help launch bike and scooter-sharing businesses
Toronto-based micro-mobility software startup Joyride has raised about $4.6 million CAD ($3.7 million USD) in funding to build…
Wealthsimple launches 14 new coins on its crypto trading platform
Toronto-based FinTech firm Wealthsimple has launched 14 new tokens and cryptocurrencies that are now available to buy and sell…
Today in funding: Trait Biosciences, ClearEstate
Two Canadian tech startups have recently secured fresh funding to fuel their growth. Here’s the latest on who raised money,…
ResQ announces December $9.75 million CAD fundraise to help restaurants meet “pent-up demand” during COVID reopening
Armed with about $9.75 million CAD ($7.5 million USD) in previously unannounced seed funding, Toronto-based restaurant software…
Tech4SickKids raises corporate donations from Canadian tech to reach $25 million goal
Tech4SickKids, a grassroots campaign to raise $25 million for Toronto’s Hospital for Sick Children (SickKids), has launched…
New Portage FinTech SPAC files for $200 million Nasdaq public offering
Sagard Holdings, the alternative investment arm of Power Corporation and manager of Portage Ventures, is launching a blank…