Today in acquisitions: Quantum Benchmark, SportSavvy, TechX Technologies, Ackroo
Over the past week, four Canadian tech companies have been involved in acquisition deals, including Quantum Benchmark, TechX…
Canadian Startup News
VerticalScope files to list on the Toronto Stock Exchange
VerticalScope, a Toronto-based digital platform for online enthusiasts, has filed to list on the Toronto Stock Exchange (TSX),…
BBTV announces $65 million convertible debenture, refinancing deals as it looks to increase M&A activity
BBTV Holdings, the holding company behind Vancouver-based media and tech company BroadbandTV, has entered into convertible…
Ontario government invests $5.25 million to help innovative health companies scale
The Ontario government is investing $5.25 million in a new project aimed to train and mentor health sciences companies in securing…
eSSENTIAL Accessibility secures $67 million CAD to meet increasing demand for accessible online content
Toronto-based software company eSSENTIAL Accessibility (eA) has secured a nearly $67 million CAD ($55 million USD) investment…
Felix Health launches mental health service to meet rising demand during COVID-19
Toronto-based healthtech startup Felix Health has announced the launch of a new virtual mental health service, as it looks…
Launch Academy downsizes physical space as the Vancouver incubator goes virtual
As Launch Academy modernizes its incubator program to fit a post-pandemic world, Vancouver is losing one of its longstanding…
PartnerStack aims to capitalize on channel sales demand with $35 million CAD Series B round
Toronto-based startup PartnerStack has secured approximately $35 million CAD ($29 million USD) in Series B financing as it…
Crypto startup Ledn secures $36 million CAD from group including Reddit co-founder, hedge fund billionaire
Toronto-based Ledn, which offers financial services to cryptocurrency holders, has raised $36.1 million CAD ($30 million USD)…
Toronto-based Q4 files to go public on TSX
Toronto-based investor relations (IR) software company Q4 has filed a preliminary prospectus as the firm looks to go public…
Five Atlantic Canada startups secure investment at Volta pitch competition
Five early-stage Atlantic Canadian tech startups have been selected to receive $25,000 each, as part of Volta’s latest pitch…
Novisto raises $9.6 million CAD Series A round to innovate ESG for enterprises
Montréal-based environmental, social, and governance (ESG) software startup Novisto has closed a $9.6 million CAD ($8 million…
7shifts secures $21.5 million Series B round to scale restaurant staff management platform
Saskatoon-based retail software startup 7shifts has raised $21.5 million USD ($25.9 million CAD) in Series B financing as the…
Xanadu secures $120 million CAD led by Bessemer to build photonic quantum computer
Toronto quantum computing startup Xanadu has secured $120 million CAD ($100 million USD) in a Series B round led by Bessemer…
Q1 2021 highest on record for Canadian venture capital with $2.7 billion invested
The first quarter of 2021 was a history-making one for Canadian venture capital with the highest-ever recorded amount invested…