Québec’s early-stage ecosystem eyes American investment amid fundraising woes
“Living dead” companies last too long in the Canadian ecosystem, said CDPQ’s Tom Birch.
Canadian Startup News
Free Agent is building a LinkedIn-style career marketplace for athletes
Startup founded by Team Canada’s Kirsten Toth wants to support athletes in their post-sport careers.
Family office software MyFO secures $3.5 million USD seed round led by Rhino Ventures
Capital will be used to scale operations, improve product offerings, and expand its team.
PacifiCan and PrairiesCan commit $17.7 million to companies in Western Canada
BC and Alberta companies to receive funding include WaitWell, Avanti, and Ideon Technologies.
Champagne, Conservatives point fingers as Canadian cleantech startups suffer continued SDTC funding delays
Startups face layoffs and cancelled contracts to cover SDTC financing shortfalls, BetaKit has learned.
Inside FreshBooks’ struggle to reach profitability
FreshBooks is on a multi-year rollercoaster ride of executive turnover, staff reductions, and office shutdowns.
New funding for Kepler and Wyvern headline busy month in Canadian space tech
Wyvern and Kepler secure funding, Mission Control inks big partnership, and Volta Space preps for launch.
Round13 Capital to acquire startup lending platform TIMIA Group for $6.5 million
Round13 managing partner says the deal equips VC firm with an expanded arsenal of financing options.
Hong Kong billionaire ups stake in Well Health Technologies with $81-million CAD private share purchase
After buying 18 million shares, Solina Chau now holds a 14 percent stake in Well.
NCC commits $22.8 million to 37 cybersecurity projects
Projects funded by National Cybersecurity Consortium to focus on commercialization, development, and training.
Bitcoin infrastructure unicorn Blockstream raises $289 million CAD to boost mining operations
Repeat investor Fulgur Ventures led the financing round, bringing the Bitcoin giant’s total funding to over $822 million…
Fable raises $25-million USD Series B round from Five Elms Capital to tackle accessibility in AI
Disruption Ventures gives up board seat to Five Elms after exiting its Fable position.
Ontario launches second phase of life sciences strategy to bolster research and funding
$146 million commitment to support new Life Sciences Scale-Up Fund, wet labs programs, and procurement.
Information VP forgoes fourth fund in favour of SPV-style investing
GPs attribute change to VC market conditions and personal factors.
Montréal-based Trustii raises $2.8 million CAD to boost employee risk management software
An all-Québec contingent of AQC Capital, Accelia Capital, and Boréal Ventures backed the seed round.