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,…
Canadian Startup News
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…
Investors back ORO Health’s telemedicine vision with $3 million CAD seed round
Backed by the success of its virtual dermatology company, a Montreal startup is expanding its telemedicine offerings. ORO Health…
Portage Ventures secures additional $210 million USD for third FinTech fund
Power Corp has revealed that Power-backed Portage Ventures has secured more capital to execute its proven FinTech investment…
Magnet Forensics, Nuvei report revenue increases in second quarter 2021
Canadian technology companies Magnet Forensics Inc. and Nuvei Corporation both showed sharp increases in revenue as they released…
Dave Wessinger takes over as PointClickCare CEO as brother and co-founder Mike becomes executive chair
PointClickCare has shuffled its executive team, with founding CEO Mike Wessinger moving to the executive chair role as his…
Mero Technologies sweeps up $3.1 million CAD for its cleaning sensors
Mero Technologies is hoping to clean up – literally. The Toronto-based technology firm closed a $3.1 million CAD ($2.5…
New report shows drop in angel investment during COVID-19 pandemic
Amid the COVID-19 pandemic, Canadian angel organizations made more investments in 2020 but invested less capital overall than…
FreshBooks secures $163 million CAD and unicorn valuation to increase global reach
Accounting software leader FreshBooks has become the latest Canadian tech company to surpass a $1 billion valuation following…
Acquisition roundup: Converge, WeCommerce, Carebook, Deloitte Canada, Mednow
Five Canadian tech companies have recently made acquisitions, including Converge Technology Solutions, WeCommerce, Carebook,…
Lightspeed aims to raise $716 million USD through public offering
Lightspeed Commerce, formerly known as Lightspeed POS, has announced plans to sell 7.7 million subordinate voting shares at…
Four tech firms join new program addressing systemic barriers Indigenous people face
Four large technology firms have pledged to develop a strategic, action-based approach to identifying and addressing systemic…