Ontario government commits $100 million to new tech fund of funds
The Government of Ontario is committing $100 million, $40 million of which is new, towards a new fund of funds focused on supporting…
Canadian Startup News
Nurosene goes public on Canadian Stock Exchange, securing $9.2 million
Just over a year after launching, Toronto-based healthtech company Nurosene has gone public on the Canadian Stock Exchange…
Pinterest looking for new Canada country manager
The Canadian division of image sharing and social media company Pinterest is currently searching for a new country manager…
GreenSky Capital secures $15 million in first close of Fund IV
Toronto-based venture firm GreenSky Capital recently announced the first close of its fourth fund, raising $15 million CAD…
New venture fund for Black tech entrepreneurs holds $6.4 million first close
A new venture fund launched to support Black tech entrepreneurs in Canada has completed a $6.4 million first close. The Black…
BDC Capital launches new $300 million Growth Venture Co-Investment Fund
BDC Capital has announced the launch of a new $300 million CAD growth-stage venture fund as part of the organization’s “expanded…
Version One Ventures raises $100 million USD for two new funds
Vancouver-based Version One Ventures has secured $100 million USD across two newly announced venture funds. The firm raised…
SSENSE claims $5 billion valuation following minority investment from Sequoia Capital
Montréal-based global fashion tech startup SSENSE is set to announce it has reached a valuation of $5 billion CAD following…
Diagram doubles size of Opportunity Fund with final $60 million close
Montréal-based venture builder and investor Diagram Ventures has secured an additional $60 million CAD in the final close…
MasterClass reveals first two Canadian hub hires, plans to add dozens more
San Francisco-based edtech startup MasterClass has announced the first two hires for its planned Kitchener-Waterloo hub, disclosing…
Raquel Urtasun launches new self-driving startup Waabi with $100 million CAD from top investors
Canadian artificial intelligence (AI) luminary Raquel Urtasun has moved on from Uber’s self-driving unit and launched her…
Lightspeed to acquire two e-commerce companies for $925 million USD
Montréal retail tech company Lightspeed has signed definitive agreements to acquire two California-based e-commerce firms…
Trulioo hits $2 billion CAD valuation following $476 million Series D led by TCV
Global identity verification startup Trulioo has secured $476 million CAD ($394 million USD) in a TCV-led Series D funding…
Poka secures $30 million CAD to scale factory worker training solution
Quebec City-based software startup Poka, which offers an edtech platform for factory workers, has secured around $30 million…
How Neo Financial plans to take on the Big Five banks from Calgary
Recently, BetaKit dropped a deep dive into the slow and troubled rollout of Open Banking in Canada. It caused… quite…