Today in funding: Eavor Technologies, Foko Retail, Motion Gestures, Arolytics, Mogile Technologies
Five Canadian tech startups, Eavor Technologies, Foko Retail, Motion Gestures, Arolytics, and Mogile Technologies, have recently…
Canadian Startup News
Scale AI, Oceans Supercluster, NGen commit collective $17 million to new projects
Three of Canada’s Superclusters have recently committed new funding for projects and initiatives aimed to bolster Canada’s…
Aifred Health among top three finalists in IBM Watson AI XPRIZE competition
Aifred Health, a Montréal-based startup that offers clinical solutions for mental health treatments using artificial intelligence…
Benevity receives investment from leading impact and sustainability funds as part of Hg deal
Calgary-based corporate social responsibility platform Benevity has received new investments from The Rise Fund and Generation…
Sagard closes $725 million for biopharmaceutical royalty investment fund
Sagard Holdings, the alternative asset manager arm of Power Corporation, has announced the final close of Sagard Healthcare…
RocketRez raises $8.4 million Series A round as it looks to help tourism businesses amid pandemic
Steinbach, Manitoba-based SaaS startup RocketRez has raised an $8.4 million CAD Series A round of funding, bringing the startups’…
Proof that entrepreneurs really do think different
This is your brain. This is your brain on entrepreneurship. Any questions? “There’s this risk of being consumed…
NGen commits funding to new $72 million production facility that involves Canadian tech startups
Next Generation Manufacturing Canada (NGen), Canada’s Advanced Manufacturing Supercluster, has committed to invest $16.8…
General Assembly Pizza closes $13 million to scale pizza subscriptions across Canada
Toronto’s General Assembly Pizza (GA Pizza), which touts itself as “the world’s first pizza subscription,” has closed…
Following acquisition by Telus, EQ Care launches new virtual health platform for workplaces
Montréal-based virtual care company EQ Care has launched a new virtual health and wellness platform for workplaces, aimed…
Boreal Ventures launches $26 million fund investing in Québec’s early-stage deep tech startups
In partnership with Centech, Boreal Ventures has launched as a new venture capital fund that aims to invest in Québec tech…
Boast.ai secures $100 million credit facility to build Clearbanc for R&D tax credits
Boast.ai has secured a $100 million credit facility to provide companies with up-front loans for their government research…
Private equity firm Novacap raises largest ever fund at $1.865 billion USD
Leading Canadian private equity firm Novacap has closed its latest fund with $1.865 billion USD ($2.37 billion CAD). This marks…
Shopify hits record revenue, profits amid massive year of growth
Shopify’s fourth-quarter and full-year financial results for 2020 list record revenues and profits for the e-commerce retailer,…
Labour demand among Canadian startups shows signs of recovery in Q4: report
In the fourth quarter of 2020, labour demand among Canadian startups nearly reached pre-pandemic levels, suggesting the market…