Information Venture Partners closes third fund, raising $124 million CAD
Toronto-based venture capital firm Information Venture Partners (Information VP) has closed its third venture fund, securing…
Canadian Startup News
FinTech startups frustrated with glacial pace of Canada’s open banking consultations
Sue Britton was feeling “super optimistic” when the Advisory Committee on Open Banking sent out a package for phase-two…
BDC Capital launches $200 million fund to bolster Canada’s deep tech ecosystem
BDC Capital has announced the creation of a new $200 million CAD fund designed to invest in and support early-stage Canadian…
New council launches to advance Canada’s semiconductor industry
A group of Canadian tech sector stakeholders have launched a national Semiconductor Council, mandated to make Canada a global…
Newly launched Carrot Ventures closes $15 million fund to help seed Canadian AgTech startups
Carrot Ventures, a Calgary-based company creation firm launched by venture capital company AVAC, has closed $15 million for…
Prairie AgTech startup Precision AI raises $20 million
Regina-based AgTech startup Precision AI, which aims to support sustainable farming practices with computer vision technology,…
How startups can manage their cash flow
Over one-third (32 percent) of Canadian small business owners rated cash flow as their top source of stress and anxiety, according…
Toronto became a healthtech hotbed in 2020
Healthtech has emerged as a leading vertical for venture capital investment in the Greater Toronto Area (GTA) as COVID-19 pushed…
Thentia secures $10 million in Series B financing to ramp up US operations
Toronto-based government software startup Thentia has closed a $10 million CAD Series B round led by New York growth equity…
David Dufresne to depart Panache Ventures
David Dufresne has decided to step away from Montréal-based Panache Ventures, the early-stage venture firm he helped launch.…
How COVID-19 changed Canada’s biotech sector
Canada’s biotech sector has been exploding, with good reason given the events of the last year. “Innovation and…
Willful signs partnership with insurance giant Allstate following launch in Québec
Toronto-based Willful, which offers online will and estate planning, has launched a new national partnership with Allstate…
Fluence Technologies raises $12.5 million CAD, swaps CEOs to fuel next phase of growth
Toronto FinTech software startup Fluence Technologies has closed a $12.5 million CAD ($10 million USD) Series A round from…
7 things startups should know about selling to banks
Startups feed on sales, but selling into banks and financial institutions is a different story. The process could take months,…
Ocean Supercluster provides collective $5.2 million to four new projects
The Atlantic Canada-based Ocean Supercluster is providing a cumulative $5.2 million to four new projects with a combined value…