Nesto raises $11.5 million Series A round as it looks to “simplify” the mortgage industry
Nesto, a startup focused on simplifying the mortgage financing experience, raised $11.5 million CAD in Series A financing.…
Canadian Startup News
Ten members added to federal government’s Industry Strategy Council
The federal government has announced the members of its Industry Strategy Council, the initiative aimed to help with Canada’s…
Front Row Ventures relaunches women’s accelerator virtually after pausing amid pandemic
Front Row Ventures is making its pre-accelerator program, the Women Founders Project, virtual after pausing the program earlier…
Lack of VC activity caused by pandemic not reflected in Q1 2020, says CVCA’s Kim Furlong
The Canadian Venture Capital and Private Equity Association (CVCA) has released its detailed report for the first quarter of…
Shopify donates funds in response to racial injustice, resurfacing long-standing criticisms
Shopify has resurfaced long-standing criticisms of its company policies after CEO Tobi Lütke shared a message of support for…
Poka closes $6.4 million CAD for connected factory worker platform
Poka, a Quebec City-based startup that has developed a “connected workforce” app, has closed $6.4 million CAD. The round…
Montreal’s Vention raises $38 million CAD Series B
Vention, a manufacturing automation tech startup, has raised $38 million CAD in Series B financing. The round was led by Georgian…
Black Swan #10 – Please register for our virtual event
I’m not supposed to be here. I know. We’re all thinking that, and it’s true for everyone. But I was literally supposed…
Ontario enacts temporary change to layoff regulations to help businesses with recovery
On Monday, the Ontario provincial government announced temporary changes to its labour laws, a move its hopes will protect…
How Tech Can Help During COVID-19, From a Doctor Who Runs a Startup
It’s easy for founders to feel trapped when a global crisis like COVID-19 hits. Compared to the loss that others are facing,…
Ritual reportedly raises $29.8 million CAD following COVID-19 layoffs
Toronto-based food ordering and mobile pickup startup Ritual has reportedly raised $29.8 million CAD ($22 million USD) from…
Sonic Incytes raises $3.5 million seed round to commercialize liver health assessment device
Sonic Incytes, a medical device startup based in Vancouver, has raised a $3.5 million CAD seed round. This startup’s funding…
Tugboat Logic closes $10.8 million CAD led by Inovia Capital
Tugboat Logic, which provides automated tech for the security assurance market, has raised a $10.8 million CAD ($8 million…
Spiderwort closes $3.4 million CAD in seed financing
Spiderwort, an Ottawa-based healthtech and biomaterials startup, has raised a seed round of funding at $3.4 million CAD ($2.5…
Material science company Trusscore raises $5.33 million seed round
Trusscore, a material science company that combines sustainable materials and nanotechnology, has raised a $5.33 million CAD…