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…
Canadian Startup News
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…
TWG acquired by Deloitte
Toronto-based application development and data engineering consultancy TWG has been acquired by Deloitte Digital, the creative…
Electronic medical records provider Medfar Clinical Solutions raises $25 million CAD
Walter Capital Partners has acquired a minority stake in Montreal’s Medfar Clinical Solutions, leading a $25 million CAD…
Spark Microsystems raises $17.5 million to accelerate commercialization of wireless transceiver tech
Montreal fabless semiconductor startup Spark Microsystems has raised a $17.5 million CAD equity financing round to bring its…
Felix Health raises $10 million amid increased demand for virtual prescription service focused on stigmatized health issues
Toronto-based healthtech startup Felix Health, which offers users access to treatments for common, but often stigmatized, health…
With new execs and new products, Koho says it’s ready to become Canada’s leading challenger bank
The launch of a new credit building product this week is the latest of many moves by Koho to scale its growth and become Canada’s…
Today in funding: Manifest Climate, Clearpath Robotics, ReFuel Mobile, theBoardlist, Zentrela, Librestream
Six Canada-affiliated tech startups, Manifest Climate, Clearpath Robotics, ReFuel Mobile, theBoardlist, Zentrela, and Librestream,…
Google opens two more accelerators to Canadian startups as remote becomes the new reality
Google has opened up two more accelerators to Canadian startups as the new remote reality makes it easier to offer the programs…
Mogo to acquire 20 percent stake in Coinsquare for $56.4 million as crypto space heats up
Vancouver-based FinTech startup Mogo has agreed to purchase a 20 percent equity stake in cryptocurrency startup Coinsquare.…
Today in funding: Sandpiper Ventures, Klir, Gazoduq, UpMeals, Fiddlehead Technology
Five Canada-based tech organizations have recently raised funding to fuel their growth. Here’s the latest on who raised money,…
Federal government invests $55.1 million in 20 cleantech companies
The Government of Canada today announced an investment of $55.1 million to be distributed among 20 cleantech companies from…
Rewind acquires GitHub backup service BackHub
Ottawa-based cloud backup startup Rewind has acquired Berlin’s BackHub, as Rewind looks to expand the reach of its “backup-as-a-service”…
Mortgage startup Homewise secures $3 million, sees “substantial” growth during pandemic
Homewise, a Toronto-based proptech startup that aims to help homebuyers secure a mortgage through its online platform, has…