Canadian startup news of the week (1/30/22)
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Venture funding for Montréal tech sector grew steadily in 2021, with $1.6 billion raised
Montreal venture funding grew 33 percent in 2021.
New report reveals worrying trends about venture funding in Waterloo Region
Faire and Applyboard accounted for 85 percent of the total funding raised in the Waterloo Region during 2021.
Calgary broke its venture funding record in 2021 as deal volume almost doubled
Deal volume in Calgary increased 61% last year.
With nearly $4 billion raised, BC tech “stepped into the spotlight” in 2021
Investment in BC startups grew over 300 percent in 2021.
Toronto shattered venture funding records in 2021 as city grew accustomed to billion-dollar quarters
Investment in Toronto tech grew 400 percent in 2021.
As 2021 breaks records, can the Canadian tech sector sustain its growth in 2022?
There is a growing consensus that Canadian tech is facing an inflection point.
Quebecor launches venture capital fund, asterX, to back startups aligned with its key verticals
Quebecor announced the launch of a new corporate venture capital arm that it’s dubbed asterX, and that will fund companies…
Hopper’s Series G kept Montréal funding strong in Q3
Montréal’s tech ecosystem continued to see strong venture funding in the third quarter of 2021, raising a total of $408.7…
After booming Q2, Waterloo Region deal volume hit two-year low in Q3 2021
With only five deals closed, venture funding activity in the Waterloo Region fell to a two-year low in the third quarter of…
Neo Financial’s Series B leads Calgary’s venture funding bounce back in Q3
Following a two-year low for tech investment, Calgary’s tech ecosystem saw a return to health in the third quarter of 2021,…
BC’s tech investment boom continued in Q3
With over $900 million raised by British Columbia’s tech startups, venture investment in the province stayed strong in the…
In Q3, Toronto startups broke venture funding records… again
Toronto tech startups once again broke venture funding records, raising over $1.6 billion through 53 deals in Q3 2021, according…
Galvanize’s journey from “written off” tech company to $1 billion exit
Earlier this year, Vancouver-based software firm Galvanize was acquired by New York-based Diligent Corporation. The deal’s…
BC set a new venture funding record in Q2 as total investment eclipsed previous quarter
Tech startups in British Columbia raised over $1 billion in the second quarter of 2021, slightly eclipsing total investment…