Spare ready to roll with $18 million Series A funding for its on-demand transit software
An oversubscribed $18 million Series A round is going to help Spare further build out its mobility software platform for public…
AutoTech
GaN Systems nails $189.7 million CAD to drive semiconductor innovation
GaN Systems, a producer of gallium nitride power semiconductors, has secured a $150 million USD ($189.7 million CAD) growth…
Clutch gears up for expansion with $100 million CAD Series B round
Clutch, an online car retailing startup, got the green light for expansion with $100 million CAD Series B equity financing.…
D2L, E Automotive make their Toronto Stock Exchange debuts
Two Canadian tech companies, D2L and E Automotive, began trading on the Toronto Stock Exchange (TSX) today. Kitchener-Waterloo-based…
Axis Auto Finance lands $15 million to roll out digital loan product
Axis Auto Finance Inc., a Mississauga-based lender that describes itself as a FinTech servicing the alternative auto finance…
Online vehicle auction marketplace E Automotive revs up IPO plans
E Automotive, an online vehicle auction marketplace, is planning to go public on the Toronto Stock Exchange. The company has…
FTEX raises $485,000 to increase efficiency of electric vehicles through its motor tech
Montréal-based motor-tech company FTEX has raised $485,000 in a pre-seed, all-equity SAFE funding round that closed in August.…
In its goal to modernize trucking operations, Rose Rocket raises $31 million CAD
Rose Rocket, a Toronto-based SaaS provider of transportation management software (TMS), has raised $31 million CAD ($25 million…
AutoLeap revs up growth with an $18 million Series A funding round
AutoLeap just got a jump start with an $18 million Series A funding round, announced October 1. Bain Capital Ventures led the…
Gatik reveals Goodyear as strategic investor, announces partnership deal
Major tire manufacturer Goodyear and autonomous trucking startup Gatik have announced a strategic partnership that sees the…
Wealthsimple, Clearco top LinkedIn’s Top Startups Canada 2021 list
Toronto-based unicorn Wealthsimple ranked highest on LinkedIn’s Top Startups Canada 2021 list, released September 22. Clearco…
Acquisition roundup: Ramp, Top Hat, Wishpond, Trade X, Enthusiast Gaming
Five Canadian tech companies have made acquisitions or have been acquired over the last little while. Here are some highlights…
IIROC briefly halts Facedrive stock after two days of heavy trading
The Investment Industry Regulatory Organization of Canada (IIROC) briefly halted trading in Facedrive’s stock twice on September…
CarDoor raises $3 million, prepares its online car retail platform for cross-Canada expansion
Toronto-based CarDoor is preparing to expand its online car retailing platform across Canada after raising $3 million CAD in…
Facedrive fracas heats up as company confirms it filed suit against its co-founder
Toronto-based ride-sharing startup Facedrive said September 8 that it is “aware of certain allegations circulated concerning…