U of T to use portion of new $250 million donation to build medical AI research centre
Following a record-setting $250 million donation to its faculty of medicine, the University of Toronto has revealed plans to build a new centre focused…
funding
Omnirobotic raises $6.5 million CAD as it looks to develop industrial autonomous robots
Laval, Quebec-based Omnirobotic, a startup specializing in robotics automation for industrial and factory applications, has closed $6.5 million CAD ($5 million USD) in financing,…
Alberta makes new tech investments as part of recently-unveiled $75 million strategy
The Government of Alberta has made numerous new investments into the province’s technology sector within the last week as part of the recently-unveiled $75…
Waterloo robotics startup Clearpath extends Series C with $6.6 million CAD
As it looks to secure more enterprise customers and grow its global network of delivery partners, Clearpath Robotics has raised an additional $6.6 million…
Shopify closes public offering at $1.91 billion USD
Ottawa-based e-commerce company Shopify has raised $1.91 billion in a previously-announced public offering. All figures are in US dollars. The total proceeds from the…
VentureLAB receives $370,000 through federal women entrepreneurship fund
VentureLAB, a tech and innovation hub based in the Greater Toronto Area, has received a $370,000 investment from the federal government for Tech Undivided,…
Baby goods marketplace Rebelstork raises $2 million seed round
Toronto-based e-commerce startup Rebelstork, which has developed an online marketplace for buying and selling baby gear, has closed a $2 million CAD seed round….
Federal government, Innovate BC investing $2 million into BC tech pilot projects
The National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) and Innovate BC have signed a memorandum of understanding (MOU) to invest…
Virtual care software startup OnCall Health raises $7.9 million CAD Series A
Toronto-based startup OnCall Health, which provides virtual care software to healthcare providers, has raised a $7.9 million CAD ($6 million USD) Series A round,…
Lightspeed POS closes NYSE initial public offering at $397 million USD
Lightspeed POS has closed its initial public offering in the United States at $397.7 million USD as part of the Montréal-based retail startup’s entrance…
AppDirect closes $185 million led by Caisse de dépôt et placement du Québec
AppDirect, a San Francisco-headquartered startup founded by two Canadians, has raised $185 million USD in funding, bringing the company’s total funding to date to…
EdTech startup Edsby raises $5.3 million Series A
Edsby, a Toronto-based EdTech startup that offers a digital learning and data platform for K-12 education, has closed $5.3 million CAD in Series A…
ApplyBoard secures $70 million, pens deal to expand EdTech platform’s capabilities
ApplyBoard, which runs a recruitment platform helping international students apply to education abroad, has secured $70 million CAD in a Series C extension and…