Helcim raises $53 million amid shakeup in Canadian payments
Calgary company reaches $250-million valuation, hopes to grow after Moneris sells to US private equity.
Funding
Father-son founders raise $875,000 to help anyone build worlds in Roblox
Montréal startup Élisa Interactive is using AI to help bring 3D world design to non-developers.
A16z speedrun-backed Blueprint raises $1.4 million CAD to bring vibe coding to hardware
Toronto AI startup is building the “Lovable for hardware” to help anyone turn their prompts into prototypes.
Space lands a16z speedrun backing for its vision to turn the cloud into your hard drive
Startup raises $2.4 million USD to build a more seamless version of Dropbox and Google Drive.
Clearco secures $100 million USD for “rescaling” after difficult years
After recapitalizing in 2023, Toronto FinTech company says it will break even by Q4.
Peripheral nets $8.7 million USD to bring spatial intelligence tech to sports
Deloitte Ventures, Inovia Capital back Toronto startup’s AI for live sports vision.
Campus safety platform Legio raises $5 million USD from Klass Capital
Funding will help with product development and sucuring partnerships with post-secondary institutions.
Lessons on early-stage fundraising from Canadian startups that have closed rounds
Three IAF-backed founders share what investors want to see beyond the pitch.
Brdg secures $850,000 to modernize construction financing
Forum-backed Montréal startup aims to simplify construction loan management with AI.
Fisent Technologies raises $4.3 million USD to help enterprises automate AI use
Toronto startup’s revenue grew more than 200 percent last year amid economy-wide rush to adopt AI.
Autonomous welding startup TetraGen Robotics raises $1.8 million
Oversubscribed round was led by StepChange Capital and will help company commercialize.
Cross Border Impact Ventures secures $58 million USD for fund focused on women’s, children’s health
Toronto-based impact investor hopes to more than double the fund by second half of 2027.
White Star Capital closes $350-million global fund
Managing partners say diversification and returns helped them in a difficult fundraising market.
Telesat, MDA Space tapped for $2.3-billion Arctic satellite buildout
Federal contract will expand Lightspeed constellation from 156 to 225 satellites.
Claryx raises $3.5 million USD to detect hospital outbreaks before they start
Canadian co-founders say they’re starting in the US because it’s simpler to sell in private system.