Ottawa-founded Threekit raises $20 million USD for product visualization platform
Threekit, an Ottawa-founded product visualization software platform company that targets e-commerce brands, has closed a $20 million USD Series A round. The Series A…
funding
Stradigi AI closes $53 million CAD Series A, with support from will.i.am
Montreal-based artificial intelligence provider Stradigi AI has closed a $53 million CAD in Series A funding round led by Fonds de solidarité FTQ and…
A cautionary tale of high valuations
Early-stage companies face countless challenges in their journey to success. Attracting talent, overcoming delays, reaching product-market fit, and so on. Out of all these…
Facedrive in strategic partnership with Will Smith, Jada Pinkett Smith’s content company
Toronto-based ridesharing company Facedrive has made an investment in Westbrook Global, a content creation company co-founded by Will Smith and Jada Pinkett Smith. The…
Chip startup Untether AI announces $9.2 million in funding closed in May
Toronto-based chip startup Untether AI recently announced that it has raised an additional $9.2 million CAD ($7 million USD), which was originally closed in…
BDC spinout Amplitude Ventures closes half of newly-launched $200 million health fund
Amplitude Ventures, a Montréal-headquartered investment firm focused on health and the life sciences sectors has announced the launch of a targeted $200 million CAD…
Coveo raises $227 million CAD to pursue “aggressive” growth in AI e-commerce market
Unlike some other Canadian AI companies, Coveo has flown relativity under the radar since it was founded in 2005. That hasn’t stopped the Québec…
Today in funding ($27.8 million): CTO.ai, MindBeacon
Two Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how much, from whom, and what…
Mylo raises $10 million Series A with support from National Bank, Desjardins
Montreal-based FinTech startup Mylo has raised $10 million in Series A financing for its saving and investing platform, in a round that saw a…
RenoRun raises $22.5 million Series A
A short 13 months after closing its seed round, RenoRun, the Montreal startup that connects construction workers with on-demand materials, has closed its Series…
Conexus hits $30 million fund target to support “forgotten” startups
The Conexus Venture Capital Fund, launched earlier this year by the Regina-based Conexus Credit Union, has reached its $30 million fund target, as the…
League receives strategic investment from Workday Ventures
Toronto-based League announced that it has received a strategic investment from Workday Ventures, the investment arm of HR cloud software company Workday, and will…
Calgary-based Benevity raises $40 million in Series C
Benevity, a global leader in corporate social responsibility and one of the largest startups in the Prairies, has raised $40 million in a Series…