Today in funding: Aquatic Informatics, Commerce.js, Simply Benefits
Three Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how much, from whom, and what…
funding
Bonsai raises $4 million CAD to replicate new Complex Media shop with other publishers
Commerce startup Bonsai has raised a $4 million CAD bridge round to fuel a new business model that it sees as the future of…
Calgary-based Communo raises $3.3 million seed round
Communo, which helps connect businesses in the marketing and advertising fields, has raised a $3.3 million CAD seed round, bringing its total funding to…
Concrete Ventures fund reaches $18 million to fuel seed-stage startups in Atlantic Canada
Halifax-based venture capital firm Concrete Ventures has received $500,000 from the New Brunswick Innovation Foundation (NBIF), bringing the fund’s total to nearly $18 million….
Mastercard commits $510 million for new global cybersecurity centre in Vancouver
In an announcement at the fiftieth annual World Economic Forum currently being held in Davos, Switzerland, Minister Navdeep Bains and Ajay Banga, CEO of…
Round13 surpasses $325 million in capital under management with launch of two new funds
Since closing its $95 million first fund in 2017, Round13 Capital has stayed out of the limelight, eschewing the public exposure adopted by most…
Workplace software integration startup Unito raises $10.5 million CAD Series A
Unito, a Montréal-based startup that has developed an integration solution for workflow automation, has closed a Series A funding round totalling $10.5 million CAD,…
Tealbook raises $6.53 million CAD “seed plus” round following pivot
Tealbook, a startup that aims to make sourcing of suppliers more efficient for enterprises, has raised $6.53 million CAD ($5 million USD) in what…
ArcTern Ventures’ Fund II reaches $200 million CAD in total capital commitments
Cleantech-focused venture capital firm ArcTern Ventures has raised an additional $35 million CAD for its second fund, bringing the fund’s total commitments to $200…
Equity analysis startup Canalyst raises $20 million Series B
Canalyst, a Vancouver-based startup offering equity research for capital markets, has closed a $20 million Series B. This brings Canalyst’s total funding to $28…
ePACT receives $2.5 million debt financing from CIBC Innovation Banking
Vancouver-based online emergency preparedness network ePACT has received $2.5 million growth capital financing from CIBC Innovation Banking. The startup’s co-founder and CEO Christine Sommers…
14 Canadian startups receive $46.3 million from Sustainable Development Technology Canada
E-Zn, Xanadu, Pyrowave, and SomaDetect are among the 14 Canadian startups receiving a cumulative $46.3 million investment from Sustainable Development Technology Canada (SDTC). One…
Digital Technology Supercluster announces 14 new projects receiving funding
The latest projects to receive funding through the Digital Technology Supercluster were announced on Thursday. A total of 14 new projects have been chosen…