Velocity to move to new home as part of University of Waterloo, City of Kitchener deal
The University of Waterloo-based incubator Velocity is set to get a new home following the recent announcement of a partnership between the City of…
funding
Telus announces $100 million tech-focused social impact fund
Telecommunications giant Telus has announced a new $100 million corporate venture capital fund focused on investing in early-stage technology startups that aim to drive…
3iQ’s Bitcoin Fund raises $75 million in treasury offering
The Bitcoin Fund, Canada’s first regulated Bitcoin investment fund, created by Toronto-based FinTech company 3iQ last year, has raised $75.5 million CAD in a…
Loblaw partners with Gatik to bring first autonomous delivery fleet to Canada
Palo Alto-based startup Gatik has signed a deal with Canada’s largest food retailer, Loblaw Companies Limited, to launch what it claims is the country’s…
FinTech and healthtech startup Aya comes out of “stealth” with $3.7 million CAD in seed financing
Toronto-based Aya, which creates payments solutions and program administration for employee benefits packages, has raised a $3.7 million CAD ($2.9 million USD) seed round…
Silofit announces $3.5 million seed extension, adds two Toronto locations
Montreal-based startup Silofit announced a $3.5 million seed extension Monday, adding to the $1 million it raised in 2019 through its initial funding round….
Google Canada commits $3.9 million CAD to AI research institute Mila
Montréal-based artificial intelligence (AI) research institute Mila has received a $3.9 million CAD ($3 million USD) grant from Google Canada. The new funding will…
PenderFund Capital launches new tech-focused venture group, closes $25 million fund
Vancouver-based public and private asset manager PenderFund Capital Management has officially unveiled a new venture capital group focused on private investments in the technology…
Construction tech startup Falkbuilt raises $14 million CAD Series A
Calgary-based construction tech startup Falkbuilt, has raised $14 million CAD in Series A financing. The round has closed with $14 million CAD, with the…
Thoughtexchange closes additional $4 million, bringing Series B round to $34 million
BC-based crowdsourcing software startup Thoughtexchange has closed an additional $4 million in new Series B financing. The startup said this is the final tranche…
VPN startup Tailscale raises $14.5 million CAD Series A
Tailscale, which has developed what it calls “a new kind of corporate VPN,” has closed a $14.5 million CAD ($12 million USD) Series A…
Local Logic raises $8 million Series A for proptech platform
Montreal-based proptech and artificial intelligence (AI) startup Local Logic has secured $8 million CAD in Series A financing. This latest round brings the company’s…
MacroHealth raises $54 million CAD Series A to hire new talent in Vancouver
Healthtech startup MacroHealth, which offers a platform that optimizes the buying and selling of health services, has raised a $54 million CAD ($41 million…