CorVista Health closes $65 million Series C to bolster AI-powered cardiac diagnostic platform
Toronto-based healthtech startup CorVista Health (formerly Analytics 4 Life) has raised a $65 million USD Series C round led by Ambix Life Science. Ambix…
funding
Mednow closes $37 million IPO as it’s set to list on TSXV
Toronto-based healthtech startup Mednow has closed its initial public offering, raising approximately $37 million CAD at a price of $6.75 per share. The company…
Today in funding: SomaDetect, Metis, CoinSmart
Three Canadian startups have recently announced fresh funding rounds to fuel their growth. Here’s the latest on who raised, how much, from whom, and…
Snapcommerce secures $107 million to build a mobile commerce leader
Snapcommerce (formerly Snaptravel) has secured $107 million CAD ($85 million USD) in growth funding, signalling confidence from investors in the company’s mission to expand…
After a year of rapid growth, Athennian extends Series A round by $7 million
Calgary-based legal software startup Athennian has added $7 million CAD to its Series A round of funding as it sees continued growth during the…
Raven closes $25 million venture fund for Indigenous entrepreneurs
Raven Indigenous Capital Partners (Raven) has closed a new $25 million CAD fund that aims to invest in innovative early and seed-stage Indigenous startups….
Government commits $518 million to Canada Foundation for Innovation to fund research projects
The Government of Canada has committed $518 million in research infrastructure funding through the Canada Foundation for Innovation (CFI). Announced Wednesday, the funding is…
PocketPills raises $30 million Series B amid continued demand for virtual healthcare solutions
PocketPills, a Surrey, British Columbia-based digital pharmacy startup, has closed a $30 million CAD Series B round of funding. The all-equity round was led…
Amid rise in remote work, Dooly announces $25.5 million CAD to scale sales enablement platform
Vancouver-based Dooly has raised $25.5 million CAD ($20.3 million USD) in funding as the company looks to scale its sales enablement software, which aims…
The DMZ’s Black Innovation Programs set to receive $1.2 million from Ontario government
The DMZ’s Black Innovation Programs (BIP) will receive $1.2 million from the Ontario government. These programs, which are now in their second year, are…
theScore closes US IPO, raising $186 million USD
Canadian digital media and sports betting company theScore has closed its initial public offering (IPO) on the Nasdaq, raising $186.3 million USD in gross…
Following partnership with Loblaw, Gatik receives nearly $1 million from Ontario government
Gatik, a California and Toronto-based autotech startup, has received $997,000 from the Government of Ontario to accelerate the research and development of the company’s…
Today in funding: Rivalry, Hardbacon, Facedrive, DataJoy, Mavennet
Five Canadian-associated startups have recently announced fresh funding rounds to fuel their growth. Here’s the latest on who raised, how much, from whom, and…