Ontario commits $109 million towards Telesat’s race to launch low-earth-orbit satellite network
Telesat is set to receive $109 million from the Ontario government to support the Canadian satellite company’s race to…
Funding
Healthcare scheduling platform Gray Oncology draws $1.25 million from angel investors
André Diamant, the co-founder and CEO of a Montréal startup, describes his company as the “operating system for cancer…
Federal government invests $5 million in Alberta Innovates program to attract more technology, business accelerators to province
Through Western Economic Diversification Canada (WD), the Government of Canada has invested $5 million CAD in an Alberta Innovates…
Yaletown Partners raises $130 million in first close of Innovation Growth Fund II
Vancouver-based Yaletown Partners has secured the first close for its second Innovation Growth Fund (IGF II), raising $130…
WorkJam secures $35 million to fuel growth of frontline worker platform
Montréal software startup WorkJam has secured $35 million USD in growth financing from Silver Lake Waterman to support the…
Mako Fintech secures $2 million CAD to meet “absolute tsunami of client demand” for wealth management automation
Montréal-based software startup Mako Fintech has raised $2 million CAD in seed financing to help more wealth management professionals…
Funding roundup: Voiceflow, Cold Bore, Kraken Robotics, Spark, Novamera, QuoteToMe
Six Canadian tech companies have recently secured fresh funding to fuel their growth. Here’s the latest on who raised money,…
Silofit secures $15.25 million CAD to bring micro-gym model to United States
Montréal-based startup Silofit, which offers a network of micro-gyms, has raised $12.75 million CAD ($10.25 million USD) in…
Deep Genomics secures $226 million CAD led by SoftBank as it scales AI drug discovery platform
Deep Genomics has secured $226 million CAD ($180 million USD) as the startup has increased the number of drug candidates it…
Digital Technology Supercluster announces $20 million digital wellness project
Canada’s Digital Technology Supercluster has announced a $20 million CAD project to develop a new digital wellness platform…
1Password claims $2.5 billion CAD valuation in new round as investors rave about “generational security software business” opportunity
1Password has raised $125 million CAD ($100 million USD) in its latest round of financing, as the password manager startup…
Following rebrand, Notch raises $12.5 million CAD to bring restaurant supply chain software to new markets
Toronto-based startup Notch has secured $12.5 million CAD ($10 million USD) in funding, as the startup looks to expand its…
Lumira Ventures closes $276 million CAD for fourth fund
Toronto-based Lumira Ventures has raised $276 million CAD ($220 million USD) for Fund IV, which Lumira claims is “the largest…
Paystone secures $30 million from Crédit Mutuel Equity as part of plan to expand beyond North America
Payments and customer engagement software startup Paystone has secured a $30 million CAD strategic investment from France’s…
FrontFundr secures funding through FrontFundr, a crowdfunding platform
FrontFundr has secured $1.78 million CAD, through its own equity crowdfunding platform, as it looks to scale and bring more…