Federal government invests $44.3 million in 11 Canadian cleantech companies
The federal government is investing $44.3 million in 11 Canadian cleantech companies solving sustainability challenges across…
Funding
Vendasta secures $119.5 million in venture funding after pausing IPO plans
Saskatoon-based software startup Vendasta has secured $119.5 million CAD in funding as part of a change in plans that will…
Hydra Energy secures $15 million to scale hydrogen fuelling solution for trucking industry
Delta, British Columbia (BC)-based cleantech startup Hydra Energy has raised $15 million CAD ($12 million USD) in Series A…
BBTV announces $65 million convertible debenture, refinancing deals as it looks to increase M&A activity
BBTV Holdings, the holding company behind Vancouver-based media and tech company BroadbandTV, has entered into convertible…
Ontario government invests $5.25 million to help innovative health companies scale
The Ontario government is investing $5.25 million in a new project aimed to train and mentor health sciences companies in securing…
eSSENTIAL Accessibility secures $67 million CAD to meet increasing demand for accessible online content
Toronto-based software company eSSENTIAL Accessibility (eA) has secured a nearly $67 million CAD ($55 million USD) investment…
PartnerStack aims to capitalize on channel sales demand with $35 million CAD Series B round
Toronto-based startup PartnerStack has secured approximately $35 million CAD ($29 million USD) in Series B financing as it…
Crypto startup Ledn secures $36 million CAD from group including Reddit co-founder, hedge fund billionaire
Toronto-based Ledn, which offers financial services to cryptocurrency holders, has raised $36.1 million CAD ($30 million USD)…
Five Atlantic Canada startups secure investment at Volta pitch competition
Five early-stage Atlantic Canadian tech startups have been selected to receive $25,000 each, as part of Volta’s latest pitch…
Novisto raises $9.6 million CAD Series A round to innovate ESG for enterprises
Montréal-based environmental, social, and governance (ESG) software startup Novisto has closed a $9.6 million CAD ($8 million…
7shifts secures $21.5 million Series B round to scale restaurant staff management platform
Saskatoon-based retail software startup 7shifts has raised $21.5 million USD ($25.9 million CAD) in Series B financing as the…
Xanadu secures $120 million CAD led by Bessemer to build photonic quantum computer
Toronto quantum computing startup Xanadu has secured $120 million CAD ($100 million USD) in a Series B round led by Bessemer…
Future Skills Centre invests $25.9 million to expand 10 portfolio projects
The Future Skills Centre (FSC) has invested $25.9 million CAD in 10 of its most promising projects to date, as the hub aims…
Alberta Innovates bolsters Regional Innovation Networks with $3.53 million
Alberta Innovates, the crown corporation responsible for promoting innovation in Alberta, has allocated an additional $3.53…
Today in funding: Kaloom, Bast Fibre Technologies, Arcturus, ChopValue, StoryTap, OpenUnit
Six Canadian tech companies have recently secured funding. Here’s the latest on who raised money, how much, from whom, and…