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…
Funding
After pivoting to podcasts, LumiQ raises $1.1 million
When Luminari launched its podcasting product in 2019, the startup considered it to be a valuable layer to its existing career…
Right-wing favoured video platform Rumble secures investment from JD Vance, Peter Thiel
Toronto-based video-sharing platform Rumble has raised new funding in a round led by JD Vance’s Narya Capital and Peter Thiel,…
Vancouver-based Dooly raises $80 million USD Series B round
Vancouver-based software startup Dooly, which offers a connected workplace solution for sales professionals, has closed an…
Hardware startup Tenstorrent raises over $200 million in funding, claims $1 billion valuation
Tenstorrent, a Toronto-based startup that develops computing hardware for artificial intelligence applications, has raised…
General Assembly Pizza set to go public on TSXV June 3
Toronto’s General Assembly Pizza (GA Pizza) has filed its final non-offering prospectus and is set to begin listing on the…
White Star Capital closes $50 million USD fund focused on crypto and blockchain
In the last few weeks, crypto has seized the global tech sector’s attention. From Tesla CEO Elon Musk going cold on bitcoin,…
Wingocard secures $2 million CAD, launches app to teach teens financial literacy
Backed by $2 million CAD ($1.7 million USD) in fresh seed funding, Montréal-based FinTech startup Wingocard has officially…
ALT TEX closes $1.5 million pre-seed round to commercialize sustainable polyester alternative
Toronto-based sustainable fashion and biotechnology startup ALT TEX has raised a $1.5 million CAD pre-seed round of funding.…
Knix reportedly secures $53 million in latest funding round
Toronto-based startup Knix Wear, an e-commerce company that sells intimate apparel, has closed a new round of financing at…
BuyProperly raises $2 million to expand real estate investment platform across Canada, US
Toronto-based FinTech startup BuyProperly has secured a $2 million CAD pre-seed round to fuel the growth of its online fractional…
Federal government promises $199.16 million to biotech company Resilience Biotechnologies
The Government of Canada today announced an investment of $199.16 million in Resilience Biotechnologies, which is creating…
With its platform now on the market, Odaia bets on pharma
Two years ago, when raising its $1.6 million seed round, Toronto-based SaaS and AI startup Odaia was focused on productizing…
Today in funding: Nanology Labs, Covalent, Audioptics Medical
Three Canadian startups have recently announced fresh funding rounds to fuel their growth. Here’s the latest on who raised,…
BDC Capital launches second $250 million growth equity fund
BDC Capital is launching another $250 million CAD growth equity fund to help mid-market Canadian companies scale. Through the…