Magnet Forensics sees revenue, profit growth in first earnings report since going public
During the first quarter of 2021, Kitchener-Waterloo’s Magnet Forensics saw its annual recurring revenue (ARR) grow by 44…
Funding
Agnostiq secures $2.4 million CAD to accelerate development of quantum computing software
Toronto-based software startup Agnostiq has raised a $2.4 million CAD ($2 million USD) seed round to bolster its quantum computing…
Relay Financial secures $18.2 million CAD to bring financial management solution to more SMBs in US
Toronto-based FinTech software startup Relay Financial has raised an $18.2 million CAD ($15 million USD) Series A round to…
Today in funding: OSF Digital, Tenera Care, Sports IQ Analytics, MYR POS, Chic Geek, CLC Network
Six Canadian startups have recently announced fresh funding to fuel their growth. Here’s the latest on who raised, how much,…
Today in funding: Curbie Cars, Loopt, Myant, Innovate BC award winners
Six Canadian startups have recently announced fresh funding to fuel their growth. Here’s the latest on who raised, how much,…
CTI Life Sciences Fund raises $100 million in first close of third venture fund
Montréal-based venture capital firm CTI Life Sciences Fund has raised $100 million CAD in the first close of its third venture…
With new financing, Stoko wants to disrupt the knee brace industry with D2C product for athletes
A Vancouver-based startup working to disrupt the knee brace industry with a direct-to-consumer product developed using proprietary…
Today in funding: Railz, Relay Platform, Ferme d’Hiver, Optable, interVal
Five Canadian tech startups have recently secured fresh funding to fuel their growth. Here’s the latest on who raised money,…
Ada secures $130 million USD, claims $1.2 billion valuation
Toronto artificial intelligence (AI)-powered customer support software startup Ada has raised $130 million USD in Series C…
PayShepherd secures $700,000 to expand its contractor billing solution across Canada, US
Calgary-based FinTech startup PayShepherd has raised a $700,000 CAD pre-seed round to meet growing demand for its contractor…
Canada earmarks $80 million for new national cybersecurity network
The Government of Canada has announced plans to support the creation of a new pan-Canadian cybersecurity program with $80 million…
Following full exercise of over-allotment option, Thinkific IPO reaches $184 million
Vancouver-based EdTech startup Thinkific’s initial public offering (IPO) now totals $184 million, after the deal’s underwriters…
eStruxture secures $600 million to fund Aptum acquisition, “fast-track” Canadian expansion
Montréal-based eStruxture has received over $600 million CAD to fund the growth of its data centre business. The funding comes…
BDC Capital launches $200 million fund to bolster Canada’s deep tech ecosystem
BDC Capital has announced the creation of a new $200 million CAD fund designed to invest in and support early-stage Canadian…
Newly launched Carrot Ventures closes $15 million fund to help seed Canadian AgTech startups
Carrot Ventures, a Calgary-based company creation firm launched by venture capital company AVAC, has closed $15 million for…