Vertu Capital secures minority stake in Dejero with $60 million investment
Waterloo-based company Dejero, which provides communications connectivity tech, announced a $60 million CAD minority recapitalization…
Funding
Saskatchewan extending startup investment incentive
The Government of Saskatchewan plans to extend the Saskatchewan Technology Startup Incentive (STSI), its 45 percent tax credit…
Absorb Software to be acquired by US private equity firm at $630 million CAD valuation
Calgary edtech Absorb Software is set to be acquired by New York’s Welsh, Carson, Anderson & Stowe (WCAS), in a deal…
US private equity firm to acquire controlling stake in Axonify for $313 million CAD
United States-based private equity firm Luminate Capital Partners is set to acquire a controlling stake in Axonify for $313…
Clearbanc rebrands, raises $350 million USD to provide full-stack founder support
With fresh capital and a new name, Clearbanc has moved beyond its investing roots to become a full-stack founder support platform.…
CarbonCure wins global Carbon XPRIZE competition
Dartmouth, Nova Scotia-based cleantech startup CarbonCure Technologies has taken home $7.5 million USD after winning the grand…
Today in funding: dcbel, Milk Moovement, Virtual Gurus, MazumaGo, Acorn Biolabs
Five Canadian tech startups have recently secured fresh funding to fuel their growth, including dcbel, Milk Moovement, Virtual…
Indigenous Growth Fund raises $150 million in first close to support Indigenous entrepreneurs
A social impact fund dedicated to Indigenous entrepreneurs has raised $150 million in its first close. The fund, called the…
Following a year of growth, healthtech startup My Intelligent Machines raises $5 million
My Intelligent Machines (MIMs), a healthtech and artificial intelligence startup based in Montréal, has raised $5 million…
Nicoya promised additional funding from federal government to develop COVID-19 test
Kitchener-Waterloo-based healthtech startup Nicoya has announced it is set to receive more financial support and advisory services…
Content creation platform ContentFly raises $11.2 million CAD Series A round
Toronto-based ContentFly, which offers an on-demand content creation platform, has closed an $11.2 million CAD ($9 million…
Thinkific aims to raise $160 million CAD through TSX IPO
Vancouver’s Thinkific Labs is looking to raise $160 million CAD through its upcoming initial public offering (IPO) on the…
Deeplite raises $7.5 million CAD seed round to optimize deep neural networks
Montréal-based Deeplite has raised $7.5 million CAD ($6 million USD) in seed funding as the startup looks to accelerate its…
DMZ startups reach milestone of $1 billion in collective funding
Eleven years after the Toronto incubator was founded, alumni and current portfolio companies of Ryerson University-based nonprofit…
QRA Corp secures $3.76 million to meet rising demand for its product engineer software solution
Halifax-based enterprise software developer QRA Corp has raised $3.76 million CAD ($3 million USD) in financing as the startup…