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…
Funding
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…
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.…