Glowtify hopes to equip e-commerce marketers for the holidays with $3.4-million seed round
Startup claims it hit $1 million CAD in revenue this year and wants to triple that next year.
Funding
Fewer, larger financings give Canadian VC a boost in Q3 as domestic PE stays hot
CVCA says rise in growth investment “a good sign” but early-stage VC activity continues to lag.
CoLab cashes in on AI demand with $72-million USD funding round
Y Combinator alum claims more than 47,000 engineers are waitlisted for its AI-powered collaboration tool.
NLPatent’s $3-million USD raise helps it power patent research with AI
Former IP lawyer aims to help peers take advantage of agentic AI.
Digitail grows Toronto hub as it fetches $23-million USD Series B round
Romanian-founded startup says Canadian client base more than doubled over past year.
Lab4 and Xena Intelligence claim top pitch competition prizes at SAAS NORTH
SheBoot and PitchFest handed out a total of $310,000 at the conference.
Clio secures $500-million USD Series G as it completes vLex acquisition
BC legaltech firm nabs $5-billion valuation plus $350 million in debt to help close deal.
FrontlineIQ raises $3.3-million seed to “gamify” sales jobs with AI coaching
Platform aims to take “ickiness” out of performance feedback by having an AI assistant do it instead.
Flare raises another $30 million USD to fuel global cybersecurity expansion and acquisition plans
Montréal software company aims to help organizations spot and mitigate online threats.
#Budget2025 hints at full scope of federal government’s defence agenda
Budget 2025’s $80 billion earmark establishes defence as a cornerstone of federal tech commitments.
Beacon raises $250-million USD Series B to buy and equip “Main Street businesses” with AI
Former Instacart, Sequoia leaders target profitable firms in overlooked sectors for AI upgrades.
Canadarm maker invests $10 million in Maritime Launch’s Atlantic Canada spaceport
MDA Space will support development and future operations of Spaceport Nova Scotia.
Gander Social raises $1 million to build a Canadian alternative to X and Meta
More than 1,300 investors backed sovereign social media platform in just over a week.
Xanadu to go public on Nasdaq and TSX in $3.6-billion USD SPAC deal
Transaction expected to raise up to $500 million USD.
Black-led startups secure record-breaking $400,000 at DMZ’s Black Innovation Summit
OutreachGenius, Happly.AI among winners taking home more money than ever before.