Private equity firm Novacap raises largest ever fund at $1.865 billion USD
Leading Canadian private equity firm Novacap has closed its latest fund with $1.865 billion USD ($2.37 billion CAD). This marks…
Funding
Electronic medical records provider Medfar Clinical Solutions raises $25 million CAD
Walter Capital Partners has acquired a minority stake in Montreal’s Medfar Clinical Solutions, leading a $25 million CAD…
Spark Microsystems raises $17.5 million to accelerate commercialization of wireless transceiver tech
Montreal fabless semiconductor startup Spark Microsystems has raised a $17.5 million CAD equity financing round to bring its…
Felix Health raises $10 million amid increased demand for virtual prescription service focused on stigmatized health issues
Toronto-based healthtech startup Felix Health, which offers users access to treatments for common, but often stigmatized, health…
Today in funding: Sandpiper Ventures, Klir, Gazoduq, UpMeals, Fiddlehead Technology
Five Canada-based tech organizations have recently raised funding to fuel their growth. Here’s the latest on who raised money,…
Federal government invests $55.1 million in 20 cleantech companies
The Government of Canada today announced an investment of $55.1 million to be distributed among 20 cleantech companies from…
Mortgage startup Homewise secures $3 million, sees “substantial” growth during pandemic
Homewise, a Toronto-based proptech startup that aims to help homebuyers secure a mortgage through its online platform, has…
Fraction Technologies announces $289 million CAD in debt, equity financing as it looks to disrupt reverse mortgages
Vancouver-based startup Fraction Technologies on Wednesday announced $289 million CAD in a mix of equity and debt financing.…
Purpose Financial secures $53.5 million CAD investment from Allianz X
Toronto FinTech company Purpose Financial has secured $53.5 million CAD from Allianz X, with the German investor acquiring…
Briza raises $10.2 million CAD to address growing demand for insurance carrier APIs
Toronto-based insurtech Briza has raised a $10.2 million CAD ($8 million USD) Series A round as the startup aims to meet significant…
Digital Technology Supercluster invests $2.5 million into new telehealth wound care project
The Digital Technology Supercluster is investing $2.5 million into a new $3.1 million initiative aimed to help wound patients…
Symend eyes global markets with $54 million CAD Series B extension led by Inovia
Fuelled by growing demand for its customer engagement platform for financially at-risk customers, Calgary-based Symend has…
Ledn raises $3.4 million CAD to accelerate the growth of its Bitcoin-backed lending platform
Toronto-based FinTech startup Ledn has raised $3.4 million CAD ($2.7 million USD) in seed funding, as the company looks to…
With $29 million, MAIN Québec renews startup coaching program to support 375 startups
Mouvement des accélérateurs d’innovation du Québec (MAIN Québec) is re-launching its startup coaching program with new…
Cavelo raises $1.3 million pre-seed as it looks to help companies regain control of their data
Cavelo, a Kitchener-Waterloo-based SaaS startup, has raised a $1.3 million CAD pre-seed round of financing. The first-time…