Launchtrip raises $4.7 million CAD seed round as tourism industry eyes pent-up demand for travel
Vancouver-based travel-tech startup Launchtrip has raised a $4.7 million CAD seed round of funding, as the travel sector is…
Funding
OMERS survey finds dealflow rose or held steady during COVID-19 for most Canadian VCs
One year into the pandemic, research suggests that for the majority of Canadian venture capital (VC) firms deal activity has…
NuPort Robotics receives $1 million from Ontario for autonomous trucking project with Canadian Tire
Toronto-based autotech startup NuPort Robotics has received $1 million in funding from the Ontario government for a new automated…
Brim Financial raises $25 million to grow FinTech platform
Toronto’s Brim Financial has closed a $25 million CAD Series B as it looks to expand its FinTech “platform-as-a-service”…
Livescale raises $2.5 million as startup seeks to provide the video backbone for e-commerce
Montréal-based Livescale Technologies, with a platform allowing consumer brands to host live shopping events, has raised $2.5…
Inovia Capital raises $450 million Growth Fund II to find another Lightspeed
Inovia Capital has raised $450 million USD for its second growth stage fund as the Montréal-based venture firm aims to build…
Greensoil PropTech Ventures secures around half of $100 million USD target for Fund II
Greensoil PropTech Ventures has secured around $50 million USD in a first close, plus additional commitments, towards a targeted…
Imaginal Ventures secures TD sponsorship for initiative aimed to support women-led companies
Imaginal Ventures, a business advisory firm based in Halifax, has announced TD has joined as the lead sponsor of an initiative…
Emerge Commerce closes $11.9 million in first tranche of private placement
Four months after going public on the TSX Venture Exchange (TSXV) and acquiring an online subscription service company, Toronto-based…
Natural Products Canada, Active Impact Investments launch cleantech venture funds
Two firms, Natural Products Canada (NPC) and Active Impact Investments, have launched early-stage cleantech venture funds,…
Today in funding: Ratesdotca, Damon Motorcycles, Forma.ai, Vegano Foods, Dispension, GenXys, DeFi Ventures
Seven Canadian tech companies, Ratesdotca, Damon Motorcycles, Forma.ai, Vegano Foods, Dispension, GenXys, and DeFi Ventures…
D-Wave receives $40 million from federal government for quantum computing tech
Burnaby, BC-based D-Wave Systems has secured $40 million from the Government of Canada to support its quantum computing systems…
PitchPoint Solutions secures $4.5 million from CIBC Innovation Banking to grow fraud prevention service
Toronto and Florida-based FinTech company PitchPoint Solutions has secured $4.5 million in financing from CIBC Innovation Banking…
Koho secures $70 million Series C to scale adoption of its digital banking services
Koho has secured $70 million CAD in Series C financing, which sources estimate put its post-money valuation at $300 million.…
BrandProject raises $54 million CAD venture fund focused on early stage investing
BrandProject, a Toronto-based investment firm, has raised $54 million CAD ($43 million USD) in the final close of its first…