Drone startup Skygauge closes $3.3 million seed as demand increases amid pandemic
Skygauge Robotics has closed a $3.3 million CAD seed round and the Toronto and Hamilton-based drone startup is immediately…
Funding
Today in funding: ServiceBox, Creative Labs, Pillway
Three Canadian startups have recently announced fresh funding rounds to fuel their growth. Here’s the latest on who raised,…
British private equity investor Hg to acquire controlling stake in Benevity
Private equity firm Hg is set to acquire a majority controlling stake in Calgary-based corporate social responsibility software…
Canadian Council for Aboriginal Business receives $500,000 investment from Facebook Canada
The Canadian Council for Aboriginal Business (CCAB) has received a $500,000 investment from Facebook Canada, designed to establish…
GoSecure raises $14 million, bringing Series E to $35 million USD
Montreal-based GoSecure, which has developed a cybersecurity managed detection and response (MDR) software platform, has raised…
Event platform Planned raises $4.7 million as it hopes for return to in-person events
Montreal-based corporate event platform startup Planned has raised $4.7 million CAD in venture financing led by Inovia Capital,…
Velocity to move to new home as part of University of Waterloo, City of Kitchener deal
The University of Waterloo-based incubator Velocity is set to get a new home following the recent announcement of a partnership…
Telus announces $100 million tech-focused social impact fund
Telecommunications giant Telus has announced a new $100 million corporate venture capital fund focused on investing in early-stage…
3iQ’s Bitcoin Fund raises $75 million in treasury offering
The Bitcoin Fund, Canada’s first regulated Bitcoin investment fund, created by Toronto-based FinTech company 3iQ last year,…
Loblaw partners with Gatik to bring first autonomous delivery fleet to Canada
Palo Alto-based startup Gatik has signed a deal with Canada’s largest food retailer, Loblaw Companies Limited, to launch…
FinTech and healthtech startup Aya comes out of “stealth” with $3.7 million CAD in seed financing
Toronto-based Aya, which creates payments solutions and program administration for employee benefits packages, has raised a…
Silofit announces $3.5 million seed extension, adds two Toronto locations
Montreal-based startup Silofit announced a $3.5 million seed extension Monday, adding to the $1 million it raised in 2019 through…
Google Canada commits $3.9 million CAD to AI research institute Mila
Montréal-based artificial intelligence (AI) research institute Mila has received a $3.9 million CAD ($3 million USD) grant…
PenderFund Capital launches new tech-focused venture group, closes $25 million fund
Vancouver-based public and private asset manager PenderFund Capital Management has officially unveiled a new venture capital…
Construction tech startup Falkbuilt raises $14 million CAD Series A
Calgary-based construction tech startup Falkbuilt, has raised $14 million CAD in Series A financing. The round has closed with…