Sagard closes $725 million for biopharmaceutical royalty investment fund
Sagard Holdings, the alternative asset manager arm of Power Corporation, has announced the final close of Sagard Healthcare…
Funding
RocketRez raises $8.4 million Series A round as it looks to help tourism businesses amid pandemic
Steinbach, Manitoba-based SaaS startup RocketRez has raised an $8.4 million CAD Series A round of funding, bringing the startups’…
NGen commits funding to new $72 million production facility that involves Canadian tech startups
Next Generation Manufacturing Canada (NGen), Canada’s Advanced Manufacturing Supercluster, has committed to invest $16.8…
General Assembly Pizza closes $13 million to scale pizza subscriptions across Canada
Toronto’s General Assembly Pizza (GA Pizza), which touts itself as “the world’s first pizza subscription,” has closed…
Boreal Ventures launches $26 million fund investing in Québec’s early-stage deep tech startups
In partnership with Centech, Boreal Ventures has launched as a new venture capital fund that aims to invest in Québec tech…
Boast.ai secures $100 million credit facility to build Clearbanc for R&D tax credits
Boast.ai has secured a $100 million credit facility to provide companies with up-front loans for their government research…
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…
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…