Ada secures $130 million USD, claims $1.2 billion valuation
Toronto artificial intelligence (AI)-powered customer support software startup Ada has raised $130 million USD in Series C…
Funding
PayShepherd secures $700,000 to expand its contractor billing solution across Canada, US
Calgary-based FinTech startup PayShepherd has raised a $700,000 CAD pre-seed round to meet growing demand for its contractor…
Canada earmarks $80 million for new national cybersecurity network
The Government of Canada has announced plans to support the creation of a new pan-Canadian cybersecurity program with $80 million…
Following full exercise of over-allotment option, Thinkific IPO reaches $184 million
Vancouver-based EdTech startup Thinkific’s initial public offering (IPO) now totals $184 million, after the deal’s underwriters…
eStruxture secures $600 million to fund Aptum acquisition, “fast-track” Canadian expansion
Montréal-based eStruxture has received over $600 million CAD to fund the growth of its data centre business. The funding comes…
BDC Capital launches $200 million fund to bolster Canada’s deep tech ecosystem
BDC Capital has announced the creation of a new $200 million CAD fund designed to invest in and support early-stage Canadian…
Newly launched Carrot Ventures closes $15 million fund to help seed Canadian AgTech startups
Carrot Ventures, a Calgary-based company creation firm launched by venture capital company AVAC, has closed $15 million for…
Prairie AgTech startup Precision AI raises $20 million
Regina-based AgTech startup Precision AI, which aims to support sustainable farming practices with computer vision technology,…
Thentia secures $10 million in Series B financing to ramp up US operations
Toronto-based government software startup Thentia has closed a $10 million CAD Series B round led by New York growth equity…
Fluence Technologies raises $12.5 million CAD, swaps CEOs to fuel next phase of growth
Toronto FinTech software startup Fluence Technologies has closed a $12.5 million CAD ($10 million USD) Series A round from…
Ocean Supercluster provides collective $5.2 million to four new projects
The Atlantic Canada-based Ocean Supercluster is providing a cumulative $5.2 million to four new projects with a combined value…
Today in funding: Botpress, Sherpa, Kinetyx, Realize Medical, G2V Optics, Solvera Solutions
Six Canadian startups have recently announced fresh funding rounds to fuel their growth. Here’s the latest on who raised,…
With third managing partner and fresh funding, Maverix is ready to fill Canadian investment gap
John Ruffolo’s Maverix Private Equity has welcomed a new managing partner, Michael Wasserman, as the private equity (PE)…
BC minister of jobs says new $500 million fund will support startups, scale-ups in province
Ravi Kahlon, British Columbia’s minister of jobs, economic recovery and innovation, said he expects the province’s new…
Farm payroll startup Labora wins SFU entrepreneurship competition
Surrey, British Columbia-based FinTech startup Labora has taken home the top prize at Simon Fraser University’s (SFU) 10th…