Vendasta secures $119.5 million in venture funding after pausing IPO plans
Saskatoon-based software startup Vendasta has secured $119.5 million CAD in funding as part of a change in plans that will…
Funding
Hydra Energy secures $15 million to scale hydrogen fuelling solution for trucking industry
Delta, British Columbia (BC)-based cleantech startup Hydra Energy has raised $15 million CAD ($12 million USD) in Series A…
BBTV announces $65 million convertible debenture, refinancing deals as it looks to increase M&A activity
BBTV Holdings, the holding company behind Vancouver-based media and tech company BroadbandTV, has entered into convertible…
Ontario government invests $5.25 million to help innovative health companies scale
The Ontario government is investing $5.25 million in a new project aimed to train and mentor health sciences companies in securing…
eSSENTIAL Accessibility secures $67 million CAD to meet increasing demand for accessible online content
Toronto-based software company eSSENTIAL Accessibility (eA) has secured a nearly $67 million CAD ($55 million USD) investment…
PartnerStack aims to capitalize on channel sales demand with $35 million CAD Series B round
Toronto-based startup PartnerStack has secured approximately $35 million CAD ($29 million USD) in Series B financing as it…
Crypto startup Ledn secures $36 million CAD from group including Reddit co-founder, hedge fund billionaire
Toronto-based Ledn, which offers financial services to cryptocurrency holders, has raised $36.1 million CAD ($30 million USD)…
Five Atlantic Canada startups secure investment at Volta pitch competition
Five early-stage Atlantic Canadian tech startups have been selected to receive $25,000 each, as part of Volta’s latest pitch…
Novisto raises $9.6 million CAD Series A round to innovate ESG for enterprises
Montréal-based environmental, social, and governance (ESG) software startup Novisto has closed a $9.6 million CAD ($8 million…
7shifts secures $21.5 million Series B round to scale restaurant staff management platform
Saskatoon-based retail software startup 7shifts has raised $21.5 million USD ($25.9 million CAD) in Series B financing as the…
Xanadu secures $120 million CAD led by Bessemer to build photonic quantum computer
Toronto quantum computing startup Xanadu has secured $120 million CAD ($100 million USD) in a Series B round led by Bessemer…
Future Skills Centre invests $25.9 million to expand 10 portfolio projects
The Future Skills Centre (FSC) has invested $25.9 million CAD in 10 of its most promising projects to date, as the hub aims…
Alberta Innovates bolsters Regional Innovation Networks with $3.53 million
Alberta Innovates, the crown corporation responsible for promoting innovation in Alberta, has allocated an additional $3.53…
Today in funding: Kaloom, Bast Fibre Technologies, Arcturus, ChopValue, StoryTap, OpenUnit
Six Canadian tech companies have recently secured funding. Here’s the latest on who raised money, how much, from whom, and…
After pivoting to podcasts, LumiQ raises $1.1 million
When Luminari launched its podcasting product in 2019, the startup considered it to be a valuable layer to its existing career…