Government invests $20 million in Terrestrial Energy as step towards net-zero greenhouse emissions by 2050
Oakville-based nuclear tech company Terrestrial Energy has received a $20 million commitment from the federal government to…
Funding
Chronometriq rebrands to Pomelo Health, raises $5 million in debt financing
Montréal-based Chronometriq, which offers a platform to help health professionals book appointments and manage patients, has…
Wealthsimple announces $114 million investment led by TCV, claims $1.4 billion valuation
Toronto-based FinTech startup Wealthsimple has raised $114 million CAD in equity financing. Following the raise, Wealthsimple…
Invest Ottawa receives $17 million to expand autonomous vehicle test facility
Economic development agency Invest Ottawa is expanding its autonomous vehicle test facility, Ottawa L5, and rebranding the…
Praemo raises $4.5 million CAD in Series A follow-on financing
Kitchener-Waterloo-based Praemo, which uses industrial IoT data to provide insights to enterprises, has raised $4.5 million…
BroadbandTV looking to go public on TSX through $172 million IPO
BBTV Holdings, the holding company of Vancouver-based media and technology company BroadbandTV, has filed for an initial public…
Federal government doles out cumulative $13.4 million to four healthtech organizations
Four Toronto-based healthtech businesses and organizations have received a cumulative $13.4 million in loans and grants from…
Biotech startup Phenomic AI raises $7.97 million CAD to identify promising cancer drugs
Toronto-based Phenomic AI, which aims to help researchers spot the differences between cells that could be early signs of disease…
Supercluster funding $74 million behind schedule, according to new PBO report
The federal government’s Innovation Superclusters Initiative is far behind its spending goals, according to a new report…
Today in funding: Course Studio, Olive, goPeer, WeUsThem, Prospre
Five Canadian startups have announced fresh funding to fuel their growth, including Course Studio, Olive, goPeer, WeUsThem,…
Hockeystick launches AI-powered matchmaking platform for startups, investors
Data platform company Hockeystick is expanding its offerings with the launch of a new “matchmaking” product that connects…
Properly receives $100 million in financing to fuel tech-enabled home buying process
Canadian startup Properly has secured $100 million CAD in debt financing to help support its capital heavy expense of purchasing…
Today in funding: Thinkific, Attendease, Replica Analytics, HealthTech Connex
Four Canadian startups have recently announced fresh funding rounds to fuel their growth. Here’s the latest on who raised,…
Following COVID-19 layoffs, Busbud looks to evolve business with $15 million Series C
Busbud, a Montréal-based travel startup specializing in intercity bus tickets, has raised a $15 million Series C round of…
Vancouver’s Appnovation raises $11.6 million CAD in Series B financing
Appnovation, a Vancouver-based software startup that develops digital solutions and strategies focused on user experience for…