Employee wellness startup LifeSpeak raises $42 million in first round of institutional financing
Toronto-based employee mental health and wellness education startup LifeSpeak had closed a $42 million CAD equity investment.…
Funding
Today in funding: Brink Bionics, Nexus Robotics, Connect&GO
Five Canadian startups have announced fresh funding to fuel their growth. Here’s the latest on who raised how much, from…
Cleantech startup GHGSat raises $39.5 million CAD in Series B financing
Montreal-based global emissions monitoring company GHGSat has closed a $39.5 million CAD ($30 million USD) in what the startup…
Truck electrification startup Effenco Development raises $10 million
Montreal-based heavy-duty vehicle electrification and connected mobility startup Effenco Development has closed $10 million…
Brüush raises $6.5 million Series A as it looks to disrupt oral care market
Brüush, a Vancouver-based direct-to-consumer e-commerce startup selling electric toothbrushes, has raised $6.5 million CAD…
Vancouver-based Klue raises $19.7 million CAD Series A
Vancouver-based artificial intelligence startup Klue, which has developed software aimed to give enterprises a better view…
Kitchener’s BinSentry raises $10 million CAD Series A to take AgTech sensors global
Kitchener-Waterloo startup BinSentry has developed an Internet of Things (IoT) solution that enables feed mills and livestock…
Canadian government announces $221 million Black Entrepreneurship Program
The Government of Canada announced on Wednesday the launch of the Black Entrepreneurship Program, a new three-part initiative…
US private equity firm Providence Strategic Growth takes majority stake in Wagepoint
Providence Strategic Growth (PSG), the growth equity affiliate of US-based Providence Equity Partners, has secured a majority…
Brightspark closes $60 million for new venture fund
Brightspark Ventures has announced a new venture fund, securing $60 million as part of a third close, with the ultimate goal…
Athennian reveals $10 million in financing as legaltech startup sees growth amid pandemic
Athennian, a Calgary-based startup with software geared towards helping law firms manage legal entities, has announced $10…
Vena Solutions secures $25 million USD in financing from CIBC Innovation Banking
Financial planning startup Vena Solutions has closed $25 million USD in growth capital financing from CIBC Innovation Banking.…
Felix & Paul, alliance of global telcos sign deal for immersive International Space Station series
Felix & Paul Studios, which specializes in virtual reality (VR) films, has signed a co-financing and distribution deal…
Xanadu launches photonic quantum cloud platform
Toronto-based quantum computing startup Xanadu on Wednesday announced the release of a publicly available photonic quantum…
ProNavigator raises $5.6 million to tackle United States insurance market
Kitchener InsurTech startup ProNavigator has closed a $5.6 million CAD financing round to help it increase its presence in…