Today in funding: Ratesdotca, Damon Motorcycles, Forma.ai, Vegano Foods, Dispension, GenXys, DeFi Ventures
Seven Canadian tech companies, Ratesdotca, Damon Motorcycles, Forma.ai, Vegano Foods, Dispension, GenXys, and DeFi Ventures…
Funding
D-Wave receives $40 million from federal government for quantum computing tech
Burnaby, BC-based D-Wave Systems has secured $40 million from the Government of Canada to support its quantum computing systems…
PitchPoint Solutions secures $4.5 million from CIBC Innovation Banking to grow fraud prevention service
Toronto and Florida-based FinTech company PitchPoint Solutions has secured $4.5 million in financing from CIBC Innovation Banking…
Koho secures $70 million Series C to scale adoption of its digital banking services
Koho has secured $70 million CAD in Series C financing, which sources estimate put its post-money valuation at $300 million.…
BrandProject raises $54 million CAD venture fund focused on early stage investing
BrandProject, a Toronto-based investment firm, has raised $54 million CAD ($43 million USD) in the final close of its first…
Heyday AI raises $6.5 million CAD seed extension to bring its chatbot software to more retailers
Heyday AI, a retail tech startup based in Montréal, has extended its seed round by $6.5 million CAD ($5.1 million USD). With…
Wrapbook raises $34 million CAD to capitalize on digital transformation in entertainment industry
Wrapbook, a Toronto and New York-based startup at the intersection of entertainment and FinTech, has raised a $34 million CAD…
Trufan looks to consolidate audience analytics products with $2.3 million CAD seed round
Toronto-based startup Trufan has raised a $2.3 million CAD seed round of funding, as the company looks to consolidate its two…
As online pharmacy space heats up, Toronto startup launches “Shopify for pharma” platform
Toronto-based healthtech startup Locke Bio has emerged from stealth mode as it looks to become the “Shopify for pharma”…
CorVista Health closes $65 million Series C to bolster AI-powered cardiac diagnostic platform
Toronto-based healthtech startup CorVista Health (formerly Analytics 4 Life) has raised a $65 million USD Series C round led…
Mednow closes $37 million IPO as it’s set to list on TSXV
Toronto-based healthtech startup Mednow has closed its initial public offering, raising approximately $37 million CAD at a…
Today in funding: SomaDetect, Metis, CoinSmart
Three Canadian startups have recently announced fresh funding rounds to fuel their growth. Here’s the latest on who raised,…
Snapcommerce secures $107 million to build a mobile commerce leader
Snapcommerce (formerly Snaptravel) has secured $107 million CAD ($85 million USD) in growth funding, signalling confidence…
After a year of rapid growth, Athennian extends Series A round by $7 million
Calgary-based legal software startup Athennian has added $7 million CAD to its Series A round of funding as it sees continued…
Raven closes $25 million venture fund for Indigenous entrepreneurs
Raven Indigenous Capital Partners (Raven) has closed a new $25 million CAD fund that aims to invest in innovative early and…