Federal government, Québec announce $50 million fund to support Montréal small businesses
The Government of Canada and the province of Québec on Monday announced a new $50 million fund meant to support small business…
Funding
Invixium raises $3 million amid growing demand for touchless biometrics fever detection
Invixium, a Toronto-based biometric security products manufacturer that focuses on access control and workforce digitalization…
L’Institut quantique becomes the first IBM Q Hub in Canada
L’Institut quantique (IQ), a research organization located at the University of Sherbrooke in Québec, is joining the IBM…
Digital Technology Supercluster investing in eight new projects through COVID-19 program
Eight new projects focused on addressing the COVID-19 pandemic are receiving investments from the British Columbia-based Digital…
Greeneye Technology raises $7 million USD seed round with Panache Ventures, Techstars
Greeneye Technology, an AgTech startup that offers an artificial intelligence-powered platform to help farmers detect and spray…
Halal FinTech startup Manzil launches private placement offering on FrontFundr
Manzil, a Toronto-based FinTech startup that offers halal financial solutions including mortgages, is offering the public a…
McRock Capital holds final close of Fund II at $112 million
McRock Capital, which invests exclusively in the Internet of Things (IoT) companies, has held the final close for its McRock…
Fashion e-commerce startup BlackCart raises $2.8 million CAD to fast-track platform launch
BlackCart, a Toronto-based fashion and e-commerce startup, is coming out of beta with $2.8 million CAD ($2 million USD) in…
Nesto raises $11.5 million Series A round as it looks to “simplify” the mortgage industry
Nesto, a startup focused on simplifying the mortgage financing experience, raised $11.5 million CAD in Series A financing.…
Poka closes $6.4 million CAD for connected factory worker platform
Poka, a Quebec City-based startup that has developed a “connected workforce” app, has closed $6.4 million CAD. The round…
Montreal’s Vention raises $38 million CAD Series B
Vention, a manufacturing automation tech startup, has raised $38 million CAD in Series B financing. The round was led by Georgian…
Ritual reportedly raises $29.8 million CAD following COVID-19 layoffs
Toronto-based food ordering and mobile pickup startup Ritual has reportedly raised $29.8 million CAD ($22 million USD) from…
Sonic Incytes raises $3.5 million seed round to commercialize liver health assessment device
Sonic Incytes, a medical device startup based in Vancouver, has raised a $3.5 million CAD seed round. This startup’s funding…
Tugboat Logic closes $10.8 million CAD led by Inovia Capital
Tugboat Logic, which provides automated tech for the security assurance market, has raised a $10.8 million CAD ($8 million…
Spiderwort closes $3.4 million CAD in seed financing
Spiderwort, an Ottawa-based healthtech and biomaterials startup, has raised a seed round of funding at $3.4 million CAD ($2.5…