Today in funding: Eavor Technologies, Foko Retail, Motion Gestures, Arolytics, Mogile Technologies
Five Canadian tech startups, Eavor Technologies, Foko Retail, Motion Gestures, Arolytics, and Mogile Technologies, have recently…
Funding
Scale AI, Oceans Supercluster, NGen commit collective $17 million to new projects
Three of Canada’s Superclusters have recently committed new funding for projects and initiatives aimed to bolster Canada’s…
Benevity receives investment from leading impact and sustainability funds as part of Hg deal
Calgary-based corporate social responsibility platform Benevity has received new investments from The Rise Fund and Generation…
Sagard closes $725 million for biopharmaceutical royalty investment fund
Sagard Holdings, the alternative asset manager arm of Power Corporation, has announced the final close of Sagard Healthcare…
RocketRez raises $8.4 million Series A round as it looks to help tourism businesses amid pandemic
Steinbach, Manitoba-based SaaS startup RocketRez has raised an $8.4 million CAD Series A round of funding, bringing the startups’…
NGen commits funding to new $72 million production facility that involves Canadian tech startups
Next Generation Manufacturing Canada (NGen), Canada’s Advanced Manufacturing Supercluster, has committed to invest $16.8…
General Assembly Pizza closes $13 million to scale pizza subscriptions across Canada
Toronto’s General Assembly Pizza (GA Pizza), which touts itself as “the world’s first pizza subscription,” has closed…
Boreal Ventures launches $26 million fund investing in Québec’s early-stage deep tech startups
In partnership with Centech, Boreal Ventures has launched as a new venture capital fund that aims to invest in Québec tech…
Boast.ai secures $100 million credit facility to build Clearbanc for R&D tax credits
Boast.ai has secured a $100 million credit facility to provide companies with up-front loans for their government research…
Private equity firm Novacap raises largest ever fund at $1.865 billion USD
Leading Canadian private equity firm Novacap has closed its latest fund with $1.865 billion USD ($2.37 billion CAD). This marks…
Electronic medical records provider Medfar Clinical Solutions raises $25 million CAD
Walter Capital Partners has acquired a minority stake in Montreal’s Medfar Clinical Solutions, leading a $25 million CAD…
Spark Microsystems raises $17.5 million to accelerate commercialization of wireless transceiver tech
Montreal fabless semiconductor startup Spark Microsystems has raised a $17.5 million CAD equity financing round to bring its…
Felix Health raises $10 million amid increased demand for virtual prescription service focused on stigmatized health issues
Toronto-based healthtech startup Felix Health, which offers users access to treatments for common, but often stigmatized, health…
Today in funding: Sandpiper Ventures, Klir, Gazoduq, UpMeals, Fiddlehead Technology
Five Canada-based tech organizations have recently raised funding to fuel their growth. Here’s the latest on who raised money,…
Federal government invests $55.1 million in 20 cleantech companies
The Government of Canada today announced an investment of $55.1 million to be distributed among 20 cleantech companies from…