Mortgage startup Homewise secures $3 million, sees “substantial” growth during pandemic
Homewise, a Toronto-based proptech startup that aims to help homebuyers secure a mortgage through its online platform, has…
Funding
Fraction Technologies announces $289 million CAD in debt, equity financing as it looks to disrupt reverse mortgages
Vancouver-based startup Fraction Technologies on Wednesday announced $289 million CAD in a mix of equity and debt financing.…
Purpose Financial secures $53.5 million CAD investment from Allianz X
Toronto FinTech company Purpose Financial has secured $53.5 million CAD from Allianz X, with the German investor acquiring…
Briza raises $10.2 million CAD to address growing demand for insurance carrier APIs
Toronto-based insurtech Briza has raised a $10.2 million CAD ($8 million USD) Series A round as the startup aims to meet significant…
Digital Technology Supercluster invests $2.5 million into new telehealth wound care project
The Digital Technology Supercluster is investing $2.5 million into a new $3.1 million initiative aimed to help wound patients…
Symend eyes global markets with $54 million CAD Series B extension led by Inovia
Fuelled by growing demand for its customer engagement platform for financially at-risk customers, Calgary-based Symend has…
Ledn raises $3.4 million CAD to accelerate the growth of its Bitcoin-backed lending platform
Toronto-based FinTech startup Ledn has raised $3.4 million CAD ($2.7 million USD) in seed funding, as the company looks to…
With $29 million, MAIN Québec renews startup coaching program to support 375 startups
Mouvement des accélérateurs d’innovation du Québec (MAIN Québec) is re-launching its startup coaching program with new…
Cavelo raises $1.3 million pre-seed as it looks to help companies regain control of their data
Cavelo, a Kitchener-Waterloo-based SaaS startup, has raised a $1.3 million CAD pre-seed round of financing. The first-time…
COVID-fuelled growth sees EdTech startup Showbie raise $7.5 million CAD Series A extension
Edmonton-based hybrid learning platform Showbie has added $7.5 million CAD to its Series A as the startup aims to take advantage…
Georgian doubles down on Top Hat with $130 million USD investment as company swaps CEOs
Longtime Top Hat investor Georgian Partners has committed an additional $130 million USD into the EdTech startup following…
Today in funding: Certn, Clover, Flosonics Medical, VEERUM, ChrysaLabs, sMedia
In recent days, six Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who…
MKB closes $100 million for second cleantech-focused fund
Montreal-based private investment firm Mackinnon, Bennett & Company (MKB) has closed $100 million for its second growth…
BlackCart claims $50 million valuation following $11.2 million Series A round
Toronto-based BlackCart, which offers a “try-before-you-buy” e-commerce solution for retailers, has raised an $11.2 million…
Digital Technology Supercluster makes new investment to create $8.7 million tech talent program
The British Columbia-based Digital Technology Supercluster has invested in a new $8.7 million program focused on fostering…