Quantum startup Qoherent wins $100,000 investment prize at 10th-annual Startupfest
Startupfest has announced the winners of several pitch competitions and awards at its 10th-annual festival, which was held…
Funding
BDC commits $160 million to fund IP development in Canada
BDC Capital has committed $160 million in intellectual property (IP) development financing to support IP-rich companies scaling…
BuyBack Booth secures $5.2 million in seed funding to bring smartphone diagnostic robot to market
Montreal’s BuyBack Booth, which provides artificial intelligence-based (AI) mobile phone evaluations at point-of-trade,…
Today in funding: Sampler, DivDot, Hardbacon
Three Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how much,…
Security software company GoSecure raises $27 million CAD Series E
Montreal-based GoSecure, which has developed a cybersecurity managed detection and response (MDR) software platform, has closed…
Sustainable Development Technology Canada invests in 17 cleantech startups through seed fund
Seventeen Canadian cleantech startups have received funding from the federal government through Sustainable Development Technology…
Willful raises $800,000 to help grow digital estate planning business
Willful, which provides online will and estate planning, has raised $800,000 in seed financing. The round was led by Montreal-based…
Drivewyze, Intelligent Imaging Systems raise $81.7 million CAD from Sageview Capital
Edmonton-based Intelligent Imaging Systems (IIS) and its subsidiary, Drivewyze, which develops safety and efficiency solutions…
Swyft raises $3 million CAD to expand same-day delivery software
Toronto-based digital logistics startup Swyft, which connects merchants to existing courier networks, has closed a $3 million…
Foxquilt raises $3.5 million for B2B insurance tech platform
Toronto-based InsurTech startup Foxquilt, which offers a platform designed to help businesses save on insurance, has raised…
Bridgit closes $9.4 million CAD strategic investment led by Autodesk
Kitchener-Waterloo-based Bridgit, which offers a project management platform for construction businesses, has raised $9.4 million…
Untether AI closes additional $9.4 million CAD from Radical Ventures, Intel Capital
Toronto-based artificial intelligence (AI) hardware startup Untether AI has closed an additional $9.4 million CAD ($7 million…
Foodee secures $13 million to weather COVID-19, fuel acquisition of US competitor Chewse
Foodee, a Vancouver-based corporate catering tech startup, has closed $13 million CAD in funding and revealed its acquisition…
FedDev commits $4.5 million to support Franco-Ontarian SMEs through regional recovery fund
Three organizations in southern Ontario have been selected to receive a cumulative $4.5 million investment from the federal…
Nine projects to receive $28.8 million as part of Advanced Manufacturing Supercluster investment
Nine Canadian manufacturing projects have been approved to receive a cumulative investment of $28.8 million from Next Generation…