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…
Funding
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…
City of Kingston, Cloud DX receive funding from FedDev Ontario for healthtech innovations
On Tuesday, FedDev Ontario announced funding for two separate projects meant to support healthtech innovation in the province.…
TMX Group launches automated platform to help companies secure capital amid increase in private placements
TMX Group, which owns and operates the Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV), has launched TMX dealLINX,…
Amazon invests $3 million CAD, partners with Canada Learning Code, Kids Code Jeunesse, TakingITGlobal on computer science education
Amazon has partnered with Canada Learning Code, Kids Code Jeunesse, and TakingITGlobal to help equip Canadians to navigate…
Tealbook raises $18.2 million CAD as COVID-19 increases demand for supply chain solutions
Toronto-based data startup Tealbook has raised $18.2 million CAD ($14.4 million USD) in Series A financing as it looks to capitalize…
BC’s Kardium raises $115 million USD for heart device technology
Kardium, a British Columbia-based medical device company, has secured $115 million USD from Fidelity Management and T. Rowe…
NGen Supercluster nears two-thirds of $230 million budget committed with new COVID-19 supply projects
The Next Generation Manufacturing Canada (NGen) Supercluster has announced over $27 million CAD in manufacturing tech projects…
Eli raises $1.9 million CAD in seed funding to develop at-home hormone monitoring tech
Eli Science Inc. has raised a $1.9 million CAD ($1.5 million USD) seed round to target the historically underserved women’s…
Paystone secures $69 million as company chases acquisitive growth strategy
Paystone, a London, Ontario and Montreal-based startup that offers customer engagement and payment processing software, has…
Vancouver’s Autozen raises $4.2 million CAD to simplify private auto sales
Autozen, an online marketplace that aims to make it easier for car owners to sell their vehicles, has emerged from stealth…
Vancouver e-commerce brand KITS Eyecare closes $55 million IPO, begins trading on TSX
Vancouver e-commerce retailer KITS Eyecare, a digital eyewear company, has closed a $55 million initial public offering (IPO)…
Bold Commerce raises $35 million CAD Series B backed by OMERS
Once known only as Shopify’s largest app developer, Winnipeg-based Bold Commerce is hoping a $35 million CAD ($27 million…