British private equity investor Hg to acquire controlling stake in Benevity
Private equity firm Hg is set to acquire a majority controlling stake in Calgary-based corporate social responsibility software…
Funding
Canadian Council for Aboriginal Business receives $500,000 investment from Facebook Canada
The Canadian Council for Aboriginal Business (CCAB) has received a $500,000 investment from Facebook Canada, designed to establish…
GoSecure raises $14 million, bringing Series E to $35 million USD
Montreal-based GoSecure, which has developed a cybersecurity managed detection and response (MDR) software platform, has raised…
Event platform Planned raises $4.7 million as it hopes for return to in-person events
Montreal-based corporate event platform startup Planned has raised $4.7 million CAD in venture financing led by Inovia Capital,…
Velocity to move to new home as part of University of Waterloo, City of Kitchener deal
The University of Waterloo-based incubator Velocity is set to get a new home following the recent announcement of a partnership…
Telus announces $100 million tech-focused social impact fund
Telecommunications giant Telus has announced a new $100 million corporate venture capital fund focused on investing in early-stage…
3iQ’s Bitcoin Fund raises $75 million in treasury offering
The Bitcoin Fund, Canada’s first regulated Bitcoin investment fund, created by Toronto-based FinTech company 3iQ last year,…
Loblaw partners with Gatik to bring first autonomous delivery fleet to Canada
Palo Alto-based startup Gatik has signed a deal with Canada’s largest food retailer, Loblaw Companies Limited, to launch…
FinTech and healthtech startup Aya comes out of “stealth” with $3.7 million CAD in seed financing
Toronto-based Aya, which creates payments solutions and program administration for employee benefits packages, has raised a…
Silofit announces $3.5 million seed extension, adds two Toronto locations
Montreal-based startup Silofit announced a $3.5 million seed extension Monday, adding to the $1 million it raised in 2019 through…
Google Canada commits $3.9 million CAD to AI research institute Mila
Montréal-based artificial intelligence (AI) research institute Mila has received a $3.9 million CAD ($3 million USD) grant…
PenderFund Capital launches new tech-focused venture group, closes $25 million fund
Vancouver-based public and private asset manager PenderFund Capital Management has officially unveiled a new venture capital…
Construction tech startup Falkbuilt raises $14 million CAD Series A
Calgary-based construction tech startup Falkbuilt, has raised $14 million CAD in Series A financing. The round has closed with…
Thoughtexchange closes additional $4 million, bringing Series B round to $34 million
BC-based crowdsourcing software startup Thoughtexchange has closed an additional $4 million in new Series B financing. The…
VPN startup Tailscale raises $14.5 million CAD Series A
Tailscale, which has developed what it calls “a new kind of corporate VPN,” has closed a $14.5 million CAD ($12…