Portag3 sets sights on global FinTech market as it closes $427 million CAD Fund II
Portag3 Ventures has closed a $427 million CAD second fund, the largest FinTech-focused venture capital fund in Canada, and…
Funding
Koho adds National Bank and Drive as investors with $25 million CAD Series B extension
Koho has raised an additional $25 million in capital for its Series B, just six months after the initial close of the round…
Coconut Software raises additional $6.5 million CAD in Series A funding
Saskatoon-based startup Coconut Software has raised an additional $6.5 million CAD in what it is calling a Series A2 round.…
Toronto-based intimates startup Knix raises $5.7 million in funding
Toronto-based Knix Wear, which has developed what it calls comfortable intimates for women, has raised $5.7 million in financing,…
Today in funding ($10.26 million): Winterlight Labs, Casca
Two Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how much,…
Silofit raises $1 million seed round to develop “world’s first” network of on-demand gyms
Silofit is a Montreal based startup that has created a network of private, on-demand fitness spaces through an app offering…
1Password closes $265 million CAD in first round of institutional funding
After 14 years of organic growth, and attracting the attention of millions of users and more than 50,000 companies, Toronto-based…
Montreal’s Potloc announces $13 million CAD Series A originally closed in July
Potloc, a startup that conducts market research using geo-targeted surveys, has announced its $13 million CAD Series A funding…
Ottawa-founded Threekit raises $20 million USD for product visualization platform
Threekit, an Ottawa-founded product visualization software platform company that targets e-commerce brands, has closed a $20…
Stradigi AI closes $53 million CAD Series A, with support from will.i.am
Montreal-based artificial intelligence provider Stradigi AI has closed a $53 million CAD in Series A funding round led by Fonds…
A cautionary tale of high valuations
Early-stage companies face countless challenges in their journey to success. Attracting talent, overcoming delays, reaching…
Facedrive in strategic partnership with Will Smith, Jada Pinkett Smith’s content company
Toronto-based ridesharing company Facedrive has made an investment in Westbrook Global, a content creation company co-founded…
Chip startup Untether AI announces $9.2 million in funding closed in May
Toronto-based chip startup Untether AI recently announced that it has raised an additional $9.2 million CAD ($7 million USD),…
BDC spinout Amplitude Ventures closes half of newly-launched $200 million health fund
Amplitude Ventures, a Montréal-headquartered investment firm focused on health and the life sciences sectors has announced…
Coveo raises $227 million CAD to pursue “aggressive” growth in AI e-commerce market
Unlike some other Canadian AI companies, Coveo has flown relativity under the radar since it was founded in 2005. That hasn’t…