Canadian government announces $221 million Black Entrepreneurship Program
The Government of Canada announced on Wednesday the launch of the Black Entrepreneurship Program, a new three-part initiative…
Funding
US private equity firm Providence Strategic Growth takes majority stake in Wagepoint
Providence Strategic Growth (PSG), the growth equity affiliate of US-based Providence Equity Partners, has secured a majority…
Brightspark closes $60 million for new venture fund
Brightspark Ventures has announced a new venture fund, securing $60 million as part of a third close, with the ultimate goal…
Athennian reveals $10 million in financing as legaltech startup sees growth amid pandemic
Athennian, a Calgary-based startup with software geared towards helping law firms manage legal entities, has announced $10…
Vena Solutions secures $25 million USD in financing from CIBC Innovation Banking
Financial planning startup Vena Solutions has closed $25 million USD in growth capital financing from CIBC Innovation Banking.…
Felix & Paul, alliance of global telcos sign deal for immersive International Space Station series
Felix & Paul Studios, which specializes in virtual reality (VR) films, has signed a co-financing and distribution deal…
Xanadu launches photonic quantum cloud platform
Toronto-based quantum computing startup Xanadu on Wednesday announced the release of a publicly available photonic quantum…
ProNavigator raises $5.6 million to tackle United States insurance market
Kitchener InsurTech startup ProNavigator has closed a $5.6 million CAD financing round to help it increase its presence in…
AutoTech startup Acerta secures $5 million USD of new capital in OMERS-led Series A
Acerta Analytics, which uses machine learning to help automakers perform quality control, has announced a $7 million USD ($9…
Verto Health raises $2 million CAD seed round to better connect healthcare providers, patients
Toronto-based healthtech startup Verto Health has closed a $2 million CAD seed round led by MaRS Investment Accelerator Fund…
AlayaCare secures $15 million debt facility from CIBC Innovation Banking
Montreal-based healthtech startup AlayaCare has secured $15 million CAD in growth capital financing from CIBC Innovation Banking.…
Life sciences-focused ACTO announces $11.5 million USD Series A raised at height of the pandemic
Toronto-based startup ACTO has announced the $11.5 million USD ($15 million CAD) Series A round it closed in April, adding…
SeamlessMD raises $4 million CAD Series A to meet increased demand for digital patient engagement due to COVID-19
Toronto healthtech startup SeamlessMD, which provides a cloud-based patient engagement app, has raised a $4 million CAD Series…
Insurtech Breathe Life raises $11.5 million CAD to accelerate go-to-market strategy
Breathe Life, the Montreal startup that has developed a software-as-a-service (SaaS) platform for insurance carriers, has raised…
Entertainment tech startup Wrapbook raises $4.7 million CAD seed round
Toronto and New York-based Wrapbook, which creates software for workforces in the media production space, has raised a $4.7…