Today in funding: Oneka, Rootly, Convergence.Tech, Bird&Be, Rithmik, Scatr, Sonero
Seven companies with Canadian roots have recently secured fresh funding to fuel their growth. Here’s the latest on who raised…
Funding
Float secures $5 million seed round to make corporate credit cards less of a headache
Toronto FinTech startup Float has secured $5 million to bring a Brex-like offering to the Canadian market. Formerly named Journal,…
Computer vision startup Algolux secures $23 million CAD Series B round
Montréal-based computer vision startup Algolux has raised $23 million CAD ($18.4 million USD) in a Series B funding round…
Tetra Trust to become Canada’s first qualified crypto custodian, raises funding from Coinbase, Mogo
Calgary-based FinTech startup Tetra Trust said it has received regulatory approval from the Government of Alberta to store…
Swarmio aiming to go public on Canadian Securities Exchange
Halifax-based video game tech startup Swarmio Media revealed it intends to go public on the Canadian Securities Exchange (CSE),…
WeCommerce closes $33.7 million bought deal financing to acquire more Shopify ecosystem companies
Victoria-based holding company WeCommerce has secured about $33.7 million in funding following the close of a previously announced…
Clearco secures $268 million CAD in round led by SoftBank
Clearco has secured $268 million CAD ($215 million USD) in a new round of equity capital led by SoftBank Vision Fund 2. The…
Active Impact Investments closes second fund, securing $54 million
Vancouver’s Active Impact Investments has closed its second fund, securing an additional $13 million CAD to support early-stage…
Esplanade HealthTech Ventures highlights Fund I portfolio growth as firm prepares to raise Fund II
Led by the founder of Medisys Health Group and co-founder of Persistence Capital Partners, Montréal-based Esplanade HealthTech…
Call centre software provider ReadyMode secures $4 million in venture debt
ReadyMode, which provides call centre software, has secured $4 million CAD in venture debt to scale its cloud-based platform…
VerticalScope increases IPO to nearly $144 million following exercise of over-allotment
VerticalScope, which went public on the Toronto Stock Exchange (TSX) a few weeks ago, has boosted the total size of its initial…
EDC commits $200 million to new Inclusive Trade Investments Program
Export Development Canada (EDC) has committed $100 million CAD in fresh funding towards equity support for underrepresented…
LifeSpeak goes public on TSX, closes $125 million public offering
Toronto-based employee wellness software company LifeSpeak began trading on the Toronto Stock Exchange Tuesday, after closing…
Today in funding: FightCamp, Fobi, Caary, Plantiga, and more
Thirteen Canadian-founded tech companies have recently secured funding. Here’s the latest on who raised money, how much,…
Paper closes $123 million CAD to provide more equitable education support through tech
Montréal-based EdTech startup Paper has closed $123 million CAD ($100 million USD) in Series C financing, as the company looks…