Today in funding: dcbel, Milk Moovement, Virtual Gurus, MazumaGo, Acorn Biolabs
Five Canadian tech startups have recently secured fresh funding to fuel their growth, including dcbel, Milk Moovement, Virtual…
Funding
Indigenous Growth Fund raises $150 million in first close to support Indigenous entrepreneurs
A social impact fund dedicated to Indigenous entrepreneurs has raised $150 million in its first close. The fund, called the…
Following a year of growth, healthtech startup My Intelligent Machines raises $5 million
My Intelligent Machines (MIMs), a healthtech and artificial intelligence startup based in Montréal, has raised $5 million…
Nicoya promised additional funding from federal government to develop COVID-19 test
Kitchener-Waterloo-based healthtech startup Nicoya has announced it is set to receive more financial support and advisory services…
Content creation platform ContentFly raises $11.2 million CAD Series A round
Toronto-based ContentFly, which offers an on-demand content creation platform, has closed an $11.2 million CAD ($9 million…
Thinkific aims to raise $160 million CAD through TSX IPO
Vancouver’s Thinkific Labs is looking to raise $160 million CAD through its upcoming initial public offering (IPO) on the…
Deeplite raises $7.5 million CAD seed round to optimize deep neural networks
Montréal-based Deeplite has raised $7.5 million CAD ($6 million USD) in seed funding as the startup looks to accelerate its…
DMZ startups reach milestone of $1 billion in collective funding
Eleven years after the Toronto incubator was founded, alumni and current portfolio companies of Ryerson University-based nonprofit…
QRA Corp secures $3.76 million to meet rising demand for its product engineer software solution
Halifax-based enterprise software developer QRA Corp has raised $3.76 million CAD ($3 million USD) in financing as the startup…
Loopio secures $252 million to accelerate its growth in RFP software market
Toronto-based B2B software startup Loopio has secured a $252 million CAD ($200 million USD) strategic investment from Sumeru…
With Fortune 500 clients, revenue growth, Tasktop raises $126 million CAD in growth equity
Tasktop has raised $126 million CAD ($100 million USD) in growth equity financing, following several years of significant growth…
Inovia, Shopify back delivery startup Swyft in $22 million Series A round
Swyft, a Toronto-based digital logistics startup, has raised $22 million CAD ($17.5 million USD) in Series A funding in a round…
Playmaker Capital closes $24 million private placement, plans to go public on TSXV
Toronto-based digital sports media company Playmaker Capital has raised $24 million in financing via private placement, as…
Payfare’s IPO reaches $75.2 million following exercise of over-allotment option
Toronto FinTech startup Payfare’s initial public offering (IPO) has increased to $75.2 million following an over-allotment…
Diagram Ventures latest Canadian firm to concentrate on existing portfolio with $60 million for new Opportunity Fund
Diagram Ventures has secured $60 million CAD in the first close of its latest fund as the Montréal-based venture builder looks…