Today in funding: SkyWatch, Reshift Security
Two Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how much,…
Funding
Deep Genomics raises $40 million Series B for AI drug discovery platform
Toronto-based AI therapeutics startup, Deep Genomics, has closed a $40 million Series B. This brings the company’s total…
AlayaCare closes $47.9 million CAD Series C extension, acquires Procura
Montréal-based healthtech startup AlayaCare, which develops AI-powered solutions for homecare providers, has closed a $47.9…
Vidyard receives $15 million credit financing from BMO Technology and Innovation Banking Group
Kitchener-based Vidyard, a startup that provides online video hosting for businesses, has received a $15 million credit facility…
Vancouver cleantech company General Fusion raises $85 million CAD Series E
Vancouver-based General Fusion, which is developing what it calls a limitless, clean, emission-free, and cost-competitive alternative…
Today in Funding ($2.25 million): Rally, Morphio, BreatheSuite
Three Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how much,…
Montréal’s Nuvei raises $358 million CAD, reaches $2.65 billion CAD valuation
Montréal-based FinTech company Nuvei has raised $358 million CAD ($270 million USD) in common equity financing. Following…
Second Closet raises $13.2 million to disrupt billion dollar self-storage market
Second Closet has raised $13.2 million in its latest round of funding, as the startup looks to expand its self-storage offering…
Valent Low-Carbon Technologies raises $30 million led by Kensington Private Equity Fund
Valent Low-Carbon Technologies, a Canadian cleantech company focused on renewable fuels and refinery processes, has received…
Vancouver EdTech startup Riipen raises $5 million pre-Series A
Vancouver-based EdTech startup Riipen, which has created an experiential learning platform that allows companies to connect…
Vistara Capital caps technology growth fund at oversubscribed $150 million CAD
Vancouver-based venture firm Vistara Capital Partners, which focuses on growth debt and growth equity, has closed its Vistara…
Chrysalix announces second close of RoboValley Fund, still won’t say how much
Chrysalix Venture Capital, a tech-focused investment firm based in Vancouver, has announced the second close of its Chrysalix…
FlexPay raises $6 million as it looks to attack ‘false declines’ in online payments
Montréal-based FinTech startup FlexPay, which is using AI to help e-commerce and subscription companies reduce credit card…
Cybersecurity startup Zebu secures $5.2 million CAD in seed funding
Kitchener-Waterloo cybersecurity startup, Zebu, has closed $5.2 million CAD ($4 million USD) in seed financing, in the company’s…
BC-based Thoughtexchange raises $20 million Series B
BC-based crowdsourcing software company, Thoughtexchange, has raised $20 million in Series B financing. The round was led by…