Over $20B in funding is available to Canadian tech companies (if you know where to look)
If you’re a Canadian tech company, listen up: there are billions of government dollars available to you, and chances are,…
Funding
Ada closes $19 million Series A to tackle travel and financial customer support
Toronto-based automated customer service startup Ada announced the close of a $19 million Series A round today, led by FirstMark…
Northleaf announces first close of VCCI-backed Venture Catalyst Fund II
Toronto investment firm Northleaf Capital Partners has announced the launch and initial closing of its Northleaf Venture Catalyst…
Kensington Venture Fund II hits $85 million first close, fuelled by government’s VCCI
Toronto-based investment firm Kensington Capital Partners has announced a first close of $85 million CAD for its Kensington…
Osprey Informatics raises $3.75 million in funding
Calgary-based visual monitoring solutions company Osprey Informatics has closed a $3.75 million funding round led by Shell…
Canadian government launches funding competition for agriculture automation tech
Through the Strategic Innovation Fund, the Government of Canada has launched a new funding competition for national scale initiatives…
Faire raises $133 million CAD with Lightspeed Venture Partners and Y Combinator
Retail marketplace Faire has raised a $133 million CAD ($100 million USD) in a Series C round with YC Continuity and Lightspeed…
BCF Ventures reaches $12 million in commitments for its ‘super angel’ fund
Montreal-based super angel fund BCF Ventures has announced that it has increased its potential fund size from $5 million to…
Mysa raises $2 million to develop smart home thermostats
Newfoundland-based smart-home company Mysa has announced that they have secured a second round of investment. The equity funding…
Meal kit delivery service Fresh Prep raises $3.3 million
Vancouver-based meal kit delivery service Fresh Prep has closed its first round of financing, raising $3.3 million through…
ACOA investing $280,500 to help Atlantic Canada companies expand in Massachusetts
The Atlantic Canada Opportunities Agency is investing $280,500 in Nova Scotia Business Inc.’s Scaleup Hub Cambridge program,…
Three 3D development startups get funding from Innovative Solutions Canada
In December 2017, as part of the Innovative Solutions Canada (ISC) challenge program, the National Research Council of Canada…
Ribitt raises $600,000 to help independent retailers offer rewards programs
Toronto-based Ribitt has raised $600,000 in seed round funding from an undisclosed group of angel investors. Ribitt’s…
Prime Minister announces $230 million for Scale AI supercluster
During Montreal’s G7 conference on artificial intelligence, Canadian Prime Minister Justin Trudeau officially announced…
Element AI receives $5 million loan from Canadian government
The Canadian government is providing funding to six Montreal AI companies, including $5 million in a repayable contribution…