Xanadu raises $32 million Series A for quantum cloud computing platform
Toronto-based Xanadu has raised a $32 million Series A round, led by OMERS Ventures, with participation from Georgian Partners,…
Funding
Government’s Social Finance Fund includes support for startups
The federal government recently announced the first organizations that will be responsible for implementing a program created…
Indigenous-owned digital agency Animikii closes $1 million in funding
Victoria-based Animikii, an Indigenous-owned digital agency and social enterprise, has raised $1 million in financing from…
NACCA launches growth fund to support Indigenous startups and entrepreneurs
The National Aboriginal Capital Corporations Association (NACCA) has launched the Indigenous Growth Fund, to support First…
NorthStar wants to take earth and space monitoring service global
NorthStar Earth and Space, a Montreal-based tech startup developing an earth and space platform tracking space debris, has…
Fredericton-based eChart Healthcare raises $800,000 in seed funding
eChart Healthcare, a Fredericton-based startup that has created a solution for staff and families to receive information at…
Live streaming platform Livescale raises $1 million in first round of funding
Montreal-based Livescale, offering a live video platform allowing its customers to broadcast events on multiple social networks…
National aerospace association receives $49 million to build innovation ecosystem
The Aerospace Industries Association of Canada (AIAC), a national organization that promotes and facilitates Canadian competitiveness…
Telehealth startup Dialogue raises $40 million to fuel European expansion
Virtual B2B healthcare startup Dialogue has closed a $40 million funding round led by Caisse de dépôt et placement du Québec…
Borrowell closes $20 million Series B as it tops 1 million users
Toronto-based FinTech startup Borrowell has closed a $20 million Series B consisting of equity and venture debt, co-led by…
Ryerson University cybersecurity hub receives $30 million in public, private investments
Ryerson University has received $30 million in public and private investment to support a new national innovation hub for collaboration…
Government picks American-based Honeywell to test quantum encryption in space
The Canadian Space Agency (CSA) has signed a $30 million deal with American multinational Honeywell for the design and implementation…
College, SMB tech projects across Canada receiving $73 million from federal government
The federal government is investing $73 million to help 90 recipients at colleges, cégeps, and polytechnics across the country…
SmartHalo crowdfunds an additional $1 million for smart biking device
Montreal-based SmartHalo, a smart biking device developer, has successfully crowdfunded $1 million for the second generation…
Traction Guest raises $17 Million CAD Series A for cloud-based visitor management system
Vancouver-based Traction Guest, a cloud-based visitor management system, has raised $17 million CAD Series A funding round.…