Builders VC Fund I receives Canadian LP support as firm opens Calgary office, adds local partner
Alberta Enterprise Corporation and BDC Capital announced LP investments in US VC firm Builders VC‘s Fund I just before…
Funding
McMaster University’s The Forge startup incubator receives $1.2 million to expand makerspace
Through FedDev Ontario, the Government of Canada committed up to $1.2 million to Hamilton’s McMaster University to expand…
Effenco closes $12 million Series A round with help from government’s cleantech commitments
Montreal-based AutoTech company Effenco has announced the close of a $12 million Series A round of funding. The round was led…
Cybeats raises $3 million to secure IoT devices
Toronto-based IoT cybersecurity startup Cybeats has announced that it has raised $3 million to expand the team locally and…
Clearbanc raises $67 million CAD to service dramatic spike in interest from ecommerce entrepreneurs
A month after raising $92 million, Toronto-based Clearbanc has announced an additional $50 million ($67.28 million CAD) in…
Bicameral Ventures invests in new Aion-powered blockchain browser Metalyfe
Toronto-based Metalyfe announced today that it has received a strategic investment from Bicameral Ventures. Led by Kesem Frank,…
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,…
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…