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,…
Funding
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…
Shift closes $1 million CAD seed round, appoints first CEO
Victoria-based startup Shift has officially closed $1 million CAD in seed funding for its workplace productivity desktop app…
Portag3 sets sights on global FinTech market as it closes $427 million CAD Fund II
Portag3 Ventures has closed a $427 million CAD second fund, the largest FinTech-focused venture capital fund in Canada, and…
Koho adds National Bank and Drive as investors with $25 million CAD Series B extension
Koho has raised an additional $25 million in capital for its Series B, just six months after the initial close of the round…
Coconut Software raises additional $6.5 million CAD in Series A funding
Saskatoon-based startup Coconut Software has raised an additional $6.5 million CAD in what it is calling a Series A2 round.…
Toronto-based intimates startup Knix raises $5.7 million in funding
Toronto-based Knix Wear, which has developed what it calls comfortable intimates for women, has raised $5.7 million in financing,…