Slack raises $427 USD million with $7.1 billion USD valuation
Slack has raised $427 million USD in a Series H round led by Dragoneer Investment Group and General Atlantic, according to…
Funding
Canvass Analytics raises $6.5 million CAD from Google’s Gradient Ventures
Toronto-based Canvass Analytics has raised $6.5 million CAD from Google’s AI-focused Gradient Ventures, the firm’s…
Opportunities NB, Fredericton Knowledge Park building $37 million cybersecurity hub
The Greater Fredericton Knowledge Park—a 26-acre campus dedicated to providing space for startups and scaleups—is building…
Ex-Shopify leaders launch $10 million angel fund Ramen Ventures
A new $10 million angel fund founded by two ex-Shopify leaders is hoping to give back to the Toronto tech ecosystem by helping…
Impak Finance raises $1.1 million from angel investors
Montreal-based Impak Finance has received $1.1 million from angel investors for its social impact platform. Participants in…
Kin announces 40 participants in Kin Developer Program
The Kin Foundation, Kik’s non-profit governance body overseeing the Kin cryptocurrency, has announced the 40 developers that…
Venture for Canada receives $300,404 from ACOA
The Canadian government announced an investment of $300,404 into Venture for Canada, an organization dedicated to recruiting…
VFF closes $31 million Fund II
The Vancouver Founder Fund (now just VFF) has officially closed its second fund at $31 million CAD. Launched in 2015 by Recon…
Federal, NB government commit $4 million to establish cybersecurity centre
The Canadian government announced it is committing $3.1 million to establish a Cybersecurity Innovation Centre in Fredericton.…
US insurance giant Travelers acquires majority stake in Zensurance
Toronto-based Zensurance has secured significant financing from American insurance giant Travelers, BetaKit has learned. Documents…
City of Toronto using Fundica API to help Toronto entrepreneurs access funding
Montreal-based Fundica, which helps Canadian businesses find funding opportunities, announced that the City of Toronto has…
Cybersecurity platform HYAS receives $475,000 from Western Innovation Initiative
Victoria-based HYAS, which develops intelligence tools to help InfoSec and cybersecurity professionals identify threats and…
Centre québécois d’innovation en biotechnologie receives $1.4 million from Canadian government
The Canadian government is investing $1.4 million in the Centre québécois d’innovation en biotechnologie. Based in…
Chinova Bioworks raises $2.6 million to develop mushroom-based preservative
Fredericton-based Chinova Bioworks, which is developing a mushroom-based natural preservative for food and beverages, has raised…
Relogix raises $1.4 million to help enterprises understand how employees use workspaces
Kanata-based Relogix, which has developed a solution to provide data-driven insight into how employees use a workplace, has…