Eigen Innovations raises $3.5 million
Eigen Innovations, which helps manufacturers tackle production issues using IoT technology, has closed $3.5 million in a round…
Funding
TD investing $2.5 million in CDL’s health stream
TD has announced a number of investments in the Canadian tech and innovation space. Over five years, TD will invest a total…
Today in funding ($16M): Cinchy, TwentyBN
Two Toronto startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how much,…
NACO announces Angel of the Year, most promising startup awards
The National Angel Capital Organization has announced the recipients of its NACO Awards, which recognizes contributions and…
Storyflow raises $500,000 for voice app entertainment platform
Toronto-based Storyflow has raised $500,000 in seed funding led by Ripple Ventures. Storyflow provides a central hub for building…
Chrysalix announces first close of $120 million USD fund
Vancouver-based Chrysalix Venture Capital has closed announced the first close of its target $155 million CAD ($120 million…
Canadian government invests $25 million in Creative Destruction Lab
The Canadian government is investing $25 million in the University of Toronto’s Creative Destruction Lab. The government…
SDTC invests $58.6 million in 14 Canadian cleantech companies
Sustainable Development Technology Canada has announced the 14 Canadian cleantech companies receiving $58.6 million in funding…
CrowdRiff raises $11.6 million to help travel brands source photos in an Instagram world
Toronto-based CrowdRiff has raised an $11.6 million Series A round as the visual content marketing company looks to expand…
Kooltra raises $6.5 million to modernize foreign exchange industry
Toronto-based Kooltra has raised a $6.5 million institutional round as the company looks to update the legacy infrastructure…
Slice Labs raises $25 million CAD to help insurers reach the gig economy
Insurance cloud platform provider Slice Labs has raised $25 million in a Series A extension. The company raised a $15 million…
Former Shopify employees raise $20 million CAD for insurtech startup Cover
San Francisco-based Cover—which was founded by Canadians and former Shopify employees Karn Saroya and Anand Dhillon—has…
University of Ottawa opens STEM Complex with $51 million from federal government
The University of Ottawa has completed construction of its STEM complex. The University of Ottawa received an investment of…
iRestify raises $1 million to help businesses book professional cleaners online
Toronto-based iRestify has raised $1 million in seed funding for its platform, which allows businesses to book insured cleaning…
Volta Air wins $110,000 grand prize at Innovate BC-New Ventures competition
Richmond-based Volta Air, which develops electric and zero-emission transport refrigeration units for delivery use, received…