Today in funding ($400,000): MadLipz, Parlay
Two Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how much,…
Funding
Spocket raises $1.5 million to power dropshipping for retailers
Like most entrepreneurs, Saba Mohebpour founded his company out of a problem he experienced himself. While trying to open his…
Hex Capital launches $10 million crypto assets fund
Vancouver-based Hex Capital, which invests in early-stage crypto assets and blockchain companies, has launched with a $10 million…
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…
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…