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…
Funding
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…
Fredericton-based Resson receiving up to $370,000 from NB government to create jobs
Fredericton-based Resson, which helps agriculture service providers and individual growers use predictive analysis for crop…
MineSense closes $23.5 million to reduce CO2 emissions in mining
Vancouver-based MineSense, a company that provides data analytics systems for the mining industry, has closed a $23.5 million…
Home healthcare platform AlayaCare raises $13.8 million Series B
Toronto-based AlayaCare, which provides cloud software for home care providers, has raised a $13.8 million Series B led by…
New Brunswick government commits $10 million to Build Ventures Fund II
The New Brunswick government announced it is committing $10 million to Build Ventures Fund II, which provides early-stage funding…