Canadian-founded LogDNA closes $9 million CAD Series A
LogDNA, an intelligent logging system targeting DevOps teams, has closed $8.9 million ($7 million CAD) in Series A funding…
Funding
Nekso wants to close a $25 million round
Nekso is a ride-hailing service that integrates taxi lines, passengers, and drivers into one unified app. Operating under Toronto-based…
SHM Controls closes $800,000 for smart heating system rollout
SHM Controls Inc. (SHM), a Vancouver-based smart heating system provider, announced that it has closed $800,000 in funding,…
Today in Funding ($40M): Appili, Finn.ai, Goldmoney, Askuity, ODX
Every day, BetaKit tracks innovation funding news from across Canada. Here’s the latest on who raised how much, and from…
MoneyTree Q3 report: Strong AI and FinTech funding pushing 2017 back on track
According to CB Insights and PwC’s Canada’s latest MoneyTree report, 2017’s sluggish start may transform into a podium…
Adhawk Microsystems raises $5 million Series A from Intel
AdHawk Microsystems, a company that is developing the world’s first camera-free eye-tracking system, will be receiving over…
Covera raises $1.5 million to help customers overcome boring insurance shopping
Montreal-based Covera, which has a platform that finds annual insurance rates for customers, has raised $1 million in its seed…
Security workforce manager TrackTik raises $7 million
TrackTik, Montréal-based security workforce management platform, has received $7 million in funding. The startup is backed…
Wattpad launches subscription, reportedly looking to raise $50 million with Tencent
Wattpad is looking to raise $50 million CAD from Tencent, according to a report from The Globe and Mail. Tencent will reportedly…
Lightspeed raises $207 million Series D as company preps for IPO
Montreal-based Lightspeed has raised $207 million Series D round. The round was led by Caisse de dépôt et placement du Québec…
Report: Canada among top 10 countries for marketplace expansion
Canada ranked in the top 10 marketplaces for expansion on Hyperwallet’s inaugural 2018 Marketplace Expansion Index. The…
GoDaddy awarding $2,500 to small business ventures
GoDaddy Canada has announced its second annual contest to support Canadian entrepreneurs. The Life Fulfilling Ventures Contest,…
Microsoft Ventures launches competition to fund AI startups
Microsoft Ventures launched a global competition that is looking to invest in startups using AI for intelligent apps, services,…
la Caisse and Desjardins Group launching $75 million FinTech fund
la Caisse and Desjardins Group announced the creation of a $75 million investment fund dedicated to FinTechs and AI applied…
Payment Rails raises $1.1 million, adds ex-PayPal president as board advisor
Toronto-based Payment Rails, which provides an API platform for businesses to send payments to any individual or company around…