Toronto-based home healthcare platform AlayaCare receives $750,000 from FedDev Ontario
Toronto-based AlayaCare, which has developed a cloud-based software for healthcare providers, has just received an investment…
Funding
Borrowell raises $57 million from Portag3, FirstOntario Credit Union
Borrowell has raised $57 million as it looks to expand its free credit and loan offerings to more customers. The company raised…
Ada Support raises $2.5 million to develop AI chatbot for customer support requests
Toronto-based Ada Support, which has developed an AI-powered chatbot that delivers automated responses to customer support…
McGill University’s X-1 Accelerator receives $2 million from John Dobson Foundation
The McGill Dobson Centre for Entrepreneurship has received a $2 million donation from the John Dobson Foundation, which supports…
PwC MoneyTree report: AI “gold rush” might save a sluggish 2017 in VC deals
According to CB Insights and PwC’s Canada’s latest MoneyTree report, 2017 is off to a slow start for VC funding in Canada.…
Ottawa-based GaN Systems receives strategic investment from BMW i Ventures
Ottawa-based GaN Systems has received a strategic investment from BMW i Ventures, BMW’s CAD $725 million venture capital…
Four Alberta-based incubators receive combined $1.5 million in funding
Four Alberta-based startup incubators are getting a financial boost to foster innovation and entrepreneurship in the province.…
contextere raises $1.38 million from Lockheed Martin to develop AI assistant for aerospace workers
Ottawa-based contextere, an IoT software company developing a personal assistant for industrial employees, has raised $1.38…
Highmark Interactive raises $2 million to treat people with brain injuries using video games
Toronto-based Highmark Interactive, a digital therapeutics company that uses video games to help people with concussions and…
FreshBooks raises $57 million to invest in North American expansion
FreshBooks has raised a $57 million CAD funding round led by existing investor Georgian Partners, with participation from Accomplice…
Zoom.ai wins $100,000 grand prize at OpenText Enterprise World Pitch Contest
Toronto-based Zoom.ai, which has developed an automated virtual assistant that helps users offload menial administrative tasks,…
Former Shopify employees raise $8 million Series A for Cover
San Francisco-based Cover, which provides insurance recommendations via a mobile app, has raised an $8 million Series A funding…
Assent Compliance raises $40 million Series B round, plans to hire 100 people
Ottawa-based Assent Compliance, which provides enterprise compliance SaaS software and data management solutions, has raised…
TandemLaunch and Mistral Venture Partners announce partnership, invest in Montreal-based Stratuscent
Montreal-based seed investor and incubator TandemLaunch has announced a partnership with Ottawa-based Mistral Venture Partners,…
Slack announces seven more companies backed through $106 million fund
In a blog post, Slack has revealed the seven new companies backed through its $106 million ($80 million USD) Slack Fund, which…