iMerciv named winner of Telus $100,000 small business competition
iMerciv was named the winner of the $100,000 top prize at the Telus Pitch competition. The pitch competition was launched with…
Funding
Desjardins wants to invest $500 million over five years in Quebec-based SMEs
Desjardins has announced the creation of the Desjardins Capital SME fund, which will be managed by Desjardins Private Wealth…
Ontario investing $80 million in autonomous vehicle innovation network
Ontario is investing $80 million over five years in the autonomous vehicle innovation network (AVIN) in Stratford. The province…
Solink raises $5 million for surveillance video auditing software
Solink, an Ottawa-based company that develops loss prevention solutions, has announced that it has received $5 million in financing…
Coconut Software closes $4.2 million Series A
Coconut Software announced today the close of a$4.2 million CAD Series A round, led by Toronto-based Information Venture Partners,…
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…
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…