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…
Funding
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…
Drop launches in the US with $5.5 million from Sierra Ventures, Portag3
Toronto-based Drop, a mobile app that allows users to collect points on top of their usual loyalty programs, has launched in…
Swept raises $2.5 million to tackle employee turnover in the cleaning industry
Swept has raised a $2.5 million seed round led by iNovia Capital with Afore Capital. Swept initially launched as Clean Simple…
Nuco raises $27 million to build interoperable blockchain network
Toronto-based Nuco has raised $27 million CAD to build its interoperable blockchain network, called Aion. The goal is to build…
TD dedicating $3.25 million to helping early-stage FinTechs navigate patents
As Canadian banks race to stay ahead of FinTech disruption, TD has made several announcements in an effort to get closer to…
Goldmoney announces $30 million in financing to fuel blockchain offerings
Toronto-based Goldmoney, a gold-based payments and savings platform that allows users to acquire, store, and spend gold stored…
NACO partners with CABI to connect Canada’s early-stage funding ecosystem
As the Canadian funding landscape has evolved, the National Angel Capital Organization and the Canadian Acceleration and Business…
Wysdom.AI raises $8.5 million to bring AI to customer support
Following a rebrand, Toronto-based Wysdom.AI (formerly known as CrowdCare) has raised $8.5 million. The round was led by ScaleUP…
Legal Innovation Zone launches $80,000 AI Challenge
The Legal Innovation Zone has launched the Ontario AI Legal Challenge, which offers $80,000 in seed funding to a team using…
Canadian gov’t says Facebook, DMZ set to partner on digital news incubator
Minister of Canadian Heritage Mélanie Joly today announced the government’s new approach to cultural policy called Creative…
Toronto-based Trellis raises $2.5 million from Snoop Dogg’s venture firm
Toronto-based Trellis, which provides cannabis inventory management software, has raised $2.5 million led by Casa Verde Capital.…