Flexiti Financial raises $6.25 million to scale POS lending platform for retailers
Toronto-based Flexiti Financial, which provides point-of-sale financing and payment technology for retailers, has secured a…
Funding
Canada Council for the Arts investing $88.5 million towards digital transformation of Canada’s art sector
The Canada Council for the Arts has established the Digital Strategy Fund, which is dedicated to helping Canadian artists,…
RentMoola raises $5 million to accelerate growth in North America
RentMoola has raised a $5 million funding round led by Calgary-based TriView Capital. The company said the funding will further…
CoPower raises $2 million for clean energy investment platform
CoPower, a clean energy financing and investment company, has raised $2 million in equity financing to scale its investment…
Slack reportedly raising $250 million with $5 billion valuation
Slack is reportedly raising $250 million USD, according to a report from Bloomberg. The funding round would put Slack at a…
Cyclica raises additional $2.25 million for platform that predicts drug effectiveness
Toronto-based Cyclica, which has developed a predictive analytics platform that can model and predict the effectiveness, side…
Victory Square’s Shafin Tejani announces $75,000 fund to help launch SFU’s girls tech camp
Shafin Diamond Tejani, CEO and founder of Victory Square Technologies, has just established a $75,000 matching fund to help…
SnapTravel raises $10 million to invest in machine learning capabilities for travel chatbot
Toronto-based SnapTravel, which lets users find and book hotels over SMS and Facebook Messenger, has just raised a $10 million…
Greenspace raises $1.4 million to match patients with the right therapists
Toronto-based Greenspace has closed a $1.4 million seed round from Prime Quadrant LP to expand its mental health care platform.…
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…
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…