Mylo raises $750,000 for platform that invests your spare change
Montreal-based Mylo has raised a $750,000 pre-seed round from Ferst Capital Partners, with the participation of FinTech angel…
Funding
GoFetch raises $1.4 million seed round, expands to Toronto
Vancouver-based GoFetch, an online pet sitting marketplace, has just closed a $1.4 million seed round from an undisclosed group…
OMX receives investment from Lockheed Martin for international expansion
Toronto-based OMX, an online platform that helps companies working on government contracts track their compliance with agreements,…
Nymi raises $20 million Series B, founder Karl Martin moves back to CEO role
Nymi has raised a CAD $20 million Series B from GII Tech in Dubai, with participation from Nymi’s Series A investors…
Wealthsimple raises $50 million in funding, announces $1 billion in assets under administration
Wealthsimple has raised a $50 million Series B from Power Financial, and announced that it has $1 billion in assets under administration.…
New Brunswick announces $63.6 million in funding for two innovation agencies
New Brunswick’s provincial government announced that it is making significant investments into two innovation agencies and…
Attendease raises seed round led by 500 Startups Canada
Cloud-based event automation platform Attendease has raised a seed round led by 500 Startups Canada. The round also includes…
Thymox raises $4.6 million Series B funding for international expansion of biodegradable disinfectant
Sherbrooke, Quebec-based Thymox, a company that develops a botanically-derived disinfectant, has just closed a $4.6 million…
BDC and MaRS IAF announce initial $5 million close of women founder-focused fund
BDC and seed-stage investor MaRS Investment Accelerator Fund (IAF) announced the first close of StandUp Ventures Fund I, with…
OMERS Ventures closes $300 million third fund
OMERS Ventures has closed its third fund, confirming $300 million in commitments. OMERS Ventures currently has $800 million…
Universe co-founder launches latest venture, Growlabs, with $3 million in funding
In June 2015, Ben Raffi sold the startup he co-founded, Toronto-based Universe, to Live Nation. Almost two years later, Raffi’s…
Zymeworks raises $80 million CAD in IPO
After announcing plans to raise $110 million CAD in an initial public offering (IPO) last week, Vancouver-based Zymeworks announced…
BDC Capital investing $280 million over two years in Atlantic Canada businesses
BDC Capital announced a $280 million fund for small and medium-sized businesses located in Canada’s four Atlantic provinces.…
Pythian raises $15 million from BDC Capital for European expansion
Ottawa-based Pythian, an IT company that helps businesses compete by adopting disruptive tech such as advanced analytics and…
Canadian gov’t invests $37.4 million in college innovation hubs, research projects
The Government of Canada announced $37.4 million in funding for 37 projects at colleges, institutes, and CÉGEPs across Canada.…