TouchBistro raises $17 million Series B to expand sales and marketing team
Toronto-based TouchBistro, which develops an iPad-based PoS app for restaurants, announced a $17 million Series B. The round…
Funding
Toronto-based Flashstock raises $1.5 million to double 50-person team
Toronto-based Flashstock, which provides custom photos and videos for brands, has raised $1.5 million in funding from angel…
Fundthrough raises $24.6 million to support expansion
Toronto-based FundThrough, which allows businesses to get their invoices paid within 24 hours, announced $24.6 million in a…
Today in funding: Naborly, Financeit
Two Toronto-based companies managed to secure fresh rounds of funding. Here’s the latest on who raised how much, and from…
ILKOS Therapeutics $21 million seed round is “record-breaking”, according to CVCA
The Fonds de solidarité FTQ, CTI Life Sciences Fund, and Servier Canada have announced a combined investment of $21 million…
Clearpath Robotics raises $39 million Series B to shift focus to factory material transport
Clearpath Robotics, which builds autonomous vehicles for “dull, dirty, and deadly” jobs, announced CAD $39 million (USD…
Ryerson University receives $36.6 million in government funding to improve infrastructure
Ryerson University has received a total of $36.6 million in funding from the federal and provincial governments. The university…
D-Wave Systems reportedly raises $21 million
According to a report from The Globe and Mail, Burnaby-based D-Wave Systems has raised $21 million. The company, which develops…
#WaterlooRegion’s Dozr eyes U.S. market following $2.5 million seed round from FairVentures
Kitchener-based Dozr, an online platform for construction and agricultural equipment owners, has announced the close of a $2.5…
Montreal-based adtech startup District M raises $8 million in funding
District M, an adtech company that provides programmatic solutions for publishers and advertisers, announced $8 million in…
Canadian government invests $45 million in cleantech companies
Sustainable Technology Development Canada announced that it’s investing a total of $45 million to 17 cleantech initiatives…
Flatbook rebrands to Sonder after $10 million funding round
Montreal-based Flatbook is officially rebranding as Sonder after raising a $10 million funding round. According to Montreal…
Montreal-based Transit raises $2.4 million in funding, launches transit assistant feature
In a Medium post, Montreal-based Transit announced $2.4 million in funding in a round including new investors Accel Partners…
Toronto-based Chefs Plate raises $6 million in funding
Chefs Plate, which delivers gourmet ready-to-cook meal deliveries, today announced $6 million in new funding led by Munich-based…
BDC study: Only two percent of mid-sized businesses succeed in scaling up to 500 employees
A new study by the Business Development Bank of Canada (BDC) found that when compared to 15 years ago, Canadian small and mid-sized…