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…
Funding
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 MĂ©lanie 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.…
Dublin-based Jobbio raises $18 million as part of Canadian expansion
Dublin-based careers marketplace Jobbio has raised a $18 million CAD Series A as it looks to scale in the UK and Canada. “It’s…
Analytics 4 Life raises $25 million Series B for AI-powered cardiac imaging tech
Toronto-based Analytics 4 Life has raised a $25 million USD Series B to support its mission of using AI to disrupt medical…
Competitor intelligence platform Klue launches with $4 million in funding
Vancouver-based Klue has launched out of stealth with $4 million in funding. The round was led by OMERS Ventures, with participation…