Genesys Capital closes $90 million of its $125 million target for third fund
Toronto-based Genesys Capital, which is focused on investing in seed healthcare startups, announced that it’s closed…
Funding
BDC releases fiscal 2016 results, reveals it made venture capital investments totalling $253.1 million CAD
The Business Development Bank of Canada revealed its fiscal 2016 results, boasting that it delivered its services to a “record…
Impression Ventures raises $20 million fund dedicated to early stage FinTech companies
Toronto-based Impression Ventures Fund II announced the close of $20 million for its fund, which will be dedicated to early…
Ask an investor: should I let angel investors into my VC round?
Welcome to a new BetaKit weekly series designed to help startups and entrepreneurs. Each week, investors Roger Chabra and Katherine…
Shopify raises $246 million through sale of five million shares
According to a report from Ottawa Business Journal, Shopify will raise $246 million through the sale of five million shares.…
Vancouver-based Spark raises $1 million in funding
Vancouver-based Spark, which offers a CRM for builders, developers, and real estate sales people to sell new homes, announced…
RateHub.ca receiving up to $495,000 from the National Research Council of Canada
RateHub, a search engine that allows users to compare prices on financial products, is receiving up to $495,000 from the National…
Bank of Canada encouraging country’s banks to launch private fund for small businesses
According to a report from The Globe and Mail, the Bank of Canada wants the country’s banks to launch a national fund…
Toronto-based Jiffy raises $1 million as it eyes Chicago expansion
Toronto-based Jiffy, which connects homeowners with vetted home professionals in real time, announced that it’s closed $1…
Federal and provincial government part of $189.8 million in new University of Toronto funding
At the University of Toronto today, members of the federal and provincial government — including Minister of Innovation,…
Halifax-based QRA Corp raises $3 million from Atlantic Canada Opportunities Agency
Halifax-based QRA Corp, which develops enterprise software tools for early-stage validation and verification of engineered…
Grand Challenges Canada invests $5 million in six Canadian healthtech companies
Grand Challenges Canada, an organization funded by the Government of Canada that invests in global health companies, announced…
With money from Power and product shipping, Daniel Eberhard awaits the Summer of Koho
Daniel Eberhard walks and talks like a man waiting for a delivery – with polite impatience. Except it’s not a delivery…
LogDNA raises $1.6 million CAD to become “the Apple” of logging systems
After Ryerson University grads Chris Nguyen and Lee Liu snagged the chance to go to join Y Combinator as part of its Winter…
Slack reveals that it’s invested $2 million into 14 Slackbot startups to date
Back in 2015, Slack announced the launch of an $80 million fund specifically for early stage companies building integrations…