Canadian banks announce plans to create $1 billion Canadian Business Growth Fund
Canadian banks and insurance companies announced their intent to create a fund dedicated to investing up to $1 billion in Canadian…
Funding
ScaleUP Ventures closer to $75 million fund target after $25 million boost from Ontario government
Toronto-based ScaleUP Ventures (SUV) announced today a second close of $32.25 million for its ScaleUP Ventures Fund, which…
Arlene Dickinson surpasses $25 million goal for first VC fund
Venture Communications CEO and former Dragons’ Den star Arlene Dickinson has raised $26 million for her first venture…
Sensibill raises $17.3 million Series A to help banks and customers contextualize receipt data
Toronto-based Sensibill has raised a $17.3 million Series A in a round led by Information Venture Partners and OpenText Enterprise…
Today in funding ($17.8M): Appili Therapeutics, Enbala Power Network, Sofdesk
This week, several Canadian startups made significant funding announcements. Here’s the latest on who raised how much, and…
Vanedge Capital closes $161 million second fund
Vancouver-based Vanedge Capital has closed its $161 million second fund. Participants in the fund include BDC Capital, Export…
Roadmunk raises $1.5 million to help companies visualize their product roadmap
Toronto-based Roadmunk, which provides a visual platform allowing organizations to collaborate on their product roadmap, raised…
Collage raises $5 million from Diagram to sate insurance industry’s appetite for digital solutions
“Our thesis is that all small businesses should have benefits.” It’s a simple thesis, but one that’s driven…
Today in funding: MineSense, Propulse Analytics, NRStor, SecureKey
This past week, startups all across Canada got a boost with rounds of funding. Here’s the latest on who raised how much,…
BCIC Ignite award winners receive $2.6 million to commercialize natural resource research
The BC Innovation Council has announced the three winners of its second Ignite Awards, giving out just over $873,000 to BC…
Dejero raises $14 million to help media companies become more mobile
Waterloo-based Dejero Labs has received a $14 million investment from Toronto-based Wellington Financial. Dejero targets media…
MaRS nets $290 million West Tower financing to repay government loans
MaRS announced today that it has completed private financing of $290 million from several Canadian insurance companies, which…
Wiivv raises $5.2 million Series A, acquires Arizona-based competitor
Vancouver-based Wiivv, which offers custom 3D printed insoles, has announced a fresh $5.2 million CAD ($4 million USD) Series…
Today in funding: The Money Finder, Leankor, Integrate.ai, CSDC Systems
This past week, startups all across Canada got a boost with rounds of funding. Here’s the latest on who raised how much,…
Ontario investing $75 million over five years in big data initiatives
Ontario announced that it’s launching a new strategy to support researchers by helping them turn their discoveries into…