Klipfolio raises $12 million Series B to help SMBs get smarter about metrics
When Klipfolio launched in 2001, the Ottawa-based startup was very different than it is today. As the internet gained mainstream…
Funding
Following $500,000 43North win, Formarum suggests entrepreneurs can be part of rebuilding Buffalo
For the past three years, the 43Northcompetition in Buffalo, New York has invited startups from around the world to pitch for…
Appili Therapeutics raises $2.2 million to develop superbug-fighting antibiotics
Halifax-based Appili Therapeutics has raised $2.2 million in equity financing. According to a report from Entrevestor, Appili…
Delve Labs raises $1.5 million seed round to help companies fight cyber attacks with AI platform
Montreal-based Delve Labs, which develops vulnerability assessment software, announced $1.5 million in seed funding from Real…
Hopper raises $82 million Series C as it celebrates 10 million downloads
Montreal-based Hopper, a mobile app that analyzes and predicts airfare, has secured an $82 million Series C. The Series C was…
Chefs Plate highlights sustainability focus after closing second tranche with InvestEco Capital
After announcing a $6 million Series B in September, Toronto-based Chefs Plate announced that it’s closed the second…
Today in government: Ontario launching open data initiatives in 2017, investing up to $4.5 million in Stereo D
In the past week, the Ontario government made two announcements as part of an ongoing effort to better embrace digital processes.…
Mojio raises $19 million Series A led by Amazon Alexa Fund, Deutsche Telekom
Vancouver-based Mojio has raised a $19 million CAD Series A in a round led by the Amazon Alexa Fund and Deutsche Telekom, a…
Versant Ventures and Bayer AG dedicate $295 million to stem cell therapy company with operations in Toronto
Bayer AG and Versant Ventures are dedicating $295 million ($225 million USD) to launching BlueRock Therapeutics, a stem cell…
Montreal-based Element AI first organization to receive investment from Microsoft Ventures
Microsoft Ventures recently made its first investment as part of a new fund for artificial intelligence initiatives. The Montreal-based…
Fidelity Investments’ Mark Schmehl says VCs should prioritize investing in AI companies
As the number of private Canadian tech startups grows, many founders may wonder whether there are enough investors willing…
Toronto-based AI startup Atomic Reach raises $2 million from angel investors
Toronto-based Atomic Reach — which is building an AI platform that measures content readability — announced that it’s…
Today in funding: Symend, TruLeaf, Beagle
Canadian companies from all over Canada have announced boosts in funding as the year comes to a close. Here’s the latest…
ParDONE announced as winner of Access to Justice Challenge’s $25,000 top prize
In July, Ryerson’s Legal Innovation Zone, in partnership with the Ministry of the Attorney General announced that six…
Scotiabank investing $1 million in OCAD’s design thinking research studio
Scotiabank is dedicating $1 million to developing a Design Thinking Research Studio at OCAD, which will allow the university…