Canadian startup funding in 2017: A city-by-city ecosystem review
In January, PwC Canada and CB Insights released the MoneyTree report analyzing Canadian VC activity for Q4 and all of 2017.…
Funding
Indigo Fair raises $12 million to help independent retailers source products from creators
Indigo Fair, which has offices in Kitchener and San Francisco, has raised a $12 million USD Series A from co-led by Forerunner…
RBC offering NACO angel-backed companies access to credit, resources
RBC and NACO have entered into a partnership with the goal of supporting NACO angel-backed companies. RBC will provide NACO…
Gov’t dedicating $500,000 to Canada-India exchange program for women founders
The Canadian government is investing $500,000 towards a program that helps Indian and Canadian women entrepreneurs expand into…
Wealthsimple raises $65 million from Power Financial, bringing total investment to $165 million
Robo-advisor Wealthsimple has raised $65 million, bringing the company’s total investment to $165 million. The company…
Ratio.City receives $100,000 from Communitech Fierce Founders Bootcamp Pitch Competition
Communitech has announced the winner of the $100,000 prize for the pitch competition for its Fierce Founders bootcamp, which…
Federal gov’t announces winning supercluster proposals
The federal government has unveiled the five winning superclusters that will receive a part of $950 million from the superclusters…
Unsplash raises $6.25 million Series A, will top up with $1 million SimpleTokens
Unsplash has announced a funding round that includes tokens as the company looks to monetize its free stock photo platform.…
Today in funding ($4.1M): GoFetch, Hack Capital
In the past few weeks, two Vancouver startups got a boost with rounds of funding. Here’s the latest on who raised how much,…
Dialogue raises $12 million to push employee healthcare service across Canada
Montreal-based Dialogue has closed $12 million in Series A funding as it looks to fuel its growth. White Star Capital led the…
Loopio raises $11 million CAD to help enterprises streamline the RFP process
Toronto-based Loopio has raised $11 million CAD from Boston-based OpenView, an expansion stage VC fund. Loopio wants to use…
Frank And Oak raises $20 million to invest in personalized shopping features
Montreal-based Frank And Oak has raised $20 million as it looks to grow its business both in-store and online. The funding…
Salesforce wants to invest $2 billion towards growing its business in Canada
Salesforce has announced that it’s investing $2 billion over five years towards growing its business in Canada. The San…
Coinsquare announces $30 million in funding, new executive hires
Cryptocurrency exchange Coinsquare has closed an equity financing round with Canaccord, raising a total of $30 million. Coinsquare…
Halifax-based Appili Therapeutics raises $4.3 million to develop solutions for antibiotic resistance
Halifax-based Appili Therapeutics, which is developing and commercializing anti-infective drugs, has raised $4.3 million. The…