BDC study: Only two percent of mid-sized businesses succeed in scaling up to 500 employees
A new study by the Business Development Bank of Canada (BDC) found that when compared to 15 years ago, Canadian small and mid-sized…
Funding
W|W: The Wearable Weekly – The smartwatch takeover
Welcome to The Wearable Weekly, your trusted guide to all things wearable tech. If you only have time to read one thing about…
Thalmic Labs raises $158 million CAD Series B
In a Medium post this morning, Thalmic Labs CEO and co-founder Stephen Lake announced that the company raised $120 million…
Seven startups awarded total of $225,000 at 2016 Spark Cape Breton Innovation Challenge
According to a report from Entrevestor, seven new technology companies in Cape Breton have been awarded a total $225,000 as…
Quandl raises $12 million Series B to expand its financial data platform
Quandl, which provides alternative datasets alongside financial and economic data for investment professionals, announced a…
Scotiabank investing $1.75 million in entrepreneurship initiatives at Rotman School of Management
Scotiabank announced that it is dedicating $1.75 million to establishing the Scotiabank Disruptive Technologies Venture at…
You.i TV raises $12 million Series B led by Time Warner Investments
Ottawa-based You.i TV, a multi-screen video app platform, has raised a $12 million Series B led by Time Warner Investments.…
Information Venture Partners raises $96M fund for early stage FinTech and enterprise software companies
Information Venture Partners announced the close of $96 million for its second investment fund, Fund II, which is dedicated…
University of Waterloo opens research facility to improve electric car research
A new research and testing facility opened today at the University of Waterloo to look into building cleaner, smarter vehicles.…
500 Startups brings Distro Dojo program to Toronto to get companies ready for their Series A
Since announcing its $30 million fund for Canadian startups in March, 500 Startups has shown no signs of slowing down in its…
Canadian government has dedicated $3 million to fostering innovation in the auto industry
The Government of Canada has revealed that it’s invested $3 million in funding from the Government of Canada in four…
Thorasys raises $1.3 million to develop a new method of measuring lung function
Montreal-based Thorasys, which is developing products for the diagnosis of lung diseases, has raised $1.3 million in funding…
Canalyst raises $2.7 million seed round to fuel Canada and U.S. expansion
Vancouver-based Canalyst, an equity research platform that helps analysts and portfolio managers with research, announced $2.7…
Georgian Partners Growth Fund III doubles up previous fund with $485M CAD raise
Toronto-based Georgian Partners has raised $485 million CAD ($375 million USD) for its third growth equity fund, more than…
GradeSlam raises $1.6 million to fill inequality gap in private tutoring
Montreal-based GradeSlam, which provides a one-on-one tutoring platform, has closed $1.6 million in funding in a round led…