Toronto-based Street Contxt raises $8 million Series A led by Oculus investor Formation 8
In a city with the nation’s highest concentration of banks and financial institutions, it’s no surprise that some…
Funding
Lendful raises $15 million from new partner Alterna Bank
Vancouver-based Lendful has announced a major investment today, securing $15 million CAD from Ottawa-based Alterna Bank, a…
Canadian government announces $50 million program to help SMBs with global export
Last year, CIBC released a slightly ominous report, noting that Canadian small and medium-sized businesses (SMBs), while responsible…
Female Funders hosting breakfast series across North America with Shopify
The Canadian organization dedicated to inspiring a new generation of female angel investors is hosting a breakfast series across…
Holiday Funding Roundup: Axios, Athletigen
A few Canadian companies received rounds of funding in their stockings over the holidays. Here’s the latest on who raised…
Toronto-based Clear Blue Technologies closes $1.85 million funding round
Clear Blue Technologies, a smart off-grid company, announced a $1.85 million in a private placement. The round was led by Haywood…
Hexoskin raises $1.3 million in second round of financing
As part of an exciting year for Montreal-based smart shirt maker Hexoskin — which already partnered with Best Buy earlier…
Trulioo raises $15 million to take its ID verification software to banking
Vancouver-based Trulioo announced today that it has raised $15 million in equity financing from American Express Ventures and…
The Accelerator Centre Announces Third AC Jumpstart Cohort
Twenty-six companies in the Waterloo region just got a boost. The Accelerator Centre, a Waterloo-based network of facilities…
Webware.io, formerly known as PowerStores, raises VC funding
For many companies, a rebrand is an indication that the company is entering a new and exciting phase—perhaps one that the…
OMERS Ventures says Canadian tech IPOs set for slowdown in 2016
While Shopify’s IPO was one of the biggest Canadian tech stories of the year, John Ruffolo, CEO of OMERS Ventures, isn’t…
Province of British Columbia announces $100 million VC fund
The province of British Columbia is creating a $100-million venture capital fund dedicated to providing funding for tech companies…
Vancouver’s Eventbase raises $8 million from Madrona
In a round led by Seattle-based Madrona Venture Group, Vancouver-based Eventbase has raised an $8 million Series B, according…
Former Prime Minister Paul Martin speaks out on investing in indigenous innovation
Before he was prime minister of Canada, Paul Martin spent his teen years working in northern Canada alongside indigenous people—…
Today in funding: Worximity, Fresche Legacy, Allocadia, Wiivv
B2B companies performed well in this round of funding. Here’s the latest on who raised how much whom. Fresche Legacy…