Reuters: Canadian deal activity at second-highest level in 2015
According to new data from Thomson Reuters, deal activity outside of Canada from the country’s top pension funds, banks,…
Funding
Zymeworks snags huge $61.5 USD million Series A round for its biotherapeutic treatments
Vancouver-based Zymeworks, a biotherapeutics company developing protein therapeutics for the treatment of cancer and autoimmune…
MMB Networks closes $7 million Series B
As IoT-connected devices are projected to triple to 38 billion units by 2020, investors are keen to ensure that they don’t…
Hexoskin Smart hits crowdfunding goal in less than a day
Two years after Hexoskin raised 166 percent of its crowdfunding goal for its “World’s First Biometric Smart Shirt”,…
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…
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…