Kik becomes Canada’s latest unicorn with $50 million investment from maker of WeChat
Waterloo-based Kik has become the latest Canadian company to join the illustrious unicorn club (or narhwal!). On Tuesday, the…
Funding
OMERS Ventures raises $260 million CDN from Cisco and Bank of Montreal
The Wall Street Journal is reporting that OMERS Ventures has raised a whopping $260 million CDN, or $199 million USD, from…
Government of Canada giving $24.7 million for new University of Waterloo Science Complex
Earlier this month, the University of Waterloo announced that the Government of Canada would be contributing significant funding…
Vancouver’s PHEMI closes $12.2 million round to tackle public sector and finance
PHEMI, a Vancouver-based big data warehouse that allows organizations to access and mine any variety of data to drive insights,…
BDC Capital one of many investors in CENX’s $12.5 million Series D round
CENX, a U.S.-based company with key operations in Canada through its Ottawa office, announced today that it is finalizing a…
Today in funding: Sequence Bio, icejam games, Kensington Venture Fund & more
This week, government funding came through for many Canadian startups. Here’s the latest on who raised how much, and from…
Government of Canada dedicating $30 million to cyberinfrastructure initiative
Peter Braid, an MP for Kitchener-Waterloo, announced funding yesterday to the tune of $30 million for the development of an…
CVCA: H1 2015 saw $939 million in completed VC deals
Hot on the heels of Thompson Reuters’ report, the CVCA has released its own H1 2015 results for venture capital in Canada.…
#Startupfest Chats: Crew knows what real traction is after $10M round
Montreal’s International Startup Festival was a week of sun, fun, and compelling conversation. Here’s one of the…
Venture capital investment across Canada up 33 per cent since last year
According to data released by Thomson Reuters, venture capital investment in Canadian startups gained momentum in the second…
FedDev Ontario invests $2.175 million in Halla Visteon Canada
The Federal Economic Development Agency for Southern Ontario (FedDev Ontario) announced today an investment of up to $2.175…
Perimeter Medical Imaging secures $5 Million Series A funding
Toronto-based Perimeter Medical Imaging, a company that develops real-time imaging systems for in-surgery tissue assessment,…
eSight is going public
Damon Capital Corp, a Canadian capital pool company, has agreed to combine with eSight. eSight, which helps the legally blind…
Today in Funding: Benevity, Northleaf Capital Partners, and Viafoura
A variety of Canadian companies and funds raised big money this week. Here’s the latest on who raised how much, and from…
Velocity Fund Finals is Waterloo’s startup Thunderdome
I like to think of the Velocity Fund Finals like Thunderdome from “Mad Max”. Only here in Waterloo Region, it’s ten startups…