CIRA dedicating $1 million towards projects that increase digital literacy
The Canadian Internet Registration Authority (CIRA) announced that it is deploying $1 million towards 21 projects focused on…
Funding
Canadian gov’t dedicating $50 million to coding programs for youth
Minister of Innovation, Science, and Economic Development Navdeep Bains and Minister of Science Kirsty Duncan announced the…
Today in funding ($3.6M): Lanla, Local Logic
This week, several Canadian startups got a boost with rounds of funding. Here’s the latest on who raised how much, and from…
Element AI raises $137.5 million Series A, plans to hire 100 people in Toronto
Canada’s AI ecosystem just got a massive boost with Element AI’s $137.5 million Series A. The funding was led by Data Collective…
Top Hat raises $9 million, launches collaborative platform to disrupt textbook publishing industry
Top Hat has raised $9 million in its Series C follow-on funding from Toronto-based Leaders Fund. The company raised its $29.5…
Figure 1 raises $13 million Series B as it explores new revenue streams
Toronto-based Figure 1, a medical sharing app known as the “Instagram for doctors,” has raised a $13 million Series…
Impression Ventures closes $30 million Fund II to boost Canada’s “massive” FinTech talent
Impression Ventures has raised $10 million for its Fund II, bringing its total funding to over $30 million. Limited Partners…
MaRS giving startups up to $50,000 for embedded executive program
The MaRS Discovery District has opened applications for another round of its embedded executive funding program. The program…
Northleaf Venture Catalyst Fund completes $300 million investment program with $15 million Lumira Capital investment
Northleaf Capital Partners announced that it’s completely deployed its $300 million Northleaf Venture Catalyst Fund,…
New Brunswick Innovation Foundation invests in 500 Startups Canada
The New Brunswick Innovation Foundation (NFIB) has invested in 500 Startups Canada’s $30 million fund, and has become a partner…
Financeit announces funding capacity of $85 million
Toronto-based POS financing platform Financeit has announced the close of a $75 million renewable securitization facility,…
Report: $3.2 billion in VC investments made in Canada last year
BDC has released a report on Canada’s venture capital landscape, and indicated that while there is positive momentum,…
Yaletown Partners wins CVCA’s Deal of the Year award for investment in Bit Stew
Vancouver-based Yaletown Partners has won the “Deal of the Year” award from the Canadian Venture Capital and Private Equity…
Plaza Ventures and Extreme Venture Partners are raising their next funds on Crowdmatrix
Plaza Ventures and Extreme Venture Partners are raising their next funds on equity crowdfunding platform Crowdmatrix. “Institutional…
BDC Capital commits $250 million to filling a funding gap for growth stage companies
BDC Capital announced that it is investing $250 million in growth equity financing to high-potential and rapidly growing businesses…