Bank of Canada encouraging country’s banks to launch private fund for small businesses
According to a report from The Globe and Mail, the Bank of Canada wants the country’s banks to launch a national fund…
Funding
Toronto-based Jiffy raises $1 million as it eyes Chicago expansion
Toronto-based Jiffy, which connects homeowners with vetted home professionals in real time, announced that it’s closed $1…
Federal and provincial government part of $189.8 million in new University of Toronto funding
At the University of Toronto today, members of the federal and provincial government — including Minister of Innovation,…
Halifax-based QRA Corp raises $3 million from Atlantic Canada Opportunities Agency
Halifax-based QRA Corp, which develops enterprise software tools for early-stage validation and verification of engineered…
Grand Challenges Canada invests $5 million in six Canadian healthtech companies
Grand Challenges Canada, an organization funded by the Government of Canada that invests in global health companies, announced…
With money from Power and product shipping, Daniel Eberhard awaits the Summer of Koho
Daniel Eberhard walks and talks like a man waiting for a delivery – with polite impatience. Except it’s not a delivery…
LogDNA raises $1.6 million CAD to become “the Apple” of logging systems
After Ryerson University grads Chris Nguyen and Lee Liu snagged the chance to go to join Y Combinator as part of its Winter…
Slack reveals that it’s invested $2 million into 14 Slackbot startups to date
Back in 2015, Slack announced the launch of an $80 million fund specifically for early stage companies building integrations…
BDC Capital and ATB Financial contributing $1 billion to Alberta-based small businesses
BDC Capital and ATB Financial have negotiated a $1 billion agreement to support Alberta-based small businesses. Each institution…
Final phase of CRM2 sets new rules for what financial institutions disclose to investors
The final phase of CRM2, known as Client Relationship Model Phase 2, being implemented today means that Canadian investors…
#paid receives investment from Allen and Eva Lau’s Two Small Fish Ventures
Two Small Fish Ventures, a fund that focuses on supporting Toronto and Waterloo-based early stage internet companies, has made…
Round 13 Capital raises $35 million for Founders Fund supporting growth-stage companies
As many Canadian entrepreneurs and investors are keen to point out, Canada’s startup ecosystem is moving beyond its early…
Report: Angels invest $133 million in Canadian startups in 2015, up 48 percent from 2014
The National Angel Capital Organization released its sixth annual report on angel investing activity in Canada. The 2015 Report…
PostBeyond raises $4 million to help companies leverage employee social networks
PostBeyond, a Toronto-based company that allows employees to share corporate content on social media, has raised a $4 million…
Report: Top Canadian VC deals amount to $446 million in Q2
According to PE Hub Canada, which provides regular updates on the funding environment in Canada, Q2’s top Canadian VC…