This week in Canadian startups and notable news from around the web
Our focus is to help Canadian startups get noticed and communicate their wins, another world happens outside our glorious land.…
Funding
Nova Scotia-based CelluFuel scores $5 million investment to expand cleantech business
Nova Scotia-based CelluFuel has secured $5 million in funding from a mix of private and public investors. Innovacorp invested…
Hootsuite Raises $35 Million in Pre-IPO Money, Acquires BrightKit
Vancouver’s Hootsuite, creators of a social media dashboard tool for enterprise and individuals, has raised $35 million…
Men’s Fashion E-Retailer Frank & Oak Raises Mammoth $15 Million Round
Montreal’s men’s fashion eretailer Frank & Oak has raised $15 million in funding, led by Goodwater Capital. Green…
Montreal’s Breather Raises $6 Million, Expands to San Francisco
Montreal’s Airbnb for professional office space, Breather, has raised $6 million in series A money and announced an expansion…
Plasticity Labs Raises $2.1M from Fibernetics Ventures
Waterloo’s Plasticity Labs, cofounded by former NLL Lacrosse player Jim Moss, Jennifer Moss and Lance Mohring, has…
From Tweet to Tender: Figure1 Used Social Media to Get Investment Cash
Ordinarily, New York-based Union Square Ventures likes to invest in startups like Twitter, Tumblr, Zynga and Kickstarter.…
Vancouver Identity Verifier Trulioo Lands Investment from UST Global
Trulioo, a Vancouver-based startup that offers a comprehensive ID verification solution, has landed a “strategic investment”…
Hootsuite Could Soon Go Public According to Reports
Vancouver social media dashboard startup Hootsuite is poised to go public following an expected cash influx from Fidelity…
Why Did Bay Street’s Altas Partners Invest in a Grenada University?
Canadian private equity firms are often no strangers to highly-valued tech startups when considered where to spend their capital.…
iNovia’s Shawn Abbott Explains the Epic #icebucketchallenge Video
Here at GROW Conference in Whistler we had a chance to speak with iNovia Capital investor Shawn Abbott about his team’s…
3D Content Startup Verold Raises $1.6M Funding Round Led by GrowthWorks
Toronto’s 3D content startup Verold has raised its second round of funding, this one a $1.6 million round from GrowthWorks…
Toronto’s Vantage Analytics Raises $1.1 Seed Round from Real Ventures, Angels
Toronto startup Vantage Analytics has raised $1.1 million in seed funding from Real Ventures and several angels within the…
Innovation Guelph to Throw ‘Startup Royale’ for Youth-Led Teams
Innovation Guelph is ready to host its first “Startup Royale” pitch competition. The organization helps ideas…
Kelowna EdTech Startup FreshGrade Raises $4.3 Million Seed Round
Kelowna-based edtech startup FreshGrade has raised a $4.3 million seed round led by NewSchools Venture Fund, Emerson Collective,…