Started in a bar, now we’re here: Startup TNT completes first close of targeted $5-million venture fund
Fund I will write $50,000 cheques to winners of Startup TNT investment summits.
Funding
Propel receives $2.9-million ACOA grant to continue virtual accelerator program until 2026
The Government of Nova Scotia committed $1.05 million to Propel in May.
Founded by Alphabet alums, Canadian-led AI hardware startup Extropic secures over $14 million
Run by @BasedBeffJezos, Extropic’s backers include Tobias Lütke, Cohere co-founders.
ContactMonkey raises $55-million Series A from Updata Partners
Toronto startup claims it is profitable and has grown 330 percent in the past three years.
$86-million Series D extension has Koho targeting growth and profitability
Canadian challenger bank reaches one million users, $100-million run rate.
EZee Assist reveals $1.85 million in funding to help franchises manage institutional memory
Toronto startup caters to clients like BeaverTails and Real Property Management.
Renaissance raises $1 million CAD in fresh funding to help artists connect with their superfans
Music tech startup claims to have surpassed one million downloads with zero marketing spend.
FinChat secures $1.5 million USD from Social Leverage to expand AI-powered stock research platform
FinChat surpassed 100,000 users within a month of its launch.
Aiming for cash-flow positive in 2024, Virtuo targets North American expansion with 2023 funding
Calgary-based proptech startup raised $3.5 million in seed financing in March.
Asian food delivery service Fantuan secures $40-million USD Series C round
The funding will be used to improve its platform and explore an expansion into other service sectors.
Sixty Degree Capital closes $338 million CAD for third venture fund
The new fund looks to invest in enterprise software and healthtech startups.
Innovate BC, NRC IRAP invest $2 million into 13 BC cleantech companies
BC Fast Pilot program has invested $9.9 million into 75 projects to date.
InBC leads $13.5-million financing round for ThoughtExchange
The startup claims its revenues have grown fivefold in the last five years.
Diagram Ventures announces new $60-million VC fund to build and back early-stage cleantech startups
The ClimateTech Fund is co-anchored by Québec and Sagard.
Spring Impact Capital launches $20-million fund to back cleantech, healthtech startups
New impact fund sprung out of Spring to focus on “human and planetary health.”