League hits user milestone and secures $100-million USD credit facility from RBCx
Financing to support platform development, sales capacity, and potential mergers and acquisitions.
Funding
Float raises $70-million Series B CAD led by Goldman Sachs
Funding will be used to broaden product suite and attract talent.
Work automation platform Gumloop raises $24.5-million Series A as it relocates to Silicon Valley
Gumloop CEO says Vancouver suffers because “San Francisco is a very strong magnet for exceptional talent.”
Doctor-led Oxford Cancer Analytics closes $16-million CAD Series A to improve early lung cancer detection
UK and Toronto-based startup applies proteomics and AI to blood tests.
Aspect Biosystems lands $165-million CAD Series B to advance 3D-printed tissue therapies
Financing pushes Vancouver startup closer to clinical trials targeting diabetes, liver disease.
Valsoft reloads acquisition war chest with $216.7-million CAD funding round
Vertical software rollup company made nearly 20 acquisitions in 2024.
Province funnels $9 million into Québec Tech amid critiques over government spending
Minister Christopher Skeete: Québec startups can’t compete at a global scale without government assistance.
In 2024, Canada struggled to find its place in the global AI race
Canada can’t outspend its peers. So how might it outsmart them?
Glen Ventures lands $5 million CAD from IQ fund to back early-stage healthtech startups
VC firm to raise dedicated fund in new year separate from government mandate.
Check your SR&ED history: Canadian tech companies could be in for post-holiday windfall
Legislation this year identified ‘excluded loans’ as exempt from federal assistance.
Deep Sky secures $40-million USD grant from Gates-founded Breakthrough Energy Catalyst
Carbon-capture startup selected Innisfail, Alberta as the site for its first-ever facility in August.
Fall Economic Statement brings more delays for open banking in Canada
Feds up FCAC commitment but push open banking rollout to 2026, with several legislative hurdles to overcome.
Four new Canadian tech announcements in the Fall Economic Statement that shouldn’t be overlooked
BDC AI funding, procurement reform, money for Black entrepreneurs might have been missed in yesterday’s chaos.
Realize Capital Partners reveals second round of support for impact-focused funds
Backed by Social Finance Fund, Realize’s latest investments include Amplify, Misfit, and Thrive Impact.
Feds struggle to table Fall Economic Statement following Minister Freeland’s shock resignation
Mini-budget with many tech commitments comes during a day of chaos on the Hill.