NorthOne raises $92.1 million CAD to build new working capital, credit products
Toronto-founded NorthOne moved its HQ to New York to serve its American client base.
Funding
Shinydocs, Encircle, Proto receive cumulative $7.5 million from FedDev Ontario
The investment into the three Kitchener-Waterloo startups is expected to create 75 jobs.
CBC alumni secure $3 million to help musicians collaborate remotely with BeatConnect
BeatConnect plans to build a marketplace for creators to sell their sounds.
Parity raises $8 million to target wasteful emissions in buildings
New legislation fighting climate change in US could benefit Parity.
Quandri raises $2 million CAD to automate time-consuming, repetitive tasks for insurance industry
CEO says Quandri has seen “insane growth” since investing in sales and marketing.
Startup Montréal hosts 7th annual Grande-messe startup showcase
At the event, National Bank committed $1 million to Startup Montréal.
Canada Drives fuels up with $10 million extension to support growth amid economic headwinds
Despite scaling back hiring, co-CEO says Canada Drives is in “a strong position.”
Innovate BC awards $2.3 million to eight R&D projects
Terramera, HTEC among recipients of this year’s funding.
Halp secures $5.5 million CAD to help international students study abroad
Backed by Serena Williams’ venture fund, Halp has amassed an 18,000 family waitlist.
InBC reveals direct, indirect investment strategy for $500 million fund
InBC is allocating funds for every stage from pre-seed to Series C, and beyond.
Tobi Lütke, Round13 part of $40 million USD Series A for blockchain gaming startup Horizon
Web3 and traditional gaming companies like Ubisoft, Take-Two also invested in Horizon.
Carbon6 closes $88 million CAD Series A to consolidate “fragmented” e-commerce software space
Starting with Amazon, Carbon6 aims to buy and build more tools for marketplace sellers.
Two Small Fish goes big with third fund, targets $40 million CAD final close
The firm’s investments include SkipTheDishes and Sheertex.
Smart business card startup Ovou wins $110,000 at 22nd New Ventures BC competition
New Ventures BC gave out a cumulative $250,000 in prize money across eight winners.
Bootstrapped to date, Field Effect closes $41 million CAD Series A to expand SME-focused cybersecurity business
Led by a former Communications Security Establishment researcher, Ottawa firm plans to invest in sales and marketing.