Home and auto insurance marketplace YouSet raises $2.1 million, launches in Ontario
The Montréal startup plants its feet in Ontario in preparation for a nationwide launch.
Funding
Canvass Analytics secures $3.3 million USD top-up for Series A round
Yamaha Motor Ventures backs Canvass again after its initial investment in 2020.
Interaxon secures $9.5 million USD to roll out subscription model for brain sensing headband, Muse
The subscription program is set to launch in Q1 next year.
SVG Ventures Thrive launches new agri-food tech pre-accelerator, venture studio
The pre-accelerator has $3.7 million in provincial and federal backing.
Armed with more capital to back women entrepreneurs, Phoenix Fire makes first investment in VoxCell
Phoenix Fire’s LPs now include the co-founders of Thinkific and Odaia.
Report maps Canadian sustainable proptech industry and nearly $1.5 billion in investments
Amp Energy, GoBolt, Ecobee, Brainbox AI among top funded startups in the sector.
Bootstrapped since 2008, Evidence Partners closes $20 million to tackle automated literature review market
Evidence Partners caters to more than 60% of the world’s largest pharma, medical device companies.
D-Wave lists on New York Stock Exchange following close of SPAC deal
D-Wave’s stock price jumped as much as 30 percent on opening day.
With a new team, Framework Venture Partners secures $100 million USD first close for second fund
Barbara Dirks, Jim Texier, Mike Dobbins join for Fund II, target $250M final close.
Properly secures $36 million CAD, pulls back on geographic expansion plans as Canadian housing market cools
Provincial expansions across BC, Ontario, and Québec have been pinned in favour of focus on Toronto and Vancouver.
Sandpiper Ventures closes $20 million first fund focused on early-stage, women-led tech startups
Sandpiper sees “huge … and untapped opportunity” to back more women entrepreneurs amid market downturn.
FreshBooks secures $100 million USD debt facility from BMO, J.P. Morgan
With fresh funds, FreshBooks wants to continue global expansion, strategic acquisitions.
CFIN invests $338,000 into four Canadian projects related to food sector
Projects in this cohort range from an automated tempeh incubator to upcycling produce.
ZayZoon raises $25.5 million to expand its earned wage access business across the US
ZayZoon’s earned wage access model never caught on in Canada, but took off south of the border.