Canadian Armed Forces veteran, Shopify co-founder team up for $50 million military tech fund
Kensington Capital Partners has committed $10 million as the anchor investor.
Funding
FinTech startup Reach secures $30 million in equity and debt
The deal marks Reach’s first outside capital.
Bootstrapped since 2008, Helcim raises $16 million for Stripe-style payment solution
Pivot in 2020 turned reseller into fast-growing payments FinTech.
MinuteBox scores $5 million CAD to accelerate growth of its legaltech solution
Lawyer-led MinuteBox helps law firms manage their operations.
Platform Innovation Centre in Calgary receives $2 million from the Government of Canada
The long-awaited innovation hub is set to officially open its doors in 2022.
Microsoft leads MedMe’s $3.4 million CAD seed round to help pharmacies expand beyond retail
Microsoft’s VC arm buys into MedMe’s vision to turn pharmacies into community health hubs.
HonestDoor closes $2.2 million in aim to bring accuracy to real estate valuations
HonestDoor wants to be the largest search portal for real estate valuations in Canada.
Wisedocs closes $4.1 million to bring medical document analysis to “entire” insurance ecosystem
Wisedocs’ “bread and butter” is helping insurance orgs work with medical records.
New Ventures BC opens applications for 22nd annual competition
This year’s competition includes a new $10,000 sustainability prize.
With $150 million USD in fresh funding, Montréal’s Talent.com is ready to take on Indeed worldwide
Co-CEO says startup wants to be Pepsi to Indeed’s Coke.
Oil and gas tech startup Validere closes $55 million CAD with BlackRock backing
“In order to manage the energy transition well, environmental attributes cannot be managed in a silo.”
Scribble Data closes $2.2 million to help data science teams train machine learning models
Scribble Data aims to dip into Toronto’s machine learning talent pool.
Virtual Gurus closes $8.4 million amid US-driven demand for diversity-focused virtual assistants
CEO Bobbie Racette one of the first Indigenous women in #CDNtech to close a Series A round.
Apollo Insurance Solutions secures undisclosed Series B financing from Definity
Definity Financial Corporation went public in November.
Bloom secures $1.4 million CAD, launches AI-powered platform to measure e-commerce product photo performance
Bloom’s big picture vision is to match its algorithm with generative AI.