Corl secures $20 million in USD stablecoin for its revenue-based financing model
Digital assets backed by real-world commercial agreements will offset volatility, companies claim.
Funding
American proptech startup Alfred opening Canadian HQ in Toronto
Alfred arrives with up to $75 million USD for staffing up, new acquisitions.
Phoenix Fire launches angel fund focused on women entrepreneurs
“We need to make sure that everybody has a seat at the table.”
StoreToDoor secures $1.25 million to take same-day delivery service to new markets
After spending years running his own restaurants, Scott Love wants to help other retailers deliver goods.
Online threat detection firm Echosec Systems closes $10 million credit facility from Espresso Capital
Echosec helps security teams detect web-based data for threat intelligence.
Ontario commits $25 million as Canadarm3 manufacturer MDA creates $100 million space robotics centre
MDA combines space robotics with automation and artificial intelligence.
Portage Ventures closes $788.5 million CAD for third FinTech fund
Portage claims the early stage FinTech fund is one of the largest in the world.
Bioscience startup Mikra secures $8.5 million CAD to launch its nutraceutical gel
Mikra claims its product will help boost energy and mental focus on a cellular level.
DealMaker acquires Ridge Growth Agency to bolster capital raising platform
Ridge brings DealMaker closer to becoming a “one-stop-shop” for raising capital.
Clinia closes $5 million to scale B2B health search infrastructure
Montréal startup aims to be “first point of entry for health searches.”
Federal government announces first four organizations administering Women Entrepreneurship Loan Fund
SheEO among group set to provide micro-loans to women entrepreneurs.
Led by Serena Williams’ venture fund, Calico closes $2.6 million CAD to help D2C fashion brands manage their supply chain
Calico’s founder is building the tool she wishes she had for her own D2C brands.
Key raises $11 million to pilot home co-ownership platform in new Canadian, US markets
Key claims a waitlist of nearly 5,000 people for its service.
iRestify closes $6 million to bring building maintenance solution to the US
This is iRestify’s third seed round in four years, following a series of pivots.
Mayday marks calendar year with $3.8 million CAD to help remote workers improve their time management
Amid a saturated market, Jeremy Bell doesn’t want to just “build another calendar.”