Rockport Networks raises $61.9 million CAD, appoints Marc Sultzbaugh as co-CEO
Rockport’s tech is being used by a supercomputer at the University of Texas.
Funding
Ledn raises $70 million in Series B funding, plans launch of Bitcoin-backed mortgages
Ledn claimed its Bitcoin-backed mortgage is the first of its kind to market.
Valence Discovery announces $10.9 million CAD for AI-aided drug discovery and formulation
Valence wants to “build the world’s most powerful chemistry engine.”
WFHomie raises $1.9 million CAD to help companies better engage, retain employees
Meet the first investment from Ryan Holmes and Manny Padda’s new fund, LOI Venture.
Accelia Capital launches $50 million VC fund to back women-led startups in Québec
Accelia Capital wants to invest 70 percent of its funds in Québec businesses owned or managed by women.
Snappy receives $2 million to scale restaurant management tech
Snappy powers over 1,500 restaurants in eight countries and over 30 cities.
eLeapPower closes $21 million Series A round to solve electric vehicle pain points
eLeapPower is one of a growing number of Canadian startups tackling the EV space.
TealBook looks to become global leader in supply chain data with $50 million in new funding
TealBook has product-market fit and its foot on the gas.
Secoda secures $2.75 million for “Google-like” data search tool
You can’t use data you can’t see.
Kudos secures $10 million from Canadian Business Growth Fund to boost employee engagement
Employee engagement platform provider Kudos has secured a $10 million minority equity investment from the Canadian Business…
Cross-Border Impact Ventures launches with $30 million in commitments for women, youth-focused healthtech fund
Toronto-based Cross-Border Impact Ventures (CBIV) has secured commitments of $30 million USD in an initial close of its new…
Lockheed Martin partners with, invests $1.3 million in Université de Sherbrooke’s Institut Quantique
Lockheed Martin Canada has entered into a partnership with Université de Sherbrooke’s Institut Quantique (IQ) to become…
Sleep Country acquires 25 percent stake in blackout curtains manufacturer Sleepout
Major Canadian sleep retailer Sleep Country has signed an agreement to purchase a 25 percent stake in Sleepout, a Toronto-based…
Shabodi secures $3.3 million to accelerate deployment of next-generation 5G solutions
Toronto-based Shabodi has raised $3.17 million USD in what it classifies as an oversubscribed seed round led by Blumberg Capital,…
Whitecap Venture Partners closes $140 million Fund V to invest across Canada
Whitecap Venture Partners has secured $140 million CAD for its fifth fund, which will invest in early-stage B2B SaaS and medtech…