Today in funding: FansUnite, 7Gen, GHGSat, Visualping, Alpha, Spaceful
Six Canadian tech companies have recently secured fresh funding to fuel their growth. Here’s the latest on who raised money,…
Funding
Oxio secures $25 million CAD to accelerate Canadian expansion
Québec-based telecommunications startup Oxio has secured $25 million CAD in Series A funding to fuel its expansion plans.…
B.C. Centre for Innovation and Clean Energy to launch in fall with $105 million in funding
The new B.C. Centre for Innovation and Clean Energy is set to launch in the fall with the backing of $105 million from the…
Swift Medical secures $44 million CAD in Series B financing
Wound care management startup Swift Medical has raised $43.9 million CAD ($35 million USD) as it looks to increase its customer…
Happin raises $1.2 million to fuel growth of its hybrid event platform
Toronto-based software startup Happin, which offers a platform for hybrid, virtual and in-person events, has secured $1.2 million…
Prairie Robotics secures $690,000 CAD to identify recycling contaminants
Regina-based cleantech startup Prairie Robotics has secured $690,000 CAD in seed funding to support its Internet of Things…
Great Hill Partners acquires majority stake in Auvik Networks for $312 million CAD
United States-based private equity firm Great Hill Partners has acquired a majority stake in Auvik Networks as the Waterloo-based…
Today in funding: Oneka, Rootly, Convergence.Tech, Bird&Be, Rithmik, Scatr, Sonero
Seven companies with Canadian roots have recently secured fresh funding to fuel their growth. Here’s the latest on who raised…
Float secures $5 million seed round to make corporate credit cards less of a headache
Toronto FinTech startup Float has secured $5 million to bring a Brex-like offering to the Canadian market. Formerly named Journal,…
Computer vision startup Algolux secures $23 million CAD Series B round
Montréal-based computer vision startup Algolux has raised $23 million CAD ($18.4 million USD) in a Series B funding round…
Tetra Trust to become Canada’s first qualified crypto custodian, raises funding from Coinbase, Mogo
Calgary-based FinTech startup Tetra Trust said it has received regulatory approval from the Government of Alberta to store…
Swarmio aiming to go public on Canadian Securities Exchange
Halifax-based video game tech startup Swarmio Media revealed it intends to go public on the Canadian Securities Exchange (CSE),…
WeCommerce closes $33.7 million bought deal financing to acquire more Shopify ecosystem companies
Victoria-based holding company WeCommerce has secured about $33.7 million in funding following the close of a previously announced…
Clearco secures $268 million CAD in round led by SoftBank
Clearco has secured $268 million CAD ($215 million USD) in a new round of equity capital led by SoftBank Vision Fund 2. The…
Active Impact Investments closes second fund, securing $54 million
Vancouver’s Active Impact Investments has closed its second fund, securing an additional $13 million CAD to support early-stage…