eSentire to be valued at $1.1 billion USD following $325 million deal
Only $100 million in primary capital will go to the company.
Kitchener-Waterloo
RideCo drives up expansion with $20 million Series A
The financing marks RideCo’s first investment round since it launched in 2015.
Dozr raises $27.5 million in Series B funding to support US expansion plans
The heavy equipment rental startup aims to replicate its Florida playbook in other markets.
New report reveals worrying trends about venture funding in Waterloo Region
Faire and Applyboard accounted for 85 percent of the total funding raised in the Waterloo Region during 2021.
Three Canadian regions ranked among the best global cleantech ecosystems by Startup Genome
Toronto-Waterloo ranked best cleantech ecosystem in Canada.
Aspire, DarwinAI project recognized as “outstanding” by United Nations’ AI research centre
The initiative was the only Canadian project to crack IRCAI’s top 10.
Hyivy Health secures $1.1 million in pre-seed funding to ease women’s pelvic health problems
The startup is entering clinical trials, and needs to gain regulatory approval.
Nicoya’s $20 million Series A extension enables continued development of digital proteomics solution
Nicoya’s solution helps scientists accelerate drug discovery.
D2L records rising revenue, net losses in first quarterly report since IPO
D2L’s latest earnings report shows the Kitchener-Waterloo-based EdTech company continues to benefit from the pandemic-fuelled…
Execs, investors sell $74.4 million in Magnet Forensics shares
The selling shareholders received combined gross proceeds of $74.4 million.
Communitech exploring $200 million venture fund
Longtime Kitchener-Waterloo tech champion Communitech is exploring new ways to support startups across the country by launching…
Pitchbook names four Canadian universities in 2021 list of top 50 colleges for founders
Four Canadian universities make 2021 Pitchbook list of top 50 colleges for founders Financial data and software company Pitchbook…
Faire banks $400 million USD Series G at $12.4 billion valuation
Kitchener-Waterloo and San Francisco-based startup Faire, which connects independent retailers to brands through its online…
Nuvei, Magnet Forensics, Thinkific see increased revenues in third quarter of 2021
As the public markets continue to attract Canadian tech companies, even amid lower than hoped valuations and results, a number…
EnPowered reveals $12.75 million in funding to become Stripe of cleantech
Kitchener-Waterloo-based startup EnPowered has announced $12.75 million CAD in seed financing to fuel the growth of its newly…