Kik, SEC propose joint settlement, $5 million penalty
Kik and the United States’ Securities Exchange Commission (SEC) have proposed a joint settlement in the matter of Kik’s 2017 initial coin offering (ICO)….
Kitchener-Waterloo
Amid EdTech boom, Knowledgehook raises $20 million Series A
Kitchener-Waterloo-based Knowledgehook, which has developed an artificial intelligence-based EdTech platform aimed to improve math education in school districts, has raised a $20 million Series…
Lazaridis ScaleUp Program reveals 13 companies joining virtual cohort
Thirteen Canadian tech startups have been accepted into the Lazaridis Institute’s ScaleUp Program, representing the program’s largest cohort yet. The Lazaridis ScaleUp Program aims…
Today in hires: Traction Guest, TextNow, Deep Genomics, Perk Labs
Four Canadian companies have filled positions on their leadership teams. Here’s a breakdown of who is joining and what they bring to the table….
Praemo raises $4.5 million CAD in Series A follow-on financing
Kitchener-Waterloo-based Praemo, which uses industrial IoT data to provide insights to enterprises, has raised $4.5 million CAD in financing, bringing the startup’s total raised…
Kik considering appeal as US court sides with SEC that company violated securities law
Kik Interactive Inc. is considering appealing a ruling that came down this week siding with the United States Securities Commission (SEC) that the Canadian…
Late-stage AI deals push Waterloo Region’s venture funding to five-quarter high in Q2 2020
Venture funding in the Waterloo Region reached $148.6 million in the second quarter of 2020, largely driven by large, late-stage investments into two artificial…
Waterloo robotics startup Clearpath extends Series C with $6.6 million CAD
As it looks to secure more enterprise customers and grow its global network of delivery partners, Clearpath Robotics has raised an additional $6.6 million…
ApplyBoard secures $70 million, pens deal to expand EdTech platform’s capabilities
ApplyBoard, which runs a recruitment platform helping international students apply to education abroad, has secured $70 million CAD in a Series C extension and…
Today in funding: Brink Bionics, Nexus Robotics, Connect&GO
Five Canadian startups have announced fresh funding to fuel their growth. Here’s the latest on who raised how much, from whom, and what they’ll…
Kitchener’s BinSentry raises $10 million CAD Series A to take AgTech sensors global
Kitchener-Waterloo startup BinSentry has developed an Internet of Things (IoT) solution that enables feed mills and livestock producers to monitor on-farm inventory. In order…
Accelerator Centre CEO Paul Salvini to step down next month
Longtime Accelerator Centre CEO Paul Salvini is set to step down from his role after more than six years with the Kitchener-Waterloo organization. Salvini…
ProNavigator raises $5.6 million to tackle United States insurance market
Kitchener InsurTech startup ProNavigator has closed a $5.6 million CAD financing round to help it increase its presence in the United States. The round…