Review of 11 Canadian tech companies to watch in 2021
Startups on the 2021 list made major financing deals and exits.
Montréal
PayFacto acquires iShopFood Inc. to offer all-in-one restaurant solutions
The acquisition follows a recent equity investment of up to $150 million.
Conduit’s ‘Stripe for DeFi’ approach bags startup $21.2 million CAD round led by Portage
Conduit wants to make DeFi “invisible” via its APIs.
AmpMe accused of boosting app sales through fake reviews by noted App Store critic
App maker conceded “more oversight is needed.”
Telus Health launches virtual pharmacy service nationally
The new service represents Telus Health’s latest move into the digital healthcare space.
Dax Dasilva’s Age of Union Alliance donates $4.5 million USD to Sea Shepherd to fight illegal fishing
Age of Union’s sixth global partnership following its initial $40 million pledge.
Hardbacon acquires India-based financial calculator Findmytotal.com
Last year, Hardbacon announced plans to list on a Canadian stock exchange.
CDPQ invests $100 million CAD in AppDirect channel partner program
Through AppDirect Capital, the startup aims to help tech advisors using its platform grow.
Armed with $1.2 million, Eva plans to bring ride-sharing, delivery software to new markets
Eva claims to offer “the first ride-share and delivery platform built on blockchain.”
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.”
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.
Nuvei shares drop amid short seller report
Payment processing company Nuvei saw its shares on the Toronto Stock Exchange (TSX) and Nasdaq fall rapidly today as a short-seller…
Rebranded Nomic Bio raises $17 million to fuel development of protein-measuring platform
Nomic Bio has secured a new name and $17 million USD in Series A financing to support the growth of its protein-measuring platform.…
AlayaCare bolsters C-Suite, board to support next phase of growth
Montréal-based healthtech startup AlayaCare has made a series of new additions to its leadership team, adding some seasoned…
Payment Rails rebrands to Trolley, closes $7 million Series A to expand reach of global payouts platform
Montréal-based FinTech startup Payment Rails has rebranded as Trolley and secured $7 million CAD in Series A financing to…