Employee wellness startup LifeSpeak raises $42 million in first round of institutional financing
Toronto-based employee mental health and wellness education startup LifeSpeak had closed a $42 million CAD equity investment.…
Toronto
Toronto venture funding lags behind Canada’s record-setting Q2 2020
Despite its historical prominence in Canadian tech, Toronto failed to contribute much to Canada’s record funding quarter.…
ACTO acquires US-based Scrimmage following Series A
Toronto-based startup ACTO, which offers training, analytics, and data tracking for life sciences salespeople, has acquired…
Julie Plouffe promoted to GP at White Star Capital as firm doubles down on Canada
White Star Capital, a New York-based venture firm that invests in businesses in Europe and North America, is looking to expand…
OMERS Ventures founder John Ruffolo paralyzed following biking accident
OMERS Ventures founder John Ruffolo has been paralyzed from the waist down following a cycling accident that took place in…
Clearbanc, Touchbistro among 7 Canadian startups in CB Insights FinTech 250
Seven Canadian startups have been listed on the 2020 version of CB Insights’ FinTech 250 list, which tracks the top private…
Wealthsimple CFO stepping down to become CEO of Wealthsimple Foundation
Wealthsimple’s chief financial officer (CFO), Leen Li, is stepping down from her role and is set to become the CEO of…
Vena Solutions secures $25 million USD in financing from CIBC Innovation Banking
Financial planning startup Vena Solutions has closed $25 million USD in growth capital financing from CIBC Innovation Banking.…
Xanadu launches photonic quantum cloud platform
Toronto-based quantum computing startup Xanadu on Wednesday announced the release of a publicly available photonic quantum…
Today in funding: Dispatch Coffee, Cloud DX, KitchenMate, ELLA
Three Canadian tech startups and one entrepreneurial program have received fresh funding to fuel their growth. Here’s the…
Verto Health raises $2 million CAD seed round to better connect healthcare providers, patients
Toronto-based healthtech startup Verto Health has closed a $2 million CAD seed round led by MaRS Investment Accelerator Fund…
Vector Institute establishes AI engineering team to turn research into practical applications
The Vector Institute for Artificial Intelligence has announced that it is establishing a new AI engineering team meant to take…
Life sciences-focused ACTO announces $11.5 million USD Series A raised at height of the pandemic
Toronto-based startup ACTO has announced the $11.5 million USD ($15 million CAD) Series A round it closed in April, adding…
SeamlessMD raises $4 million CAD Series A to meet increased demand for digital patient engagement due to COVID-19
Toronto healthtech startup SeamlessMD, which provides a cloud-based patient engagement app, has raised a $4 million CAD Series…
Top Hat continues pursuit to take traditional publishers digital with Bluedoor acquisition
Toronto-based EdTech startup Top Hat has acquired another education publishing company, recently closing a deal to purchase…