MindBeacon sees revenue increase in Q2 as it ramps up for international expansion
During Q2 2021, Toronto-based healthtech company MindBeacon increased its revenue by 154 percent year-over-year, generating…
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Deep Genomics secures $226 million CAD led by SoftBank as it scales AI drug discovery platform
Deep Genomics has secured $226 million CAD ($180 million USD) as the startup has increased the number of drug candidates it…
1Password claims $2.5 billion CAD valuation in new round as investors rave about “generational security software business” opportunity
1Password has raised $125 million CAD ($100 million USD) in its latest round of financing, as the password manager startup…
Following rebrand, Notch raises $12.5 million CAD to bring restaurant supply chain software to new markets
Toronto-based startup Notch has secured $12.5 million CAD ($10 million USD) in funding, as the startup looks to expand its…
Wealthsimple adds Inovia partner, former Google exec Patrick Pichette to board of directors
Inovia partner, and former Google executive, Patrick Pichette has joined Wealthsimple’s board of directors. Pichette currently…
Lumira Ventures closes $276 million CAD for fourth fund
Toronto-based Lumira Ventures has raised $276 million CAD ($220 million USD) for Fund IV, which Lumira claims is “the largest…
Firmex acquired by US-based Datasite in Vertu Capital’s first exit
Toronto-based virtual data room (VDR) company Firmex has been acquired by fellow VDR provider Datasite. The financial details…
Toronto-based Mommy Monitor selected for Google’s Black Founders accelerator
Google has announced the 11 early-stage tech startups set to join the company’s second Google for Startups Accelerator for…
FrontFundr secures funding through FrontFundr, a crowdfunding platform
FrontFundr has secured $1.78 million CAD, through its own equity crowdfunding platform, as it looks to scale and bring more…
Funding roundup: Conquest Planning, Amphy, XCO, OceanSync
Four Canadian tech companies have recently secured fresh funding to fuel their growth. Here’s the latest on who raised money,…
Today in acquisitions: Paymi, EchoLotto, EssayJack, Company Capital, Allocadia, Pluribus
Six Canadian tech companies have recently made acquisitions or have been acquired, including Paymi, EchoLotto, EssayJack, Company…
Properly closes $44 million CAD Series B from key strategics, US investors to tackle Canadian real estate market
Toronto-based proptech startup Properly has raised fresh capital and strategic support to scale its tech-enabled real estate…
Intel-backed Untether AI raises $125 million, adds CPPIB, Tracker Capital as investors
Toronto-based artificial intelligence (AI) hardware startup Untether AI has secured $125 million CAD in new funding to support…
Brokrete secures $2.7 million CAD, launches e-commerce platform for construction suppliers
As part of the launch of its new e-commerce platform for suppliers in the construction industry, Toronto-based startup Brokrete…
Coinsquare brings on Tradelogiq exec, Martin Piszel, as CEO
Cryptocurrency trading startup Coinsquare has tapped Martin Piszel, a former executive of Canadian trading platform Tradelogiq,…