Klue scores $79 million CAD from Tiger Global, Salesforce Ventures
Vancouver-based software company Klue has secured $79.2 million CAD ($62 million USD) in Series B financing to fuel the expansion…
Vancouver
The untold story of Recon Instruments’ impact on the Vancouver tech scene
In Vancouver, the past year has seen the acceleration of a rapidly maturing tech industry. Since last December, the upstart…
General Fusion powers up with $166 million CAD round for its energy technology
In its quest to develop commercial fusion power, General Fusion just reached another milestone with what it is describing as…
Spare ready to roll with $18 million Series A funding for its on-demand transit software
An oversubscribed $18 million Series A round is going to help Spare further build out its mobility software platform for public…
WELL Health raises $70 million of target $500 million from bought deal offering
Vancouver-based WELL Health Technologies has raised $70 million from a bought deal offering of convertible debentures. In a…
Hootsuite eyes 2022 as “window has closed” for new Canadian tech IPOs
While Hootsuite’s IPO dreams might not be dashed, they are delayed, as a frigid public market response to tech IPOs has…
Bill Gates firm backs Mangrove Lithium, as need for faster lithium processing for electric vehicles booms
Mangrove Lithium has received a $10 million USD ($12.6 million CAD) Series A round to address the emerging deficit of high-purity…
Rhino Ventures unveils $120 million third fund to invest beyond Western Canada
Rhino Ventures announced its Fund III on November 23, and armed with $120 million CAD is ready to move beyond British Columbia…
TSXV-listed CloudMD to acquire TSX-listed MindBeacon in $116 million deal
Vancouver’s CloudMD, a SaaS health technology provider, is acquiring Toronto healthtech company MindBeacon in a deal valued…
Market Watch: E Automotive, Copperleaf post robust results in third quarter following IPOs
Two companies that recently entered the public markets announced robust third quarter 2021 results in the second week of November.…
Market Watch: VerticalScope makes acquisitions after revenue increase; BBTV posts positive Q3
Two Toronto Stock Exchange (TSX)-listed Canadian tech companies, Toronto-based VerticalScope and Vancouver’s BBTV Holdings…
Market Watch: Well, Lifespeak revenues climb in the third quarter of 2021
A couple of medtech companies are experiencing a strong third quarter. Well Health reported quarterly revenues of $99.3 million…
Dialectica plans to hire 500 people in Canada, open Vancouver office
Dialectica has announced plans to create over 500 jobs in Montréal and Vancouver by 2025 as it looks to capture more of the…
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…
Mimik Technology raises $17.9 million CAD to make any computing device act like a cloud server
Mimik Technology has raised $17.9 million CAD ($14.4 million USD) in its all-equity Series A funding round led by Pier 88 Investment…