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…
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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…
Owl.co raises $30 million Series B to scale insurance claim monitoring solution
Vancouver-based insurance tech startup Owl.co has raised $30 million in its Series B funding round led by Cota Capital. Other…
US proptech Opendoor plots Canadian hiring expansion, aims to add 100 engineers
San Francisco-based real estate tech firm Opendoor is planning to hire around 100 product development engineers in Canada by…
Mogo planting trees to offset carbon emissions from Bitcoin mining
In the midst of the controversy over the climate change impact Bitcoin mining causes, the FinTech startup Mogo Inc. has launched…
Lumira Ventures latest Canadian VC to jump on SPAC trend in pursuit of US medtech firms
A newly formed special purpose acquisition company (SPAC) with executives from and backed by Canada’s Lumira Ventures set…