Drop closes $58 million CAD Series B with eyes on accelerated growth, going public
Mobile rewards startup Drop has closed a $58 million CAD ($44 million USD) Series B to help accelerate its growth and allow…
VC
Mobile offers platform GetintheLoop partners with RBC Ventures
Kelowna-based mobile offers platform GetintheLoop has announced a partnership with RBC Ventures to bring offers and experiences…
iGan Partners to host second ‘Pitch to Heal’ competition
Early-stage healthcare venture capital and private equity fund, iGan Partners, is looking for innovative healthtech startups…
Clearbanc raises $300 million USD to take entrepreneur funding model global
Just over half a year since raising $159.28 million CAD, Clearbanc has raised an additional $393 million CAD ($300 million…
Report: Canada sees tempered decline in VC deals after record-breaking 2018
According to CB Insights and PwC Canada’s latest MoneyTree report, the first half of 2019 might not have matched a record-setting…
Backed by Diagram, mortgage startup Nesto latest addition to Power Financial’s “FinTech Justice League”
When BetaKit last checked in with the ‘FinTech Justice League’ (Power Financial’s portfolio of FinTech startups…
Conexus launches $30 million venture fund to support Saskatchewan startups
The Regina-based Conexus Credit Union has launched a $30 million venture fund that will be focused on investing in Saskatchewan-based…
Canadian VCs caught flat-footed by “insane” changes in US investment regulation
As the Canadian Venture Capital Association (CVCA) urges United States agencies to exempt Canadian investors from a law that…
Ratio.City raises $1 million seed round for AI-powered urban analytics platform
Toronto-based Ratio.City, a Proptech startup specializing in using data for urban development, has raised $1 million…
Saskatoon-based Vendasta raises $40 million CAD in growth capital
Cloud commerce platform for small and medium businesses (SMBs) Vandasta announced on Wednesday that it has raised $40 million…
Front Row Ventures’ initiative for female student founders expands to Ontario
The Women Founders’ Project, a four-week social impact project organized by Front Row Ventures, is expanding to Ontario,…
Sonder raises $210 million USD, surpassing $1 billion valuation
Montreal-founded Sonder (formerly Flatbook) has raised a $210 million USD ($274 million CAD) Series D funding round, surpassing…
New OMERS, BMO investments bring District Ventures fund to $70 million
Arlene Dickinson’s District Ventures has received recent investments from OMERS and BMO, bringing its total fund size to…
CVCA, other Canadian orgs pen letter to US over “onerous” investment law
Four Canadian organizations are urging the US Department of the Treasury to exempt Canadian businesses from a law that could…
New report provides fresh data on familiar diversity problems in Canadian VC
A new report from the Canadian Venture Capital and Private Equity Association (CVCA) and BDC Capital offers more detail on…