Sustainable Development Technology Canada invests in 17 cleantech startups through seed fund
Seventeen Canadian cleantech startups have received funding from the federal government through Sustainable Development Technology…
National Bank launches venture fund, looks to raise $200 million to support COVID-19 recovery
National Bank has created a new venture capital fund in partnership with the Quebec government to support the digital transformation…
Drivewyze, Intelligent Imaging Systems raise $81.7 million CAD from Sageview Capital
Edmonton-based Intelligent Imaging Systems (IIS) and its subsidiary, Drivewyze, which develops safety and efficiency solutions…
Foxquilt raises $3.5 million for B2B insurance tech platform
Toronto-based InsurTech startup Foxquilt, which offers a platform designed to help businesses save on insurance, has raised…
Intuit Canada, Highline Beta launch new financial health-focused accelerator
FinTech company Intuit Canada and venture capital firm Highline Beta have opened applications for a new virtual accelerator…
Cisco to provide small businesses with COVID-19 “recovery kits” through new contest
Cisco has launched a new contest offering entrepreneurs a chance to win a Small Business Recovery Kit, which includes IT tools…
Bridgit closes $9.4 million CAD strategic investment led by Autodesk
Kitchener-Waterloo-based Bridgit, which offers a project management platform for construction businesses, has raised $9.4 million…
Untether AI closes additional $9.4 million CAD from Radical Ventures, Intel Capital
Toronto-based artificial intelligence (AI) hardware startup Untether AI has closed an additional $9.4 million CAD ($7 million…
Federal government to extend 75 percent wage subsidy into December
The federal government has announced it will extend the Canada Emergency Wage Subsidy (CEWS) program until December. Prime…
Foodee secures $13 million to weather COVID-19, fuel acquisition of US competitor Chewse
Foodee, a Vancouver-based corporate catering tech startup, has closed $13 million CAD in funding and revealed its acquisition…
FedDev commits $4.5 million to support Franco-Ontarian SMEs through regional recovery fund
Three organizations in southern Ontario have been selected to receive a cumulative $4.5 million investment from the federal…
Video streaming software provider Haivision acquires Teltoo
Montreal-based Haivision, which develops video streaming solutions for the public and private sector, has acquired Teltoo,…
Akerna closes $46 million acquisition of Toronto-based Ample Organics
Toronto-based cannabis software startup Ample Organics has officially been acquired by Akerna. The deal was valued at $46 million…
Nine projects to receive $28.8 million as part of Advanced Manufacturing Supercluster investment
Nine Canadian manufacturing projects have been approved to receive a cumulative investment of $28.8 million from Next Generation…
Toronto tech venture deal count plummets in “unfortunate” first quarter of 2020
Toronto’s tech sector saw $361 million in venture funding over 41 deals in the first quarter of 2020, according to a new…