Portag3 sets sights on global FinTech market as it closes $427 million CAD Fund II
Portag3 Ventures has closed a $427 million CAD second fund, the largest FinTech-focused venture capital fund in Canada, and…
OrbCare files for bankruptcy after failing to find buyer, team launches new company instead
Toronto-based healthtech startup OrbCare has officially filed for bankruptcy after the startup failed to find a buyer during…
Koho adds National Bank and Drive as investors with $25 million CAD Series B extension
Koho has raised an additional $25 million in capital for its Series B, just six months after the initial close of the round…
Coconut Software raises additional $6.5 million CAD in Series A funding
Saskatoon-based startup Coconut Software has raised an additional $6.5 million CAD in what it is calling a Series A2 round.…
Revolut is rolling out early account access ahead of Canadian launch
Revolut has begun rolling out early access to accounts for Canadian users, BetaKit has learned. The move comes ahead of the…
Magaly Charbonneau named partner and Montreal lead at Inovia Capital
Inovia Capital has added its newest partner, Magaly Charbonneau, who will also lead the firm’s Montreal office and investment…
Velocity startups surpass $1 billion in total funding
Alumni and current companies of Velocity have officially raised more than $1 billion CAD in venture capital since the University…
Silofit raises $1 million seed round to develop “world’s first” network of on-demand gyms
Silofit is a Montreal based startup that has created a network of private, on-demand fitness spaces through an app offering…
Canadian venture capital investments surpass $2 billion CAD in record breaking Q3 2019
According to the Canadian Venture Capital and Private Equity Association’s (CVCA) latest report, $2.48 billion CAD of…
Trudeau cabinet shuffle shows slight tweaks to Canada’s innovation, economic agenda
Prime Minister Justin Trudeau revealed his new cabinet on Wednesday, with seven new faces joining the mix and a number of positions…
Alberta Innovates to layoff 125 employees following $76 million budget cut
Alberta Innovates, the provincially funded research and development organization focused on research, innovation, and entrepreneurship,…
RenoRun launches monthly subscription model following $22.5 million Series A
Construction-focused tech startup RenoRun has begun a broad rollout of its new payment model following the close earlier this…
1Password closes $265 million CAD in first round of institutional funding
After 14 years of organic growth, and attracting the attention of millions of users and more than 50,000 companies, Toronto-based…
Montreal’s Potloc announces $13 million CAD Series A originally closed in July
Potloc, a startup that conducts market research using geo-targeted surveys, has announced its $13 million CAD Series A funding…
Mindbridge loses former CIO of Canada after a few months in role
Alex Benay, the former CIO of Canada, has left his role at Ottawa-based Mindbridge after a short few months stint. The news…