2048 Ventures bags $67 million USD Fund II for Canada, US investments
The VC invests in emerging markets outside of Silicon Valley, including Canada.
Canadian Startup News
Financial data and analytics firm Canalyst raises $70 million USD Series C
The round brings Canalyst’s total funding to over $100 million.
Emmertech closes $60 million to grow “dominant” Canadian AgTech companies
The final close adds $15 million and new LPs to the fund.
Aspire, DarwinAI project recognized as “outstanding” by United Nations’ AI research centre
The initiative was the only Canadian project to crack IRCAI’s top 10.
Maropost acquires Australia’s Retail Express in $50 million CAD deal
The deal marks Maropost’s second acquisition to date.
S|W: The SaaS Weekly – AmpMe accusations on the App Store
Plus: Vendasta closes second acquisition after dashed IPO plans, venture round.
Hyivy Health secures $1.1 million in pre-seed funding to ease women’s pelvic health problems
The startup is entering clinical trials, and needs to gain regulatory approval.
XMachina AI acquires Bain Public in its second acquisition since forming in mid-2021
XMachina specializes in AI acquisitions, and is preparing for an IPO.
D-Wave increases European presence with quantum computer in Germany
In the race for quantum commercialization, D-Wave gets aggressive in Europe.
PainWorth secures $2.1 million CAD to settle personal injury claims using machine learning
The Edmonton startup aims to tackle the “enormous” personal injury market.
NACO and Angel Investors Ontario promised $5.4 million from FedDev
The financing is meant to help 800 businesses and 170 partnerships provincially.
13 Canadian companies crack 2022 Global Cleantech 100
BC accounts for over half of the Canadian cleantech startups listed.
Review of 11 Canadian tech companies to watch in 2021
Startups on the 2021 list made major financing deals and exits.
Redbrick acquires Indianapolis-based email marketing platform Delivra
Delivra is the fifth company to join Redbrick’s growing portfolio.
PayFacto acquires iShopFood Inc. to offer all-in-one restaurant solutions
The acquisition follows a recent equity investment of up to $150 million.