Mednow closes $37 million IPO as it’s set to list on TSXV
Toronto-based healthtech startup Mednow has closed its initial public offering, raising approximately $37 million CAD at a…
Funding
Today in funding: SomaDetect, Metis, CoinSmart
Three Canadian startups have recently announced fresh funding rounds to fuel their growth. Here’s the latest on who raised,…
Snapcommerce secures $107 million to build a mobile commerce leader
Snapcommerce (formerly Snaptravel) has secured $107 million CAD ($85 million USD) in growth funding, signalling confidence…
After a year of rapid growth, Athennian extends Series A round by $7 million
Calgary-based legal software startup Athennian has added $7 million CAD to its Series A round of funding as it sees continued…
Raven closes $25 million venture fund for Indigenous entrepreneurs
Raven Indigenous Capital Partners (Raven) has closed a new $25 million CAD fund that aims to invest in innovative early and…
Government commits $518 million to Canada Foundation for Innovation to fund research projects
The Government of Canada has committed $518 million in research infrastructure funding through the Canada Foundation for Innovation…
PocketPills raises $30 million Series B amid continued demand for virtual healthcare solutions
PocketPills, a Surrey, British Columbia-based digital pharmacy startup, has closed a $30 million CAD Series B round of funding.…
Amid rise in remote work, Dooly announces $25.5 million CAD to scale sales enablement platform
Vancouver-based Dooly has raised $25.5 million CAD ($20.3 million USD) in funding as the company looks to scale its sales enablement…
The DMZ’s Black Innovation Programs set to receive $1.2 million from Ontario government
The DMZ’s Black Innovation Programs (BIP) will receive $1.2 million from the Ontario government. These programs, which are…
theScore closes US IPO, raising $186 million USD
Canadian digital media and sports betting company theScore has closed its initial public offering (IPO) on the Nasdaq, raising…
Following partnership with Loblaw, Gatik receives nearly $1 million from Ontario government
Gatik, a California and Toronto-based autotech startup, has received $997,000 from the Government of Ontario to accelerate…
Today in funding: Rivalry, Hardbacon, Facedrive, DataJoy, Mavennet
Five Canadian-associated startups have recently announced fresh funding rounds to fuel their growth. Here’s the latest on…
Ocean Supercluster commits $12 million to real-time analytics for aquaculture project
The Atlantic Canada-based Ocean Supercluster has committed close to $12 million to a project focused on providing real-time…
Today in funding: Goodfood, TRADE X, Peak Power, Novarc Technologies, Innovate BC
Four Canadian tech companies and three tech-focused research projects have recently secured funding, including Goodfood, TRADE…
HYAS looks to develop cybersecurity product with $20 million CAD Series B round
Victoria-based cybersecurity startup HYAS has raised a $20 million CAD ($16 million USD) Series B round of funding as it looks…