PwC MoneyTree report: Canadian tech raised $3.3 billion in 2017 as AI and FinTech stayed hot
PwC Canada and CB Insights have released the MoneyTree report on Canadian investment trends in Q4 2017, with an overall glimpse…
Funding
Iris Automation raises $10 million Series A to help drones avoid collisions
Iris Automation has raised a $10 million CAD Series A from Silicon Valley firm Bessemer Venture Partners. David Cowan from…
BC government investing $4.4 million in creating more STEM grads
The BC government is investing $4.4 million into its postsecondary institutions to increase the number of STEM students in…
Wattpad raises $61.25 million to continue investment in machine learning, interactive storytelling
Wattpad has announced that it’s raised $61.25 million CAD in a fresh round of funding. Investors include Tencent, BDC,…
With $3.5 million seed round, Vention launches platform that automates industrial design
Montreal-based Vention has announced that it is launching its 3D MachineBuilder to the public for the first time on the heels…
RateHub raises $12 million Series A to build end-to-end mortgage platform
Toronto-based Ratehub has raised a $12 million Series A investment led by Elephant, a Boston-based VC firm founded by Jeremiah…
SkySquirrel raises $3 million and merges with California-based competitor
Halifax-based SkySquirrel has raised $3 million and announced a merger with California-based VineView, another aerial imaging…
Ulula announces $1 million seed round to tackle forced labour
Toronto-based Ulula has officially announced its $1 million seed round. Targeting the mining, energy, and agriculture industries,…
Igloo Software raises $60 million from Charlotte-based Frontier Capital
Kitchener-based Igloo Software, which offers workplace management solutions, has received a $60 million CAD growth equity investment…
After building 17,000 financial plans, Toronto’s Planswell raises $6.8 million
Toronto-based Planswell, which allows Canadians to build free financial plans, announced that it’s dropped its waitlist…
MedChart, Eve Medical part of healthtech projects funded by $5.47 million from Ontario
The Ontario government is dedicating $5.47 million in 12 projects through its Health Technologies Fund through 2018, which…
Rubikloud raises $46 million Series B from Intel
Toronto-based Rubikloud has raised a $46 million CAD Series B led by Intel Capital. Existing investors Horizons Ventures and…
FindBob raises $1.6 million to help insurance firms find their next generation of talent
Toronto-based FindBob has raised a $1.6 million seed round. The round was led by Grinnell Mutual, with participation from the…
Financeit receives investment from Goldman Sachs to acquire home improvement software company Centah
Financeit — a POS financing provider for the home improvement, vehicle, and retail industry — has raised an undisclosed…
Vancouver-based ACL announces $50 million strategic investment from Norwest
Vancouver-based ACL has received a $50 million strategic minority investment led by the growth equity team at Silicon Valley-based…