Nova Scotia investing $25 million to create two new VC funds
The Nova Scotia government is hoping to kickstart investment in the province’s tech companies with the creation of two…
Funding
Brightspark raises $6 million to expand team across Canada, accelerate investment pace
Brightspark has closed a $6 million financing round from Kensington Capital Partners to fuel its own growth as a VC firm. Launched…
Coinsquare raises $10.5 million Series A
goNumerical-owned Coinsquare, a Toronto-based cryptocurrency platform for buying and selling bitcoin, has raised a $10.5 million…
Toronto-based Qvella raises $25 million Series B to improve molecular diagnostics
Toronto-based Qvella has raised a $25 million CAD Series B. The molecular diagnostics company is developing technology that…
1QBit raises $45 million Series B from Fujitsu, Accenture
Vancouver-based 1QBit has closed a $45 million Series B that includes equity and revenue contracts. The funding was led by…
NanoCnet wins $35,000 at Velocity Fund Finals
The University of Waterloo’s Velocity program has announced the winners of its latest Velocity Fund Finals. NanoCnet…
Chefs Plate raises $10 million Series C
Toronto-based Chefs Plate, a meal kit delivery company, has announced $10 million in a Series C led by Acton Capital, Emil…
FedDev Ontario investing $3.57 million in Next Canada
FedDev Ontario is providing $3.57 million to non-profit NEXT Canada. The money will support total project costs of up to $6.6…
Leveraging Element AI connection, Real Ventures closes two funds totalling $180 million
On the 10th year anniversary of its first $3 million round, Montreal-based Real Ventures has closed $180 million as it looks…
Mojio raises $30 million Series B to make every car a connected car
Vancouver-based Mojio has raised a $30 million Series B to support the growth of its connected car solution. The Series B was…
Dejero raises $32 million Series B
Waterloo-based Dejero has raised a $32 million Series B to ramp up its product development. Dejero’s product — which…
Startups can receive $100,000 through Facebook and the DMZ’s Digital News Innovation Challenge
The Facebook Journalism Project, the DMZ, and the Ryerson University School of Journalism are launching the Digital News Innovation…
Smooth Commerce raises $2 million to help retailers embrace mobile
Smooth Commerce, a mobile payment and marketing platform for retailers, has announced a $2 million round of growth financing.…
Affinio raises $11.4 million Series B
Affinio has raised an $11.4 million ($9 million USD) Series B, according to a report from AdExchanger. The startup has raised…
Ontario investing up to $5 million in Think Research to create 228 jobs in Toronto
Ontario is investing up to $5 million in Toronto-based Think Research to help the company expand its platform. The money is…