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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3781083 | Tags:

















Forbes names Laivly as one of Canada's Best Startup Employers 2024
Published: 17-01-2024 | 08:55:00 | By: Pie Kamau












AI solutions provider Meeranda joins NVIDIA Inception
Published: 17-10-2023 | 16:24:00 | By: Pie Kamau
Meeranda, an AI solutions provider, announced it has joined the NVIDIA Inception.


KindWorks.AI raises $1.5m funding to revolutionize workplace culture using proven power of Kindness
Published: 16-10-2023 | 13:12:00 | By: Pie Kamau
KindWorks.AI has closed an oversubscribed pre-seed round over $1.5m.


Relocalize raises $2.5m seed round to decarbonize food & beverage manufacturing
Published: 10-10-2023 | 11:41:00 | By: Pie Kamau
Relocalize has raised $2.5m in the initial closing of $3.5m seed round.


Plug and Play Alberta announces 73 startups for Fall cohort accelerator programs
Published: 06-10-2023 | 12:11:00 | By: Pie Kamau
Plug and Play Alberta has announced 73 startups for the Fall cohort.


Canadian e-Commerce inventory platform Centro launches with $2m pre-seed funding round
Published: 05-10-2023 | 12:16:00 | By: Pie Kamau
e-Commerce inventory platform Centro, announced a $2m in pre-seed funding.


Epson opens call for third Innovation Challenge for startups and developers
Published: 04-10-2023 | 12:48:00 | By: Pie Kamau
Epson is expanding its third Innovation Challenge for developers and startups.


Cardata raises $100m capital to accelerate growth in product innovation
Published: 02-10-2023 | 14:26:00 | By: Pie Kamau
Cardata has announced a new round of growth investment.


Montreal startup Urbanoid files patent for AI solution based on location intelligence
Published: 15-09-2023 | 13:13:00 | By: Pie Kamau
Urbanoid has developed an innovative technology for marketers to target ads.


Human-like AI Meeranda is now a part of Microsoft for Startups Founders Hub
Published: 25-08-2023 | 10:43:00 | By: Pie Kamau
Meeranda announced its acceptance into the Microsoft for Startups program.


Palantir partners with Toronto-based startup AirMatrix to scale drone operations
Published: 13-07-2023 | 11:19:00 | By: Pie Kamau
Palantir Technologies and AirMatrix have partnered to accelerate drone operations.


Cargo airline startup Ribbit signs $1.3m to test autonomous flights in Canada
Published: 07-07-2023 | 14:31:00 | By: Pie Kamau
Ribbit has signed a $1.3m to test autonomous flights across northern Canada.


New PitchBook survey finds majority of venture capitalists have invested in AI
Published: 03-07-2023 | 11:47:00 | By: Pie Kamau
PitchBook has released findings from a new survey in partnership with Collision.


Plug and Play, Suncor partner to accelerate sustainable energy, digital transformation
Published: 01-06-2023 | 11:01:00 | By: Pie Kamau
Plug and Play has announced a new relationship with Suncor.


Healthtech startup WELL invests in doctorly, launches strategic alliance to tech enable German doctors
Published: 01-03-2023 | 16:28:00 | By: Pie Kamau
WELL Health Technologies (WELL), announced it has made a strategic investment, through its wholly owned subsidiary, WELL Ventures, in doctorly GmbH (doctorly), a medical practice management software provider based in Germany.


Canadian healthtech startup The Rounds closes $6.7m Series A funding to accelerate growth
Published: 08-02-2023 | 10:35:00 | By: Pie Kamau
The Rounds, a Canadian healthcare tech startup, announced the successful close of its Series A round with two follow-on investments totaling $1.6 million CAD from Panoramic Ventures.


Toronto-based startup Credential Sentry automates occupational license verification to combat negligent hiring and retention
Published: 20-01-2023 | 07:50:00 | By: Pie Kamau
Toronto-based startup Credential Sentry, has developed an advanced data analytics algorithm to streamline the credential verification process for businesses operating in licensed industries.


Terramera creates enrichAg to commercialize transformative soil analysis platform with $6m from At One Ventures
Published: 16-01-2023 | 10:56:00 | By: Pie Kamau
Terramera announced the formation of its new majority-owned subsidiary, enrichAg, which will focus on commercializing its soil enrichment platform. The seed round is led with a $6 million investment from AOV.


[Startup Interview] James Adebisi, Founder, Oruis Medical, Nigeria
Published: 23-12-2022 | 12:23:21 | By: Bob Koigi
Orius Medical is a Nigerian health startup that provides mental care and support through psychotherapy and mental health education.


Dutch startup Aiosyn raises €2m to develop AI-powered algorithms to support pathologists with clinical diagnostics
Published: 22-12-2022 | 11:50:00 | By: Pie Kamau
 Aiosyn, a diagnostics platform that uses artificial intelligence to support pathologists with more accurate and efficient clinical diagnostics, raised an investment round of €2 million.


Ran Ziv joins Israeli proptech startup BeamUP as CTO
Published: 22-12-2022 | 11:18:00 | By: Pie Kamau
BeamUP, the pioneer in enterprise data management for building system design and operations, announced it has hired Ran Ziv as CTO.


OKX Ventures, GSRV co-lead $2m seed round for decentralized identity platform Nametag
Published: 22-12-2022 | 11:02:00 | By: Pie Kamau
Nametag, creators of the new standard for end-user identity verification with web3, announced a $2 million seed round co-led by GSRV and OKX Ventures.


Digital asset investment management platform ML Tech raises $1.9m strategic round
Published: 22-12-2022 | 10:37:00 | By: Pie Kamau
ML Tech, a non-custodial digital asset investment management platform providing institutional investors access to automated crypto trading strategies, raised over $1.9 million in a strategic round that included well-known investors.


Fintech enabler Ukheshe secures Series A funding to accelerate international expansion
Published: 22-12-2022 | 10:10:00 | By: Pie Kamau
Ukheshe International, the UK-headquartered division of digital-first, Banking as a Service (BaaS) enabler Ukheshe, announced the conclusion of an investment agreement that will help accelerate its international expansion.


Finnish asset management firm eQ raises more than €500m for private equity and venture capital funds
Published: 21-12-2022 | 09:08:00 | By: Pie Kamau
eQ PE XIV North focusing on Northern Europe held its final close on €288 million, a more than 40 % increase compared to its predecessor.


Paris-based startup QuantCube raises Series B funding to support growth in economic nowcasting, harnessing AI and big data analytics
Published: 21-12-2022 | 08:49:00 | By: Pie Kamau
Real-time economic intelligence provider QuantCube Technology, announced it has secured funding led by Strategic Development Fund (SDF), the investment arm of UAE’s Tawazun Council.


South Korean startup Xinapse scales AI solutions in the global market
Published: 21-12-2022 | 08:35:00 | By: Pie Kamau
Xinapse, a member of the Born2Global Centre, a Korean generative AI startup that is planning to enter the U.S. publishing market and will participate in the upcoming CES exhibition in Las Vegas in 2023, is scaling AI solutions in the global market.


proteanTecs named #1 most promising startup in Israel
Published: 21-12-2022 | 08:14:00 | By: Pie Kamau
proteanTecs, a global pioneer of deep data analytics for advanced electronics, has been named the Most Promising Israeli Startup 2022 by Globes, an Israeli business publication.


Hologram startup Proto secures investment from Christie’s Ventures to accelerate growth
Published: 21-12-2022 | 07:57:00 | By: Pie Kamau
Proto, the original hologram device and platform, announced that Christie's Ventures has invested in the company, solidifying the bonds of their successful collaborations.


Web3 startup Tonsnipe raises $100K to build a token and NFT aggregator on Ton blockchain
Published: 21-12-2022 | 07:44:00 | By: Pie Kamau
Tonsnipe, a web3 startup building on The Open Network has closed a $100K private funding round to develop a Ton blockchain-based native token and NFT aggregator.


Dutch scale ups face €500b financing gap, report
Published: 20-12-2022 | 12:18:00 | By: Pie Kamau
Venture Capital firm Lakestar released The €500 Billion Dutch Financing Gap report, which delves into the Netherland’s strong heritage in scaling growth companies and how it can create the next wave of companies for the future.


Impact Venture Capital invests $8m seed round for Web3 startup Virtualness
Published: 20-12-2022 | 11:52:00 | By: Pie Kamau
Impact Venture Capital announced its investment in Virtualness' oversubscribed $8 million seed round. Virtualness is a mobile-first platform designed to help creators and brands navigate the complex world of Web3.


Mad Capital closes $4m seed round to finance the regenerative agriculture revolution
Published: 20-12-2022 | 11:29:00 | By: Pie Kamau
Mad Capital, an impact-focused lender that offers equitable, flexible funding for organic and transitioning farmers, announced it has raised a $4 million Seed round, led by Trailhead Capital.


Traveltech startup Evaneos raises €20m to accelerate growth in Europe
Published: 20-12-2022 | 11:16:00 | By: Pie Kamau
Evaneos, the online platform dedicated to making travel a source of positive impact, announced a €20 million equity financing round to accelerate growth in Europe.


Healthtech startup PaxeraHealth closes series A funding round to accelerate its enterprise medical imaging and AI authoring platforms
Published: 20-12-2022 | 10:31:00 | By: Pie Kamau
PaxeraHealth, the medical imaging and AI developer, announced the close of its series A financing round led by Sopris Capital, a venture capital firm focused on technology-enabled healthcare solutions.


AI-driven SaaS startup Kuona raises $6m round to solve brand pricing and promotion challenges
Published: 20-12-2022 | 10:07:00 | By: Pie Kamau
Kuona, the intelligent SaaS platform that uses machine learning to automatically optimize product prices, promotions, and inventories for consumer packaged goods (CPGs) and retailers, announced it has raised a $6 million seed round.


Casted launches new program to democratize access to podcasting
Published: 19-12-2022 | 09:14:00 | By: Pie Kamau
Casted, the first and only podcast and video marketing platform made for B2B marketers, has launched Casted for Startups.


EG Capital announces anchor closing of its maiden fund to invest in startups across East Africa and Zambia
Published: 19-12-2022 | 09:04:00 | By: Pie Kamau
EG Capital, a growth-oriented private equity impact firm has announced the anchor closing of its first EG-Economic Empowerment Fund LP (EG-EEF), which will invest in medium-sized businesses.


Infinity AI startup raises $5m to build automated synthetic training data
Published: 19-12-2022 | 08:58:00 | By: Pie Kamau
Infinity AI, a startup that generates automated synthetic training data, announced a $5 million seed round led by Matrix with participation from founders and operators from companies like Snorkel AI, Tesla, and Google.


Indian AI-based asset and plant performance startup UptimeAI raises $3.5m funding to expand in the U.S.
Published: 19-12-2022 | 08:44:00 | By: Pie Kamau
UptimeAI, an AI-based digital transformation solution provider for the energy, chemicals, and heavy industries, has raised a total of $3.5 million funding led by Emergent Ventures.


Appier launches AIRIS, next-gen AI-powered CDP leveraging first-party data to activate MarTech applications
Published: 19-12-2022 | 08:17:00 | By: Pie Kamau
Shortening the time spent from data to insight and insight to action, and visualizing results from marketing campaigns remain as critical issues for most enterprises considering Customer Data Platforms (CDP).


Comedian, Actor and Host Howie Mandel Steps into the Metaverse powered by DeepBrain AI
Published: 16-12-2022 | 13:40:00 | By: Pie Kamau
DeepBrain AI, a member of the Born2Global Centre, and Howie Mandel have put their brains together to create AI Howie, a fully interactive virtual human AI replica of the famous comedian, actor, host, and technology enthusiast.


Italian biodiversity startup 3Bee raises €5m to scale the protection of pollinators in Europe
Published: 16-12-2022 | 13:29:00 | By: Pie Kamau
Italian-based scale-up 3Bee (a world with bees), which operates both in the B2C and B2B protection of ecosystems and pollinators area has raised €5 million series A funding round.


Nigerian online furniture store Taeillo raises $2.5m for expansion
Published: 16-12-2022 | 13:17:00 | By: Pie Kamau
Nigerian online store Taeillo, announced a $2.5 million funding round from Aruwa Capital, a growth equity and early-stage investor.


Visa announces grant to help African women fund managers grow their businesses
Published: 16-12-2022 | 13:00:00 | By: Pie Kamau
Visa has announced a grant towards the African Women Impact Fund (AWIF), a collaboration between Standard Bank and the United Nations Economic Commission for Africa (UNECA).


Senegalese startup Kwely launches made in Africa online store
Published: 16-12-2022 | 12:38:00 | By: Pie Kamau
Kwely, a Senegalese-based startup has launched a B2B e-marketplace to provide African producers and manufacturers with a global window to sell their products at scale.


VC fund Ventures Platform closes its pan-African and early-stage fund at $46m
Published: 16-12-2022 | 12:30:00 | By: Pie Kamau
Ventures Platform, a pan-African early-stage Venture Capital firm, announced the final close of its intercontinental fund, at $46 million. 


European fintech Novicap raises €200m for its Credit platform as it hits €1b transaction volume milestone
Published: 14-12-2022 | 09:40:00 | By: Pie Kamau
Novicap, the European fintech providing end-to-end working capital solutions, announced it has raised a €200 million debt facility from London-based asset manager, Fasanara Capital. 


[Column] Thabiso Foto: Can Africa's startup sector keep up its record funding run amidst global turmoil?
Published: 14-12-2022 | 09:07:00 | By: Pie Kamau
Startups have become vital engines of change that can have an outsized impact on an economy. They are crucial in fueling innovation and enhancing economic and digital competitiveness.


Season Group acquires IoT tech startup Pycom to give all connected ideas an opportunity to succeed
Published: 14-12-2022 | 08:59:00 | By: Pie Kamau
Season Group, an international electronics design and manufacturing services provider headquartered in Hong Kong, announced its acquisition of all assets of Pycom, a full stack Internet of Things (IoT) company.


African tech startup SeamlessHR picks Nairobi as its East African Hub
Published: 14-12-2022 | 08:46:00 | By: Pie Kamau
Nigeria’s tech startup SeamlessHR has launched its offices in the Kenyan market, choosing Nairobi as its East African Hub.


Shield AI boosts Series E to $225m to accelerate building world's best AI pilot
Published: 14-12-2022 | 08:37:00 | By: Pie Kamau
Shield AI, a fast-growing defense technology company building AI pilots for aircraft, announced it has raised additional equity capital from the U.S. Innovative Technology Fund (USIT).


Canadian healthtech startup KeyOps raises $4m seed round to fuel expansion in the U.S.
Published: 14-12-2022 | 08:27:00 | By: Pie Kamau
KeyOps, a Toronto-based Insights-as-a-Service (IaaS) startup, announced it has raised $4 million (CAD) in seed funding.


South African early-stage VC firm 4Di Capital announces close of $25m seed fund
Published: 09-12-2022 | 13:22:00 | By: Pie Kamau
South African early-stage technology venture capital fund manager 4Di Capital has announced the close of $25 million seed fund.


First investment of Mastercard Foundation Africa Growth Fund goes to Aruwa Capital Management
Published: 09-12-2022 | 13:05:00 | By: Pie Kamau
The first investment of the Mastercard Foundation Africa Growth Fund has gone to Aruwa Capital Management, a gender-lens $20 million fund dedicated to Nigeria's SMEs, managed by a first-time woman-led fund manager.


Identity verification startup Verified.Africa launches in Kenya
Published: 09-12-2022 | 12:59:00 | By: Pie Kamau
Verified.Africa, the pioneer of ID verification, document verification and digital KYC compliance solutions, announced it has launched in Kenya.


Japanese home health lab startup Bisu collaborates with Polaris Dawn to develop new ways to monitor astronaut health
Published: 05-12-2022 | 11:36:00 | By: Pie Kamau
Traveling in space leads to bone loss, muscle loss, and an increased risk of kidney stone formation, often starting within the first 24 hours of spaceflight as calcium levels in bone and tissue decrease.


Patria Investments announces expansion into venture capital
Published: 05-12-2022 | 11:18:00 | By: Pie Kamau
Patria Investments (Patria), a global alternative asset manager in Latin America, announced the launch of a new Venture Capital strategy, anchored by the acquisition of Igah Ventures, one of the pioneers of the sector in Latin America.


VENCO secures $670K pre-seed funding to deliver digital solutions for residential and commercial properties in Africa
Published: 05-12-2022 | 10:55:00 | By: Pie Kamau
VENCO, a technology company that provides solutions to enhance living experiences in residential and commercial communities in Africa, has secured $670K pre-seed funding round.


Plug and Play Japan selects 74 startups for its Winter/Spring 2023 Batch accelerator program
Published: 05-12-2022 | 10:36:00 | By: Pie Kamau
Global innovation platform, Plug and Play Japan has selected 74 startups from Japan and overseas for the Winter/Spring 2023 Batch accelerator program which will be carried out from December 2022 to March 2023.


HashKey and SEBA Bank partner to accelerate institutional adoption of digital assets in Hong Kong and Switzerland
Published: 05-12-2022 | 10:18:00 | By: Pie Kamau
HashKey and SEBA Bank announced a partnership to leverage their digital asset service offerings as well as custody and asset management products to accelerate institutional adoption of digital assets.


Israeli blockchain security startup CyVers raises $8m to bring proactive security to Web3 economy
Published: 05-12-2022 | 09:56:00 | By: Pie Kamau
CyVers, the provider of state-of-the-art proactive Web3 Security for the centralized, decentralized finance and smart contract applications via detection and interception of crypto attacks across blockchains, announced a $8 million in funding.


645 Ventures closes $347m fourth fund and first opportunity fund to invest in technology startups
Published: 02-12-2022 | 12:17:00 | By: Pie Kamau
645 Ventures, an early-stage venture capital firm that partners with exceptional founders building iconic technology companies, announced its oversubscribed fourth fund, Fund IV, alongside the launch of the firm's first opportunity fund, Select I.


Canadian B2B automotive trading startup TRADE X opens new trading facilities in Kenya
Published: 02-12-2022 | 11:56:00 | By: Pie Kamau
TRADE X, a B2B cross-border automotive trading platform based in Ontario, Canada, announced it has opened a new Kenyan trading corridor, which includes both a shared bonded warehouse in Mombasa and an office in Nairobi.


[Nebulab Case] How this e-Commerce tech studio went global to fight talent shortage and improve diversity
Published: 02-12-2022 | 11:42:00 | By: Pie Kamau
Hiring talent has become one of the top challenges for technology companies. The global talent shortage and emerging trends have made finding and retaining skilled professionals more difficult.


Identity hygiene startup SPHERE raises $31m Series B funding to accelerate growth, expand its SaaS platform
Published: 02-12-2022 | 11:21:00 | By: Pie Kamau
SPHERE Technology Solutions (SPHERE), a pioneer in identity hygiene, announced a $31 million Series B investment led by Edison Partners, a Princeton-based growth equity firm.


Yida Gao and Shima Capital invest in Web3 gaming startup Midnight
Published: 02-12-2022 | 10:52:00 | By: Pie Kamau
Shima Capital, led by founder and Managing General Partner Yida Gao, announced their investment in Web3 gaming startup Midnight.


Swedish automotive manufacturer Scania launches Scania Growth Capital II at €182.8m
Published: 01-12-2022 | 11:32:00 | By: Pie Kamau
Sweden-based automotive company Scania, announced it is launching a new €182.8 million investment vehicle, Scania Growth Capital II, following the success of its first venture capital fund, Scania Growth Capital I.


Netail closes $5m seed funding to advance retail-focused AI development
Published: 01-12-2022 | 10:54:00 | By: Pie Kamau
Netail, a technology that enables retailers to auto-identify competitors across the internet and track their assortments, availability and optimize prices in real time, announced the closing of $5 million in seed funding.


Travel startup Wander raises $100m credit facility from Credit Suisse to scale smart vacation homes across the U.S.
Published: 01-12-2022 | 10:36:00 | By: Pie Kamau
Wander, a travel startup with a network of smart vacation homes, announced it has closed a $100 million credit facility with Zürich-based Credit Suisse, a global investment bank and financial services firm.


StartupOS launches platform for early-stage startups
Published: 01-12-2022 | 10:08:00 | By: Pie Kamau
StartupOS announced it has launched a platform for early-stage startups that provides free access to the business tools, guidance, mentors, and investors that founders need to accelerate the growth of their company and raise capital.


Nigerian foodtech Orda raises $3.4m seed round to digitize African restaurants
Published: 01-12-2022 | 09:48:00 | By: Pie Kamau
Nigerian foodtech platform Orda announced has raised a $3.4 million seed round to further digitize food businesses across the continent.


Canadian SaaS startup Produce8 closes $6m investment to accelerate growth in the future of workforce analytics
Published: 29-11-2022 | 13:58:00 | By: Pie Kamau
Produce8, a startup SaaS company aiming to reduce distractions and increase productivity for distributed and digital-first teams, announced $6 million in funding to support strategic growth.


Plug and Play partners with Canadian airline WestJet to leverage AI and Machine Learning solutions
Published: 23-11-2022 | 09:06:00 | By: Pie Kamau
Global innovation platform Plug and Play announced its partnership with WestJet, Canada's second largest airline in both their Silicon Valley and Alberta, Canada locations.


Montreal-based BoostSecurity exits stealth with $12m seed funding to secure the software supply chain
Published: 18-11-2022 | 10:58:00 | By: Pie Kamau
BoostSecurity, the developer-first, zero friction DevSecOps automation platform that builds trust into every step of the software supply chain, has emerged from stealth with $12 million in seed funding.


[Startup Interview] Ganesh Verma, Founder, MoogleLabs, Canada
Published: 18-11-2022 | 09:31:39 | By: Bob Koigi
MoogleLabs is a Canadian startup that leverages emerging technologies like artificial intelligence, machine learning, Blockchain, DevOps, and Metaverse to come up with innovative solutions that help companies become more cost-effective.


Canadian Lia 27 becomes the new face of AI after closing seed funding round at $5m valuation
Published: 27-09-2022 | 16:35:00 | By: Pie Kamau
Canadian Artificial Intelligence (AI) company Lia 27 Inc, announced it has closed a seed funding round valuing the company at $5 million. The funding launches the one-year-old business into the next dimension. 


Idealist Capital announces first close of its Climate Impact Fund to accelerate energy transition
Published: 21-09-2022 | 11:32:00 | By: Pie Kamau
Idealist Capital, a North American fund with a primary focus on the Canadian market, announced the first closing of the Idealist Climate Impact Fund LP (the Fund) with capital commitments totalling C$250 million. 


Canadian Raven Indigenous Capital Partners launches Fund II at $46m, eyes U.S. markets
Published: 21-09-2022 | 10:06:00 | By: Pie Kamau
Raven Indigenous Capital Partners, North America’s only Indigenous-led and owned venture capital intermediary, launched its second fund (Raven Fund II) with an initial close of $46 million, and a target size of $75 million.


Canadian startup Vive Crop Protection closes $26m funding round to accelerate its precision chemistry platform
Published: 22-08-2022 | 13:16:00 | By: Pie Kamau
Vive Crop Protection announced the close of $26 million Series C investment round, led by Emmertech with participation from the Cibus funds, and existing investors Business Development Bank of Canada (BDC).


Budmail announces partnership with Canadian AI startup Lil Durk
Published: 16-08-2022 | 16:40:53 | By: Pie Kamau
Lil Durk (LilDurk.com), a Canadian news & technology company enhanced by AI-driven neural networks, has announced a strategic partnership agreement with Budmail, a retail-focused cannabis company.


Canadian AI startup Proto raises $5.6m Series A funding to accelerate global expansion
Published: 10-08-2022 | 10:55:00 | By: Pie Kamau
Canadian startup Proto announced it has raised $5.6 million Series A round led by Mucker Capital with participation from Yolo Investments for the global expansion of its AI Customer Experience (AICX) solutions.


Canadian news and technology startup startup Lil Durk raises $20m to reduce misinformation
Published: 03-08-2022 | 15:47:00 | By: Pie Kamau
Lil Durk (LilDurk.com), a Canadian news and technology startup enhanced by A.I.-driven neural networks, announced it has raised an additional $20 million in equity through a private funding round led by Alexander Elder.


Canadian biotech startup Spiderwort secures $13.2m financing to accelerate clinical trials of biomaterials
Published: 12-07-2022 | 15:19:00 | By: Pie Kamau
Spiderwort, the biotech company innovating in cellulose-based tissue scaffolding to treat acute spinal cord injuries, announced the successful completion of its $13.2 million Series A financing.


Inovia Capital closes $325m early-stage fund to strengthen the Canadian tech ecosystem
Published: 16-06-2022 | 15:43:00 | By: Pie Kamau
Inovia Capital announced it raised $325 million for its fifth early-stage fund, the latest step in its journey to help build global, sustainable companies that strengthen the Canadian tech ecosystem.


Canadian digital footprint monitoring startup Flare raises CAD$9.5m Series A to democratize cybersecurity
Published: 10-06-2022 | 11:06:00 | By: Pie Kamau
Flare, the leader in digital footprint monitoring, announced a CAD$9.5 million Series A Round led by Inovia Capital with participation from White Star Capital and Luge Capital.


Vancouver cleantech startup VoltSafe introduces electrical technology to reduce the effects of inflation
Published: 02-06-2022 | 16:13:00 | By: Pie Kamau
Vancouver cleantech startup VoltSafe has introduced a new electrical technology to reduce inflation effects in marine, automotive and housing industries.


Canadian biotech startup Evolved Meats raises $2m seed round to accelerate growth
Published: 23-05-2022 | 13:08:00 | By: Pie Kamau
Evolved Meats ("Evolved"; formerly known as CaroMeats), a Canadian biotechnology startup, has raised $2 million in its seed round to accelerate its product development and to support the initial scale up of its production processes.


Canadian medical startup DrugBank raises $9m to solve growing biomedical data problem
Published: 12-04-2022 | 11:58:00 | By: Pie Kamau
Canadian future of medicine startup, DrugBank, announced the securing $9 million in seed funding to solve the challenges associated with the world's exponentially-growing biomedical data.


Construction tech company myComply closes $4.5m seed round to expand its workforce management solution
Published: 11-04-2022 | 12:40:00 | By: Pie Kamau
myComply, a Saskatchewan-based of IoT technology and cloud-connected software for the construction industry, landed its final capital to close its seed round investment at a total of $4.5 million.


Canadian healthtech startup Clinia raises $5m to power personalized pathways into every health journey
Published: 16-03-2022 | 12:57:00 | By: Pie Kamau
Montreal-based startup Clinia, the personalized health navigation platform, announced a $5 million CAD Seed funding round to scale the growth of its health search infrastructure across North America.


Canadian tech startup Calico secures $2.1m to revolutionize modern supply chains
Published: 09-03-2022 | 09:50:00 | By: Pie Kamau
Calico, the developer of the first AI-powered smart supply chain management platform, announced it has raised $2 million in seed funding. The growth financing is led by Serena Ventures following 300% growth since January 2022.


Canadian impact venture fund Amplify Capital closes $30.7m Fund II, expands investment team
Published: 07-02-2022 | 12:54:00 | By: Pie Kamau
Amplify Capital, a Canadian impact venture fund, closed its oversubscribed Fund II on January 31, 2022, at $30.7 million. Amplify Capital was rebranded from the MaRS Catalyst Fund after spinning out of the MaRS Discovery District in 2019.


Canadian fintech startup Periculum launches in Nigeria to build credit assessment infrastructure for Africa
Published: 17-01-2022 | 14:28:28 | By: Pie Kamau
Canadian fintech startup and credit assessment company Periculum, has launched in Nigeria to tackle the challenge of domestic credit to the underserved markets.


Canadian fertility tech startup raises Series A financing round to progress AI-enabled fertility solutions
Published: 10-01-2022 | 15:04:58 | By: Pie Kamau
Future Fertility, a fertility technology company developing AI-enabled and non-invasive fertility solutions to optimize clinical decision making in fertility care and in vitro fertilization (IVF), announced it has successfully raised a Series A financing round.


Canadian electric vehicle startup eLeapPower raises $21m funding to accelerate initial production and global growth
Published: 15-12-2021 | 12:03:00 | By: Pie Kamau
eLeapPower, a technology innovator revolutionizing electric vehicles inside and outside, with its Smart Inverter System, announced it raised $21 million CAD in Series A funding.


Canadian fintech startup Payment Rails rebrands as Trolley, closes $7 million funding
Published: 07-12-2021 | 15:19:36 | By: Bob Koigi
Canadian Fintech startup Payment Rails has revealed that it is rebranding as Trolley—the payouts platform for the internet economy. The newly renamed Trolley also announced its recent $7M Series A funding round led by Pace Capital.


Canadian bike-tech startup MyVeloFit secures seed funding to scale up its operations, expand service offering
Published: 01-12-2021 | 14:41:00 | By: Pie Kamau
Canadian bike-tech startup MyVeloFit secured seed funding with Shopify's former Chief Technology Officer Cody Fauser leading the investment.


Canadian startup OutPoint raises $1.2m to help high-growth brands improve paid marketing effectiveness
Published: 26-11-2021 | 11:13:00 | By: Pie Kamau
OutPoint, an automated media mix modeling (MMM) platform, announced it raised $1.2 million in pre-seed funding to transform how high-growth consumer brands measure paid media effectiveness and diversify marketing investments.


Axelar secures investment from Crypto.com Capital to bolster its efforts to connect blockchain ecosystems
Published: 26-11-2021 | 11:00:00 | By: Pie Kamau
Axelar, the universal interoperability network connecting all blockchain ecosystems, applications, assets, and users, announced it has secured a strategic investment from Crypto.com Capital, the investment arm of cryptocurrency giant Crypto.com.


Toronto-based mobility startup Treepz expands to East Africa, acquires Uganda's Ugabus
Published: 24-11-2021 | 07:40:00 | By: Pie Kamau
In a bid to digitize the public transportation system and provide safer, reliable and comfortable commute options across Africa, Toronto-based shared mobility company Treepz, announced its acquisition of a similar Ugandan bus company Ugabus.


Healthy dog food delivery startup, Dog Standards, launches in Canada
Published: 18-11-2021 | 19:25:21 | By: Bob Koigi
The company will be one of the first of its kind in Canada to offer human-grade, vet-developed and preservative-free dog food direct-to-consumers across the country.


Pan-African fintech startup Payday joins Techstars Toronto Accelerator program
Published: 22-10-2021 | 14:34:00 | By: Pie Kamau
Payday, a Pan-African fintech startup announced it has joined Techstars Toronto Accelerator program.


Canadian energy startup Pani secures $8m to scale up AI solution to improve water and energy efficiency in water treatment facilities
Published: 15-10-2021 | 12:01:00 | By: Pie Kamau
Pani, a Canadian software-as-a-service (SaaS) company, announced the completion of an oversubscribed $8 million CAD capital raise.


Canadian precision-farming startup Semios raises $100m in capital to expand agtech platform globally
Published: 29-09-2021 | 13:53:00 | By: Pie Kamau
Semios, a precision-farming platform and one of the world's largest independent agtech solutions providers, announced it has raised $100 million in funding led by Morningside Group, a Boston-based private equity and venture capital firm.


Alberta tech startups to plug into global innovation system through new business accelerator
Published: 24-09-2021 | 14:12:00 | By: Pie Kamau
Alberta tech entrepreneurs and startups will soon have access to an accelerator with worldwide reach that will help them grow their businesses.


Canadian supplier enablement startup Convictional raises $6.7m Series A funding
Published: 24-09-2021 | 13:14:00 | By: Pie Kamau
Convictional, the first supplier enablement platform for retailers and distributors to power drop ship, marketplace and wholesale business models in one solution, announced it has secured $6.7 million in Series A funding.


Canadian machine learning startup Private AI secures $3.15m seed round to streamline privacy compliance for enterprises
Published: 16-09-2021 | 12:47:00 | By: Pie Kamau
Private AI, a developer of privacy-preserving machine learning and natural language processing tools, announced it has secured $3.15 million in seed funding to improve its product offering.


Canadian machine learning startup CruxOCM raises $6m venture financing to accelerate growth
Published: 15-09-2021 | 16:31:00 | By: Pie Kamau
CruxOCM, the pioneer of robotic industrial process automation (RIPA) for control room operations, announced it has raised $6 million in venture financing to fuel growth.


Canadian plant-based food innovation startup TMRW Foods raises $2.6m in seed round funding
Published: 08-09-2021 | 12:09:00 | By: Pie Kamau
TMRW Foods, the growing Canadian plant-based food innovation company, announced a seed round investment of $2.6 million.


Foodtech startup GrubMarket acquires Bartolotta, further expands in Eastern US and Canada
Published: 07-09-2021 | 16:04:00 | By: Pie Kamau
Food technology startup GrubMarket announced it has completed the acquisition of Bartolotta, a full-service provider of fresh fruits and vegetables to customers in New England, the Mid-Atlantic and Eastern Canada.


Canadian tech startup Edgehog secures $1.25m seed round to accelerate growth
Published: 22-07-2021 | 12:53:00 | By: Pie Kamau
Edgehog Advanced Technologies, developer of the world's best nanotextured, omni-directional, anti-reflective glass, announced the first closing of $1.25 million of its $2.5 million seed capital raise.


Tech startup Properly raises $35m Series B financing to transform real estate experience In Canada
Published: 21-07-2021 | 12:37:00 | By: Pie Kamau
Properly, the Canadian tech-enabled real estate brokerage, announced $35 million in Series B financing to fuel a national expansion across Canada's $400 billion real estate market.


Canadian space-tech startup SkyWatch partners with Wyvern to deliver next-gen earth observation data
Published: 30-06-2021 | 16:26:00 | By: Pie Kamau
SkyWatch Space Applications, a Waterloo-based space technology startup, signed an agreement to deliver data management capabilities to Wyvern, a commercial space data company headquartered in Edmonton, Alberta, Canada.


Toronto-based multifamily proptech startup Yuhu launches in the US
Published: 25-06-2021 | 11:33:54 | By: Pie Kamau
Toronto-based multifamily proptech startup Yuhu announced a market entrance into the U.S. operations technology marketplace, offering their unique co-innovative property management software solution to owners and managers across the United States.


Canadian Esplanade Healthtech Ventures closes oversubscribed inaugural digital health fund
Published: 16-06-2021 | 11:43:00 | By: Pie Kamau
Esplanade HealthTech Ventures (Esplanade or the Fund), announced the closing of its oversubscribed inaugural venture fund, Esplanade HealthTech Ventures I (Fund I), with commitments totaling more than C$21 million.


Food startup OZO expands plant-based proteins to international retail starting in Canada
Published: 11-06-2021 | 14:44:00 | By: Pie Kamau
Planterra Foods, an innovative plant-based protein startup based in Colorado, announced a supply agreement with UNFI Canada, a subsidiary of UNFI, the largest publicly traded grocery distributor in North America.


Canadian commercialization venture firm FACIT leads seed round in Nanology Labs
Published: 02-06-2021 | 17:07:00 | By: Pie Kamau
FACIT, a commercialization venture firm focused on advancing Ontario's top-tier oncology innovations, announced a new follow-on investment in startup Nanology Labs.


Payment facilitation startup Tilled raises $11m Series A to provide PayFac-as-a-Service infrastructure to software companies
Published: 26-05-2021 | 15:38:00 | By: Pie Kamau
PayFac-as-a-Service startup Tilled, announced the close of $11 million in Series A funding to empower software companies to monetize the payments flowing through their platforms.


Canadian startup OpenUnit closes $1m seed round for expansion
Published: 24-05-2021 | 14:55:00 | By: Pie Kamau
OpenUnit, a Y Combinator-backed all-in-one commerce platform for self-storage facilities, announced that it has raised a $1 million seed investment round with participation from luminaries in the real estate and technology industries.


Creator platform Fanbase attracts high-profile artists and creators, expands into three new territories
Published: 18-05-2021 | 13:58:00 | By: Pie Kamau
Fanbase, the subscription-based social platform that empowers creators to monetize their content and grow their fanbase, is on the verge of closing its seed round, already raising $3.1 million dollars on StartEngine.


Plug and Play Canada selects 12 startups to participate in Toronto Supply Chain and Logistics Program
Published: 18-05-2021 | 13:24:26 | By: Pie Kamau
Plug and Play Canada announced the selection of 12 startups into the first batch of the Toronto Supply Chain & Logistics Program.


Canadian startup Agnostiq secures $2m seed round to further develop SaaS-based quantum solutions
Published: 14-05-2021 | 12:16:00 | By: Pie Kamau
Agnostiq, Inc., the quantum computing SaaS startup, has raised $2 million in seed funding to support the continued development of its software platform.


Agora debuts program to help startups accelerate time-to-market, create engaging experiences for customers
Published: 26-03-2021 | 10:54:00 | By: Pie Kamau
Agora Inc., a pioneer platform for real-time engagement APIs, announced the debut of the Agora Startup Program to empower global entrepreneurs and startup founders with exclusive backend support for real-time engagement.


SOSA teams up with the CTA to scale Canadian cyber startups in the U.S
Published: 26-03-2021 | 10:18:00 | By: Pie Kamau
SOSA, the global open innovation company, announced its partnership with the Canadian Technology Accelerator (CTA), to launch the next CTA Cybersecurity, Privacy & Compliance Virtual Program in New York.


Canadian startup Arteria AI raises $11m on oversubscribed Series A to accelerate growth in global financial institutions
Published: 23-03-2021 | 14:07:00 | By: Pie Kamau
Arteria AI, a global player in enterprise digital contracting, announced the closing of an oversubscribed Series A funding round, led by Information Venture Partners and Illuminate Financial Management.


Canadian fintech startup FIX4 set to transform car repair loan market
Published: 18-03-2021 | 12:10:26 | By: Pie Kamau
Canadian retail finance startup FIX4 Capital has joined the "Buy Now Pay Later" boom by offering instant online loan approvals so customers can enjoy flexible payment solutions for any car repair and maintenance estimates.


Canadian cybersecurity startup Turnstil.Cloud bot analytics & management for cloudflare emerges from stealth
Published: 11-03-2021 | 09:36:20 | By: Pie Kamau
Turnstil.Cloud, a Canadian cybersecurity startup specializing in real-time bot analysis and management, announced it has emerged from stealth with the publication of a SaaS bot management solution for Cloudflare users.


Nex Cubed partners with Canadian government to support digital health startups
Published: 16-02-2021 | 10:44:00 | By: Pie Kamau
Nex Cubed, early-stage innovation and startup acceleration, announced a partnership with the Government of Canada to launch the SoCal Tech Highway Digital Health Program to support Canadian Digital Health startups .


EUNIKE Ventures partners with Foresight to accelerate growth of cleantech ventures in Canada
Published: 16-02-2021 | 10:25:00 | By: Pie Kamau
Foresight Cleantech Accelerator Centre (Foresight) and Eunike Ventures (Eunike) announced a collaborative partnership to further accelerate the growth of Canadian companies with promising cleantech solutions for the energy industry.


[Startup Interview] Wayne Madhlangobe, Co-Founder, Intelius AI, Canada
Published: 10-02-2021 | 08:26:00 | By: Bob Koigi
Intelius AI is a Canadian startup offering an array of advanced analytics consulting services across industries and assisting businesses to leverage artificial intelligence to make confident and informed decisions. The startup's co-founder and CTO, Wayne Madhlangobe, explains.


Canadian tech startup Vegano disrupts meal-kit delivery services market
Published: 29-01-2021 | 14:47:42 | By: Pie Kamau
Vegano, Canada's first plant-based meal-kit delivery service, is helping Canadians take plant-based living beyond Veganuary. Following its official launch on January 4, 2021, Vegano has delivered over 800 meals.


Canadian edtech startup Wize raises $3m to enhance online learning experience
Published: 29-01-2021 | 13:54:00 | By: Pie Kamau
Wize, a fast-growing online education platform that delivers course-specific video tutorials and exam-like practice problems for high school, college, and university students across North America, announced it has raised $3 million in funding.


Canadian startup Tealbook raises $14.4m Series A funding to accelerate growth
Published: 27-01-2021 | 10:54:00 | By: Pie Kamau
Tealbook, the Trusted Source of Supplier Data, announced it closed $14.4 million on the heels of tremendous growth, in an A round with lead investor, RTP Global.


Canadian hormone tracking startup Eli raises $1.5m to reshape women's health
Published: 22-01-2021 | 14:21:00 | By: Pie Kamau
Eli, a company enabling women to own their fertility and health decisions with a novel hormone tracking technology, announced its $1.5 million seed round co-led by Vectr Ventures and 2048 Ventures.


Canadian financial-planning startup Planswell eyes global expansion with C-suite appointments
Published: 21-01-2021 | 09:38:34 | By: Pie Kamau
Planswell, the Toronto-based startup delivering free financial plans in about three minutes at Planswell.com, is preparing for expansion to Latin America and Asia by filling key executive positions.


Innodem Neurosciences secures $6m Series A financing from Morningside Group
Published: 20-01-2021 | 11:08:00 | By: Pie Kamau
Innodem Neurosciences, a Montreal-based company, has closed a Series A financing round led by Morningside Ventures to support the development and commercialization of its proprietary, patented, digital biomarking technology of neurodegenerative diseases.


Ontario Brain Institute increases investment in Diamond Therapeutics startup to accelerate innovation in mental health
Published: 19-01-2021 | 12:46:00 | By: Pie Kamau
Emerging psychedelic drug development company Diamond Therapeutics has received new investment from the Ontario Brain Institute (OBI), a not-for-profit organization that accelerates discovery and innovation, benefiting both patients and the economy.


Canadian energy innovator e-Zinc raises $2.3m to accelerate commercialization of its breakthrough energy storage technology
Published: 18-01-2021 | 17:20:00 | By: Pie Kamau
e-Zinc, a Toronto-based energy storage innovator, announced it has raised $2.3 million in a closed round led by BDC Capital's Cleantech Practice.


Canadian tech startup 3D CityScapes to revolutionize real estate, property development industries
Published: 13-01-2021 | 12:57:00 | By: Pie Kamau
Canadian tech startup 3D CityScapes announced a breakthrough in its cloud streaming technology that allows their interactive visualization app to be available anywhere, on any device with internet connection.


SnapAP secures new equity investment financing led by Israel-based angel group
Published: 18-12-2020 | 11:56:45 | By: Pie Kamau
Snap Accounts Payable Corporation announced it has completed the first stages of a planned $2 million Seed Stage round of financing being led by a group of angel investors all located in Israel.


Canadian City MOGULS launches online startup pitch competition
Published: 11-12-2020 | 14:20:00 | By: Pie Kamau
Toronto-based City MOGULS lauched Moguls in The Making, an opportunity for startups to pitch their business in front of a panel of expert judges and live audience on December 16, 2020.


Canadian medtech startup Kenota Health raises $11m to bring point-of-care allergy testing to healthcare clinics
Published: 08-12-2020 | 13:59:00 | By: Pie Kamau
Kenota Health, an innovative medical technology company based in Canada, has raised $11 million in funding with the aim of providing rapid and reliable allergy testing for physicians to test and treat more patients within a single clinic visit.


Plant-based activewear startup TVAAG launches on Kickstarter
Published: 02-12-2020 | 15:03:49 | By: Pie Kamau
Plant-based activewear startup TVAAG announced its launch on on Kickstarter. Founded in P.E.I in 2020, TVAAG uses a combination of Indian traditional textile manufacturing principles and modern fabric technology in sustainable fashion.


Tech startup Nestlings raises $1.5m to help international students through college application process
Published: 26-11-2020 | 10:52:00 | By: Pie Kamau
Nestlings, an online portal that guides international students through the process of applying to colleges in the US, Canada, and the UK, has raised $1.5 million in a Seed Round of funding from Candid Ventures.


Toyota AI Ventures invests in Canadian robotic kitchen startup YPC Technologies
Published: 21-10-2020 | 11:50:09 | By: Pie Kamau
Toyota AI Ventures, Toyota's early-stage venture capital fund, announced its investment in YPC Technologies, a robotic kitchen startup based in Montreal, Canada.


Halifax partners with ShopHere powered by Google to help small businesses sell online
Published: 06-10-2020 | 15:21:22 | By: Bob Koigi
Halifax Partnership has launched the ShopHERE powered by Google program in Halifax, a Canadian initiative that helps small businesses build online stores.


Canadian tech startup S-Factor launches final seed fundraising round
Published: 05-10-2020 | 11:45:34 | By: Pie Kamau
S-Factor, a private technology firm providing the most comprehensive set of social impact data currently available on the market, announced the launch of its final seed fundraising round via a private equity placement.


S2G Ventures, CDPQ announce funding for startups in sustainable food business
Published: 30-09-2020 | 15:55:00 | By: Bob Koigi
Caisse de dépôt et placement du Québec (CDPQ) and S2G Ventures (S2G) have announced creation of a co-investment partnership that will target ventures that aim to make the food and agriculture industry more sustainable.


ventureLAB, Silicon Catalyst partner to expand hardware and silicon ecosystem in Canada
Published: 17-09-2020 | 11:37:30 | By: Bob Koigi
Canada-based technology hub ventureLAB has partnered with Silicon Catalyst to expand its reach for the Hardware Catalyst Initiative (HCI), Canada’s first hardware and silicon lab and incubator.


SaaS Ventures announces launch of second fund, raises $20m in first close
Published: 08-09-2020 | 16:04:00 | By: Pie Kamau
SaaS Ventures, a Maryland-based venture capital firm focused on investing in early stage enterprise technology companies in secondary markets throughout the U.S. and Canada, has announced the launch of a second fund (Fund II).


Paul Lamontagne steps down as CEO of FinDev Canada
Published: 07-09-2020 | 11:27:26 | By: Pie Kamau
Following close to three years as the first CEO of Findev Canada, Paul Lamontagne has announced that he is stepping down effective September 11, 2020.


Canadian startup OpenUnit raises $150K pre-seed funding from Y Combinator
Published: 28-08-2020 | 13:43:00 | By: Pie Kamau
Toronto-based OpenUnit announced it has raised $150,000 in pre-seed funding from US accelerator Y Combinator.


Connectus Global closes venture funding round from Texas based CSL Ventures
Published: 21-08-2020 | 11:10:00 | By: Pie Kamau
Canadian based Connectus Global (Connectus), closed its Seed Round of financing led by Houston, Texas based CSL Ventures, the venture capital arm of energy services private equity firm CSL Capital Management.