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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3770506 | Tags:

















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




















Basis secures $3.6m to bring AI to accounting firms
Published: 31-10-2023 | 10:18:00 | By: Pie Kamau






















Primer joins NVIDIA Inception program for cutting-edge AI startups
Published: 27-10-2023 | 10:12:00 | By: Pie Kamau


BeatMarket platform launches to empower long-term retail investors
Published: 26-10-2023 | 14:45:00 | By: Pie Kamau


The Batchery unveils its17th batch of innovative startups
Published: 26-10-2023 | 14:30:00 | By: Pie Kamau




RevRoad Capital raises $61m to scale early stage startups in Utah
Published: 25-10-2023 | 12:35:00 | By: Pie Kamau
RevRoad Capital announced a $61 million final close of its first fund.


Insurtech startup QuoteWell comes out of stealth, raises $15m Series A funding round
Published: 25-10-2023 | 12:00:00 | By: Pie Kamau
QuoteWell has announced the launch of its brokerage operations.


xtype secures $10.8m funding to amplify its impact in the ServiceNow market amidst soaring demand
Published: 25-10-2023 | 11:32:00 | By: Pie Kamau
xtype, the agile software delivery company, has secured $10.8m additional funding.


Quantum Systems secures €63.6m to bolster European resilience through aerial intelligence
Published: 25-10-2023 | 10:39:00 | By: Pie Kamau
Quantum Systems has announced the completion of €63.6m Series B funding.


Dublin-based Kota raises €5m to enable employers to cover employees’ benefits
Published: 25-10-2023 | 10:15:00 | By: Pie Kamau
Kota, an all-in-one platform to automate insurance, has raised €5m seed round.


Circu Li-ion receives €8.5m seed funding to automate sustainable battery recycling
Published: 24-10-2023 | 10:30:00 | By: Pie Kamau
Circu Li-ion has announced the closing of a €8.5m seed financing round.


Former JP Morgan exec Jeremy Balkin launches innovative payment solution TodayPay
Published: 24-10-2023 | 09:50:00 | By: Pie Kamau
TodayPay has emerged from stealth mode to unveil payment technology solution.


Cecilian Partners secures growth funding from Dallas-based VC firm Perot Jain
Published: 19-10-2023 | 15:49:00 | By: Pie Kamau
Cecilian Partners has secured growth capital from Dallas-based VC firm Perot Jain.


Estonian startup Bisly raises €3.6m for energy-saving building automation in EU
Published: 19-10-2023 | 14:44:00 | By: Pie Kamau
Bisly has closed a €3.6 million round of fundraising.


RespirAI partners with Mayo Clinic to develop AI respiratory platform
Published: 19-10-2023 | 13:38:00 | By: Pie Kamau
RespirAI Medical has entered into a collaboration with Mayo Clinic for developing a wearable AI-based home monitoring platform for respiratory diseases.


Mudrex launches Saber.Money to offer onramp and offramp services in India
Published: 19-10-2023 | 13:09:00 | By: Pie Kamau
Mudrex announced the launch of Saber.Money to offer services to B2B clients.


Roofing technology startup Roofr raises $23.5m to build end-to-end roofing software
Published: 19-10-2023 | 11:36:00 | By: Pie Kamau
Roofr, a roofing technology startup, has raised $23.5m in funding.


Paris-based startup Hivebrite secures $37m to expand global community engagement platform
Published: 18-10-2023 | 13:20:00 | By: Pie Kamau
Hivebrite has raised a $37m Series B funding round.


Stockholm-based climate fintech Cloover secures €7m for renewable energy solutions
Published: 18-10-2023 | 13:03:00 | By: Pie Kamau
Cloover has closed an oversubscribed €7 million pre-seed investment round.


Cerebrum Tech secures $1.8m investment to accelerate growth of Generative AI
Published: 18-10-2023 | 12:43:00 | By: Pie Kamau
Cerebrum Tech has secured an investment of $1.8m, valuing the company at $15m.


Cohere taps NetSuite to scale business processes, meet global AI demand
Published: 18-10-2023 | 12:23:00 | By: Pie Kamau
Cohere has selected NetSuite to support its mission to empower enterprises.


Open wealth platform Flanks secures $8m to disrupt the wealth management sector
Published: 18-10-2023 | 11:52:00 | By: Pie Kamau
Flanks, an API for automated wealth services, has secured $8m Series A round.


Reality Defender secures $15m Series A funding to detect text, video and image deepfakes
Published: 17-10-2023 | 16:55:00 | By: Pie Kamau
Reality Defender announced it has raised $15 million in Series A funding.


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.


HeartX Accelerator announces five startups selected for the 2023 program
Published: 17-10-2023 | 14:25:00 | By: Pie Kamau
HeartX has selected five startups that will participate in the 2023 accelerator program.


Edinburgh-based Par Equity launches £100m fund to scale high-growth tech companies
Published: 17-10-2023 | 13:50:00 | By: Pie Kamau
Par Equity has announced the launch of its new venture fund.


German insurtech Getsafe acquires French startup Luko to expand its European presence
Published: 17-10-2023 | 13:09:09 | By: Pie Kamau
Getsafe has entered into an agreement to acquire French insurtech Luko.


EIF and Swedish fintech Invoier boost European SMEs with €58m financing
Published: 16-10-2023 | 14:59:00 | By: Pie Kamau
EIF and Invoier have partnered to provide SMEs with better access to funding.


Trind invests in Spanish startup Webel to expand services marketplace
Published: 16-10-2023 | 14:31:00 | By: Pie Kamau
Webel, the app that brings any service to your doorstep, has raised €2.1m.


Kuramo Capital to invest $150m in women-led startups in Africa
Published: 16-10-2023 | 13:59:00 | By: Pie Kamau
Kuramo Capital Management has announced plans to invest $150m in female-led enterprises.


South African logistics startup Tripplo raises $1.8m funding to scale its operations
Published: 16-10-2023 | 13:35:00 | By: Pie Kamau
Tripplo has closed its seed funding extension round with $1.8m equity investment.


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.


Mobility startup Treepz launches insurance program for car rentals in Africa
Published: 13-10-2023 | 15:32:01 | By: Pie Kamau
Treepz is introducing an insurance program for car rentals in Africa.


Finnish energy tech startup Capalo AI raises €500K to accelerate growth
Published: 13-10-2023 | 14:32:00 | By: Pie Kamau
Capalo AI has raised €500K funding to further develop its virtual power plant.


AWS and Immutable partner to supercharge mass adoption of Web3 gaming globally
Published: 13-10-2023 | 14:14:00 | By: Pie Kamau
Immutable will work with AWS to accelerate the on-boarding of game studios to Web3.


Film tech startup KINO Studios secures $2m to reshape the entertainment economics
Published: 13-10-2023 | 13:57:00 | By: Pie Kamau
KINO announced $2m oversubscribed pre-seed funding round.


Bedrock Energy raises $8.5m to decarbonize commercial real estate with geothermal energy
Published: 13-10-2023 | 13:41:00 | By: Pie Kamau
Bedrock Energy has announced $8.5 million in seed capital.


Sony launches Sony Innovation Fund Africa
Published: 12-10-2023 | 11:50:00 | By: Pie Kamau
Sony has launched ''Sony Innovation Fund: Africa" to support the growth of the entertainment businesses in Africa.


Intento secures $8m Series A funding to enhance multilingual GenAI capabilities
Published: 12-10-2023 | 11:39:00 | By: Pie Kamau
Intento announced a $8 million Series A funding round led by Somersault Ventures.


Aclid closes $3.3m seed funding to advance biosecurity and compliance
Published: 12-10-2023 | 11:27:00 | By: Pie Kamau
Aclid announced the closing of an oversubscribed seed financing of $3.3 million.


Swiss healthtech startup CARE appoints Kay Oswald as CEO for U.S. market expansion
Published: 12-10-2023 | 11:17:00 | By: Pie Kamau
CARE has appointed Kay Oswald as the new CEO.


NVCA updates industry standard model legal documents to empower venture community
Published: 12-10-2023 | 11:03:00 | By: Pie Kamau
NVCA has announced significant updates to five of its premier model legal documents.


Workfully raises €1.2m seed round to build the most trusted recruiting experience
Published: 11-10-2023 | 12:31:00 | By: Pie Kamau
Workfully has raised €1.2m seed round to fuel its product growth and expand its team.


French insurtech startup Orus raises €11m funding to expand its services in Europe
Published: 11-10-2023 | 11:43:00 | By: Pie Kamau
French insurtech startup Orus has raised €11 million in Series A funding.


Shakti Ventures dives into femtech sector to elevate women's health
Published: 11-10-2023 | 11:19:00 | By: Pie Kamau
Shakti Ventures is on a mission to invest in revolutionary startups within the femtech industry.


Nebraska startup Dwellr raises $500K pre-seed round to transform the search for senior care
Published: 11-10-2023 | 10:59:00 | By: Pie Kamau
Dwellr has secured $500K in funding led by Move Venture Capital and Invest Nebraska.


Plug and Play announces final batch of startups selected for Silicon Valley programs
Published: 11-10-2023 | 10:48:00 | By: Pie Kamau
Plug and Play has announced the final batch of startups for its Silicon Valley programs.


[Column] Christopher Saul: Kenya’s AI revolution can happen with the IT you already have
Published: 10-10-2023 | 12:33:00 | By: Pie Kamau
AI is set to become the most prolific and impactful technology trend in the world.


Harpie launches Wallet Monitoring tool for crypto investors
Published: 10-10-2023 | 12:18:00 | By: Pie Kamau
Harpie has launched a Wallet Monitoring tool that provides real-time threat detection for crypto wallets.


E-commerce tech platform MarketLeap secures €2.6m to expand brands’ global reach and revenue
Published: 10-10-2023 | 12:03:00 | By: Pie Kamau
MarketLeap has secured €1.5m funding.


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.


Vyzer secures $6.3m seed funding to transform wealth management with AI
Published: 10-10-2023 | 11:25:00 | By: Pie Kamau
Vyzer, a digital wealth management platform, has raised a seed round of $6.3m.


Lottie raises £16.35m to confront the social care crisis, elevate the standard of later living
Published: 09-10-2023 | 11:52:00 | By: Pie Kamau
London-based Lottie has raised £16.35m Series A funding round.


Vistry unveils conversational AI platform LumoChat for food commerce
Published: 09-10-2023 | 11:06:00 | By: Pie Kamau
Vistry has announced the launch of its Conversational AI platform, LumoChat.


Fintech startup CrossFund raises additional $1.5m in funding at $47m valuation
Published: 09-10-2023 | 10:40:00 | By: Pie Kamau
Singapore-based fintech startup CrossFund, has raised its fourth funding round.


Gebrüder Weiss provides zero-emission deliveries to end customers in Budapest
Published: 09-10-2023 | 10:24:00 | By: Pie Kamau
Gebrüder Weiss has started to provide zero-emission deliveries to end customers.


Aampe secures $7.5m to accelerate AI-driven customer engagement
Published: 09-10-2023 | 10:03:00 | By: Pie Kamau
Aampe the AI-native user engagement platform, announced a $7.5m pre-series A funding round.


Israeli precision irrigation management startup Treetoscope closes $7m seed round to fuel growth
Published: 06-10-2023 | 12:35:00 | By: Pie Kamau
Treetoscope has closed $7m 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.


Romanian AI startup Creatopy raises $10m to scale its creative automation platform
Published: 06-10-2023 | 11:54:00 | By: Pie Kamau
Creatopy, the AI-driven creative automation platform, has raised $10m Series A funding.


French SaaS firm scnd raises €4m to disrupt the sales of services
Published: 06-10-2023 | 11:29:00 | By: Pie Kamau
scnd, the trailblazing French SaaS solution, announced a €4m funding round backed by 42Cap and Partech.


Startup Wise Guys and EBRD launch Growth Ukraine programme
Published: 06-10-2023 | 10:46:00 | By: Pie Kamau
Startup Wise Guys announced the launch of Growth Ukraine programme.


BFA Global, FSD Africa and IUCN launch Africa Blue Wave to support tech startups
Published: 05-10-2023 | 13:16:00 | By: Pie Kamau
BFA Global, FSD Africa, and IUCN have launched the Africa Blue Wave.


Mews acquires hospitality startup Nomi to accelerate AI guest experiences
Published: 05-10-2023 | 12:50:00 | By: Pie Kamau
Mews has announced its acquisition of Nomi, a Nashville-based hospitality startup.


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.


Cordis acquires medical device startup MedAlliance at $1.1 billion
Published: 05-10-2023 | 11:52:00 | By: Pie Kamau
Cordis has completed the acquisition of MedAlliance, a Swiss medical device startup.


Swedish fintech Brite Payments raises $60m to accelerate instant bank payments across Europe
Published: 04-10-2023 | 15:34:00 | By: Pie Kamau
Brite Payments has announced a $60m funding round.


Japanese semiconductor firm EdgeCortix closes $20m to accelerate AI capabilities
Published: 04-10-2023 | 15:11:00 | By: Pie Kamau
EdgeCortix announced the closing of a $20m funding round.


At One Ventures launches $375m climate tech fund
Published: 04-10-2023 | 14:26:00 | By: Pie Kamau
At One Ventures announced the close of a $375m second fund.


Insurtech startup Allium secures $750k funding to revolutionize insurance data analytics
Published: 04-10-2023 | 13:39:00 | By: Pie Kamau
Allium Data announced the close of $750k pre-seed funding round.


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.


Copenhagen-based platform Marts secures €1.75m to launch the OS for IT management
Published: 03-10-2023 | 13:19:00 | By: Pie Kamau
Copenhagen-based IT management platform Marts, has secured €1.75m funding.


Stanley Capital Partners announces first resource efficiency investment with Roboyo
Published: 03-10-2023 | 12:48:00 | By: Pie Kamau
Stanley Capital Partners has announced a strategic investment in Roboyo.


London-based startup Unitary raises $15m for AI-driven content moderation
Published: 03-10-2023 | 11:56:00 | By: Pie Kamau
Unitary has raised $15m in a Series A round to scale its AI video classification technology.


Providence unveils its fourth incubated technology Praia Health
Published: 03-10-2023 | 11:37:00 | By: Pie Kamau
Providence announced that Praia Health is the next incubated technology.


Magnitude Digital launches grant program to offer growth marketing services to startups
Published: 03-10-2023 | 11:13:00 | By: Pie Kamau
Magnitude Digital is launching the Magnitude Digital Startup Grant.


Applied Ventures selects seven deeptech startups to transform disruptive possibilities into reality
Published: 02-10-2023 | 14:53:00 | By: Pie Kamau
Applied Ventures selected seven deeptech startups during its fourth cohort program.


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.


MeetingPackage raises $4.6m to boost European growth, forge into the North American market
Published: 02-10-2023 | 13:11:00 | By: Pie Kamau
MeetingPackage has secured a $4.6m Series A round.


CENTA platform crosses 1m, becomes world's largest community of teachers
Published: 02-10-2023 | 12:47:00 | By: Pie Kamau
Centre for Teacher Accreditation recently launched its enhanced native app, CENTA.


Prompt AI raises $5m seed funding to revolutionize computer vision
Published: 02-10-2023 | 12:11:00 | By: Pie Kamau
Prompt AI, a startup harnessing the power of large language models to democratize access to computer vision, raised $5m seed funding.


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.


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.


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.


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.