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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 4013537 | 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.


Mobilo secures $4.1m in seed funding to revolutionize business networking
Published: 26-07-2023 | 12:54:00 | By: Pie Kamau
Mobilo, the maker of first smart business cards, has raised $4.1m in seed funding.


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.


[Interview] Renate Swanepoel, COO, INC. Networking
Published: 07-06-2023 | 15:43:00 | By: Pie Kamau
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker.


[Kenya] Entrepreneurs tackling marine plastics problems feted
Published: 02-06-2023 | 13:30:00 | By: Bob Koigi
The awards, which showcased the most effective solutions to tackle Mombasa’s marine plastics problem, were the culmination of a six-month initiative funded by USAID and Global Affairs Canada.


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.


VOSMOS introduces DIY Virtual Events platform for user-created, customized virtual events
Published: 16-05-2023 | 12:33:00 | By: Pie Kamau
VOSMOS, a tech startup that specializes in Metaverse and virtual experiences, has launched VOSMOS.Events, a DIY or user-created virtual events platform.


African Media Agency, Africa Fintech Summit partner to promote fintech innovation in Africa
Published: 15-03-2023 | 11:28:00 | By: Pie Kamau
African Media Agency (AMA) and Africa Fintech Summit (AFTS), have announced a strategic partnership aimed at increasing awareness about the fintech industry's innovation in Africa and promoting the upcoming summit throughout the continent.


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.


African startups land deals at European tech events
Published: 20-01-2023 | 09:02:00 | By: Pie Kamau
Seven African tech companies wooed investors, networked and showcased their products at two of the world’s biggest tech gatherings in Europe.


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.


[Interview] Jennifer Feaster, Speaker, YouTube Creators Festival
Published: 23-11-2022 | 10:07:00 | By: Bob Koigi
Jennifer Feaster is a Managing Partner at Age Africa, an agency that combines data and creativity to develop performance driven YouTube channels, with unique content optimized for success.


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.


GhanaWeb, Age Africa Agency sponsor YouTube Creators Festival in Ghana
Published: 17-11-2022 | 06:50:00 | By: Pie Kamau
Ghana’s leading online media platform, GhanaWeb, and Age Africa Agency, the foremost YouTube agency with a Multi-Channel Network (MCN) in Africa, are co-sponsoring the second edition of the YouTube Creators Festival.


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.


The African Business Roundtable Project Preparation Masterclass Free Webinar, July 27
Published: 15-07-2022 | 13:44:00 | By: Pie Kamau
After discussions with a variety of advisory and investment institutions, and to further attract investment to projects, the African Business Roundtable Secretariat in association with Afreximbank has designed the “Project Preparation Masterclass”.


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.


Digital wedding planning startup Fêtefully raises $1.3m funding to scale growth
Published: 15-06-2022 | 12:13:00 | By: Pie Kamau
Fêtefully, the revolutionary digital wedding planning platform, closed a seed round of funding worth $1.3 million to allow the company to continue business growth and scale in the marketplace.


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.


Social group ticketing startup Fanimal raises $4m to accelerate product development
Published: 25-05-2022 | 15:10:00 | By: Pie Kamau
Los Angeles-based social group ticketing startup Fanimal, announced an acquisition of $4 million in its latest round of funding to accelerate product development.


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.


Event tech startup Vendelux raises $2.4m seed round to provide marketers with event marketing intelligence
Published: 01-02-2022 | 12:24:00 | By: Pie Kamau
Vendelux, the premier Event Intelligence Platform that enables marketers to maximize the impact from the event marking channel, announced the closing of $2.4 million in seed capital financing.


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.


Japanese VR startup HIKKY raises $57m Series A funding to expand its services domestically and abroad
Published: 16-11-2021 | 12:59:00 | By: Pie Kamau
Virtual reality (VR) startup and organizers of VR events in the world HIKKY raised 6.5 billion yen ($57 million) in an initial stage of its Series A funding round.


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.


Chinese autonomous driving startup WeRide named "AutoTech Startup of the Year" in 2021 AutoTech Breakthrough Awards Program
Published: 21-10-2021 | 12:49:00 | By: Pie Kamau
WeRide, a world autonomous driving company, has been named "AutoTech Startup of the Year" in the annual AutoTech Breakthrough Awards conducted by market intelligence organization AutoTech Breakthrough.


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.


French real-time engagement startup Sparkup expands in the Middle East
Published: 07-10-2021 | 12:59:47 | By: Pie Kamau
Sparkup, a French startup specializing in real-time engagement solutions, has chosen to expand in the Middle East and will introduce its latest innovations at GITEX and CABSAT in Dubai.


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.


The Vendry raises $6.5m seed round to support corporate events industry with new marketplace solutions
Published: 24-09-2021 | 12:22:00 | By: Pie Kamau
The Vendry, a marketplace and professional community for corporate event planners, announced the close of a $6.5 million seed funding round led by Peter Boyce, Founder of Stellation Capital.


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.


Tech startup KUDO launches live captioning for multilingual meetings
Published: 14-09-2021 | 16:23:01 | By: Pie Kamau
KUDO Inc., the multilingual meeting SaaS company built around a B2B managed marketplace powered by the largest network of professional conference interpreters, announced the addition of live captioning to its list of platform features.


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.


Launch House announces $3 million in seed funding to create a community of founders and creators
Published: 25-08-2021 | 13:14:40 | By: Bob Koigi
Through in-person and online programs, individuals refine their skills, form lifelong relationships, and build category-defining startups as a cohesive community.


FedTech leverages Converge, a startup studio event to expand access to deep tech
Published: 25-08-2021 | 13:11:17 | By: Bob Koigi
The Department of Homeland Security (DHS) Science & Technology Directorate (S&T) is partnering with FedTech to provide equal and inclusive access to government and university-sourced next-gen deep technologies for entrepreneurs with diverse backgrounds.


Confluera named top cybersecurity startup in 2021 Black Unicorn Awards
Published: 03-08-2021 | 11:26:00 | By: Pie Kamau
Confluera, the provider of next-generation cloud detection and response, has been named a winner in the "Top 10 Cybersecurity Startups" category of this year's 2021 Black Unicorn Awards, by Cyber Defense Magazine.


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.


African businesses upbeat about Dubai Expo 2020
Published: 15-07-2021 | 10:30:00 | By: Bob Koigi
From October, every African nation will showcase their innovations and culture in designated country pavilions, for the first time in 170 years of World Expos.


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.


Floral tech startup Something Borrowed Blooms raises $1.5m Series A funding to accelerate growth
Published: 11-06-2021 | 15:01:00 | By: Pie Kamau
Something Borrowed Blooms, the pioneer of the silk wedding flower revolution, announced a $1.5 million Series A funding round led by Callais Capital. This investment brings the total raise by the company to just over $2 million since 2015.


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.


EventHub startup closes pre-seed round to revolutionize event sponsorship
Published: 27-04-2021 | 11:45:28 | By: Pie Kamau
EventHub officially closed its pre-seed round as the company prepares to scale up customer adoption of its sponsorship platform. The round was led by Pasadena Angels and Emerging Ventures from the LA area as well as Seattle-based Accellius Capital.


Virtual hospitality startup Vin Social announces launch of equity crowdfunding campaign
Published: 09-04-2021 | 11:51:00 | By: Pie Kamau
Virtual hospitality startup Vin Social announced its first-ever equity crowdfunding campaign in partnership with Wefunder and the Arora Project.


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.


Virtual event startup Hubilo raises $23.5m to redefine the future of events
Published: 26-02-2021 | 13:29:00 | By: Pie Kamau
Hubilo, the global virtual and hybrid events platform, announced a $23.5 million Series A investment led by Lightspeed Venture Partners and Balderton Capital, alongside several industry experts and luminaries.


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.


54gene, Kobo360, myFanPark, Sokowatch among 12 startups to win AppsAfrica Awards 2020
Published: 16-12-2020 | 15:29:00 | By: Pie Kamau
54gene, Kobo360, myFanPark and Sokowatch have been named among the 12 winners of AppsAfrica Awards 2020. The awards celebrates the best startups in mobile and tech from across Africa.


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.