Emerging technology companies in Canada received a piece of good news today when Kensington Capital Partners announced the launch of the Kensington Venture Fund with an initial closing of investor commitments totaling $160 million.read more
Blockstream has raised $21 million.
The large seed round was led by by LinkedIn cofounder and Airbnb board member Reid Hoffman, Khosla Ventures, and Canada's own Real Ventures. Upward of 40 investors in total participated in the round, including Danny Hillis, Eric Schmidt’s Innovation Endeavors, and Ribbit Capital.read more
The Quebec government is taking on the role of a venture capital firm with a new investment in a Montreal video game studio.read more
An unexpected announcement spurred a boost in BlackBerry's stock, sending shares up 7% yesterday afternoon to a 17-month high.read more
Eventbase Technology today announced that it has raised $2 million in Series A funding from the team at South By Southwest (SXSW) conferences and festivals.
This is the first round of funding for Eventbase and the first investment from the newly formed SXSW Tech LLC.read more
Fredericton's Resson Aerospace, a bioinformatics and data analytics company, announced today that it raised $3 million in venture capital funding led by Rho Canada Ventures and Build Ventures.
Other investors include BDC Capital, New Brunswick Innovation Foundation and private investors.read more
Kobo co-founder Michael Serbinis is back. Today he announced the launch and funding of his new digital health and wellness platform, LEAGUE.
Set to launch in early 2015, LEAGUE will focus on preventative health and empower consumers to live healthier every day.read more
BlackBerry continues to hone its focus as the company approaches profitability.read more
The Ontario Teachers' Pension Plan purchased nearly eight million shares of BlackBerry during the company's last fiscal quarter.read more
DogVacay has raised a $25 million round and it was led by a Canadian investor.
Omers Ventures led the round, which brings the total amount raised by California-based "Airbnb for dogs" to nearly $50 million.read more
Toronto's digital self-service technology provider IntelliResponse has been acquired by 7 for an undisclosed all cash sum.
IntelliResponse is the industry leader in virtual agent and self-service technology and has 160 customers and over 450 global deployments in financial services, telecommunications and utilities.read more