Bitmaker Labs has received a "substantial equity investment" from a group led by Russell Square Partners, a Toronto-based investment firm.read more
Rogers Communications today announced a funding commitment of approximately $4 million to Wavefront to accelerate the growth of machine-to-machine (M2M), the Internet of Things (IoT) and wireless businesses in Canada.
Over the next five years, Rogers will offer financial resources, technology tools, training and mentorship programs to thousands of technology businesses and entrepreneurs that walk through Wavefront's doors.read more
It could be argued that Vanhawks cofounders Ali and Sohaib Zahid would inevitably become successful after launching its carbon fibre connected bicycle, the Valour.
The bike raised the most money for a Canadian project on Kickstarter in early June. Pledgers from all over the world pitched $820,000 total.read more
$40 million is up for grabs among Canadian startups.read more
Powermat Technologies this week announced that its board of directors has named Thorsten Heins as Chief Executive Officer of the company and Chairman of the board.read more
Kik Interactive announced this morning it has acquired Relay, a leading GIF messenger, and raised a $38.3 million Series C round of funding.
The funding round was led by Valiant Capital Partners with participation from new investors Millennium Technology Value Partners and SV Angel, and existing investors Foundation Capital, RRE Ventures, Spark Capital and Union Square Ventures.read more
New data shows just how critical government funding is for Canadian businesses seeking capital for research and development and expansion.read more
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