Read the news and data that companies need to get funding
Toronto-based Collage HR has raised $5M in seed funding from Diagram Ventures. Collage HR is an online HR platform.
Montreal-based Sofdesk has raised $3M in Series A funding from EnerTech Capital and BDC VC. Sofdesk offers the leading web application for solar installation, roofing and insurance companies.
Toronto-based Roadmunk has raised $1.5M in seed funding in a round led by Golden Venture Partners. The round also saw participation from Felicis Ventures and Garage Capital. Roadmunk allows businesses to quickly create and share beautiful product roadmaps.
Hamilton-based Fusion Pharmaceuticals has raised US$25M in Series A funding in a round led by Johnson & Johnson Development Corp. The round also saw participation from FACIT.com, Genesys Capital, HealthCap, and TPG Biotech. Fusion Pharmaceuticals is a newly formed biopharmaceutical company developing targeted alpha-particle radiotherapeutics for treating cancer.
Many executives and entrepreneurs are aware of a handful of government grants and tax credits applicable to their business, however most ignore that there are three important factors to consider when seeking funding that can open up a wide array of previously unknown incentives. Factor #1. Location The first factor to consider when searching for[…]
Funding for the week of Feb. 13, 2017 under Canadian federal and provincial grants and business incentive programs reached $191.2M, down from $1.6B during the previous week. Top Sector. Arts & Culture is the top sector this week, attracting $60.3M, 32% of total incentives. Top Region. Quebec is the top province this week, securing $76.1M, accounting for 40% of total national[…]
By Geoff Zochodne Premier Kathleen Wynne is now personally steering Ontario’s strategy for dealing with U.S. President Donald Trump. Wynne used a visit to Queen’s Park Wednesday by David MacNaughton, Canada’s ambassador to the United States, to announce she will chair a Trump-centric committee of her closest advisers and cabinet ministers. The committee will guide[…]
Vancouver-based MineSense has raised $19M in VC funding in a round led by Aurus and Caterpillar Ventures. The round also saw participation from Chysalix Venture Capital, Cycle Capital, EDC and Prelude Ventures. MineSense is a technology and marketing company with a passion for enhancing the sustainability of mining by improving the ore recovery process.
Waterloo-based AOMS Technologies Inc. has raised $425k in seed funding from GreenSky Capital. AOMS Technologies was founded by a multidisciplinary team of graduate engineers from the University of Waterloo. AOMS Technologies is specialized in fibre optic sensing systems for multi-parameter and multi-point sensing applications.
Toronto-based Top Hat has raised $22.5M in Series C funding in a round led by Union Square Ventures. The round also saw participation from Emergence Capital Partners, Georgian Partners, Golden Venture Partners, iNovia Capital, SoftTech VC, and Version One Ventures. Top Hat’s interactive software helps college professors quickly activate classrooms by engaging students over their own devices.