Canadian co-founded Substack raises $100-million USD Series C to grow tools for independent creators
Two out of three Substack co-founders are University of Waterloo and Kik alums.
Funding
GeologicAI cashes in on data centre boom with $60.5-million CAD Series B
Mining tech startup will use funding to scale globally as demand for critical minerals intensifies.
BDC adds RBC as lending partner as it plans to guarantee $800 million in loans to entrepreneurs
Business Loan Accelerator Program aims to expand BDC’s reach to more underserved founders in Canada.
Define Capital fuels up for more niche software acquisitions with $28-million debt facility from Scotiabank
Toronto private equity fund warms up to the idea of buying corporate spinoffs and venture-backed startups.
Katherine Homuth is making the case for a “founder constitution.” Here’s what that might look like
SRTX and Oomira founder says “nothing in the term sheet is in your favour.”
Quandri secures $16.5 million CAD to help North American insurance firms automate renewals with AI
BC sibling-founders gear up to hire 40 employees and open a Boston office.
Uberflip co-founder secures $1 million to help families pass down valuables with Trusty
Repeat tech entrepreneur Randy Frisch sees potential to build a “modern letter of wishes.”
GreenSky closes $23.5-million sixth fund with help from new managing partner Jeff Brunet
NBIF becomes LP as Toronto firm dips its toes into institutional investor pool.
Moonvalley raises additional $84 million USD to meet demand for its Hollywood-friendly AI video generator
Toronto-based company has raised $154 million since founding in 2023.
Pharmacy AI agent Asepha raises $4 million USD to double staff and open New York office
Asepha answers the phone and files prescriptions so your pharmacist doesn’t have to.
MTatt takes home top prize at Startupfest 2025 as winnings exceed $1 million for the first time
Medtech startup mTatt won both Best of Fest and Audience Choice awards.
Minister Evan Solomon unveils fresh AI project funding to address “crisis moment” at Scale AI event
Twenty-three Québec-led projects will receive almost $100 million in combined public-private funding.
Canadian co-founded eSIM provider Airalo hits unicorn status with $220-million USD Series C round
COO Abraham Burak left the University of Ottawa to launch the billion-dollar business.
R-Labs secures $3.5 million to help create more startups tackling “big problems” in real estate
Hatch adds engineering capabilities to the Toronto real estate industry venture builder.
LeoMed raises $2.75-million seed round for telehealth patient monitoring platform
Montréal startup says software platform can ease burden of a strained healthcare system.