We have been taking some deserved time off and neglected to update some VCs’ moves and money raised in the last few months or so (April – July 2018). Here is recap of what happened in Canadian tech when it came to raising money. Once again, Toronto and Montreal companies dominated the tech scene. Congrats to all!
* Any money raised over $10M are in bold letters.
- #paid, Toronto startp and world’s leading influencer marketing platform for authentic brand collaborations, raised $9m
- Agreement Express, a Vancouver onboarding automation software for the financial services industry, received an undisclosed investment
- Airy3d, a Montreal startup that brings 3D machine vision to any camera, all without sacrificing battery life, footprint, or image quality, raised US$10M
- Alavida Health, a Vancouver company, offering treatment of alcohol use disorder that combines drug therapy and counselling, raised $2M
- Algolux , a Montreal startup, empowers cameras to see more clearly and perceive what cannot be sensed with today’s imaging and vision systems, raised $10M
- ApplyBoard, a Waterloo startup for an AI-enabled marketplace uniquely designed for international students to apply to study at the best institutions , raised $13M
- Atomic Reach, a Toronto startup that provides content intelligence platform built to help marketers and agencies create high quality, consistent and profitable content, raised $3.4M
- Auvik Networks, a Waterloo startup, most efficient & profitable way for MSPs to manage network infrastructure, raised $20M
- AvenueHQ, a Vancouver startup brings together designers, marketers, engineers, writers, and other creative minds, to help marketing for REALTORS®, closed a $4.5M
- Avrij, a Fredericton, New Brunswick company that develops a tool that lets you determine what online information is important to you, when you want to know it, and how , raised $1.2M
- BenchSci, a Toronto startup, a reagent intelligence platform that transforms published data into relevant insights for materials and methods, raised US$8m
- Breather, a Montréal startup that creates modern workspaces you can keep for hours, days or months — all to yourself, raised $45M in additional funding
- Canary Medical, a Vancouver medical data company, raised an undisclosed amount
- Coveo, a Quebec City, provider of intelligent and predictive search technologies, raised $100m
- Cozystay Holdings, a Vancouver vacation rental platform targeting Chinese vacationers, raised $4M
- Dooly.ai, a Vancouver startup capturing, sharing, and finding the information needed to close business made as easy as taking a note, raised $2M
- ecobee, a Toronto home automation company that makes thermostats for residential and commercial use, raised an additional $47M
- Eddyfi Technologies, a Quebec company that develops and markets advanced eddy current and electromagnetic solutions, purchased M2M, a Paris, France manufacturer of ultrasonic
- Elastic Path, a Vancouver company, the leader in ecommerce software that empowers the world’s best brands, closed a $43M in additional funding
- Eventbase Technology, a Vancouver leading mobile event platform trusted by some of the world’s most recognizable brands, raised $6.5M
- Fiix (formerly known as Maintenance Assistant), a Toronto startup that provides cloud-based maintenance & asset management software, raised raised $12M
- inkbox, a Toronto startup, providing tattoo that lasts only 4-6 days, raised $13M
- Instant Financial, a Vancouver startup, provides workers with access to their pay after every shift, raised $11.4M
- Inversago Pharma, a Montreal biotech startup, raised $7M
- League, a Toronto company that’s re-imagining employee health benefits, and is on a mission to empower people to live healthier, happier lives —every day, raised C$62M
- LoginRadius, a Vancouver startup, helps companies deliver a connected customer experience, build an integrated marketing ecosystem, and centralize customer data , raised $17M
- MedAvail, a Toronto pharmarcy company allowing automated dispensing and medication management technologies, raised $16.6M
- MindBridge Analytics, an Ottawa analytics company using artificial intelligence to uncover material irregularities in data, raised $8.4M
- Miovision, a Kitchener startup thtat creates intelligent solutions for in-house and outsourced traffic data collection, raised $15M
- Motorleaf, a Montreal startup , that uses artificial intelligence to allow crop to grow themselves, raised USD$2.85m
- NorthOne, a Toronto startup building Canada’s first mobile-first API-based banking platform that helps startups and small businesses bank, manage their finances, raised $2M
- Polystyvert, a Montréal startup on a mission to recycle polystyrene (PS), also known as Styrofoam, raised C$11M in funding
- Primal, a Kitchener startup that allows companies to use artificial intelligence to read and interpret text in any form , received $2.3M loan
- Raven Telemetry, an Ottawa company, that helps manufacturers leverage their data, raised $6.1m
- Ritual, a Toronto startup that allows social ordering from your favourite local restaurants and coffee shops, closed a $70M
- SensorUp, a Calgary startup that empowers developers to build applications that connect with everything in the world, raised $2M
- Stay22, a Montreal startup, providing map-based accommodation tool , raised $750K
- Strainprint Technologies, a Toronto startup that provides mobile app for medical cannabis, raised $3.8M
- Terminal, a Toronto startup that helps businesses build and manage world-class remote technical teams, raised $10M
- The Stars Group , gaming and online gambling company traded on Nasdaq and the Toronto Stock Exchange, purchased Sky Betting & Gaming, a British-based gambling company
- TouchBistro, a Toronto company, providing an easy and smart iPad-based POS system for restaurants, cafes, bars, & more, raised additional C$72M
- TripStack, a Toronto startup, providing customers with all 100,000 direct flights and the billions of missing itineraries in one search , raised $6M
- Uberflip, a Toronto staartup , content marketing platform, closed a $32m
- Veerum, a Calgary startup, tackling a global, epidemic problem that sees $1.6 trillion wasted every year through capital project cost and schedule overruns, raised $3.9M
- Xanadu, a Toronto startup trying to create the world’s first practical quantum computer, raised $9M
- Zucara Therapeutics, a Toronto developer of the first once-daily therapeutic to prevent hypoglycemia (low blood sugar) in patients with diabetes, raised US$3.9m