News
Category
Inovia Capital raises new $560 million fund
Inovia Capital is raising a new fund worth $560 million ($450 million USD) in order to support more mature companies beyond the startup st..
Lion Electric gets $100 million in government cash for new battery plant
Lion Electric will construct a new battery plant in St-Jerome, north of Montreal, armed with $100 million in cash from the Canadian and Qu..
Montreal chatbot startup Heyday grabs $6.5 million
Montreal’s Heyday.AI is raising $6.5 million ($5.1 million USD) in funding led by Innovobot and Desjardins Capital, per Techcrunch.
CMO..
Vancouver’s Boast.AI raises $126 million, opens Montreal office
Vancouver-based Boast.AI will hire up to 25 people and open a new Montreal office after the company raised $126 million ($100 million USD)..
Canscan selected to Washington’s maritime accelerator
Montreal AI startup Canscan has earned a ticket to the state of Washington’s upcoming Maritime Accelerator program.
Canscan’s AI techno..
Lion Electric will build 10 electric buses for LAUSD
St. Jerome’s Lion Electric will build 10 electric buses for the Los Angeles Unified School District, the second-largest school district in..
Report: Telehealth company Dialogue going public
Montreal telehealth company Dialogue will go public on the Toronto Stock Exchange, reports the Globe and Mail.
Dialogue offers medical ..
Electric jet-ski maker Taiga Motors to go public
Montreal electric jet-ski maker Taiga Motors plans to go public through a merger with a “blank-check” SPAC company while raising $100 mill..
Novacap Closes USD $1.865 Billion Fund
Based on the south shore, one of the countries longest-operating private equity firms has announced the creation of its largest ever fund,..
Centech launches new Boreal Ventures fund worth $26 million
Montreal tech incubator Centech will launch a new fund for deep tech startups worth $26 million, called Boreal Ventures.
The $26 millio..
Medtech company Medfar Clinical Solutions gets $25 million
Montreal’s Medfar Clinical Solutions, an Electronic Medical Record (EMR) provider, is raising nearly $25 million in venture capital. The r..
Fintech app Hardbacon seeks to go public
Julien Brault’s Hardbacon will seek to go public by the end of 2021.
Hardbacon is a personal finance app used by more than 25,000 Canad..
Montreal’s District M, San Francisco’s Sharethrough join forces
Montreal’s District M and San Francisco’s Sharethrough, two digital advertising companies, will merge into one entity.
The pair of comp..
MAIN Québec spends $29 million to coach 375 startups
MAIN Québec (Mouvement des accélérateurs d’innovation du Québec) will spend $29 million on a project that will fuel the coaching of 375 Qu..
TechAide Montreal’s funding jumped by nearly 70% in 2020
Amid all the obstacles of 2020, the TechAide Montreal charity raised $647,135 in funding in 2020, 69 percent more than in 2019.
In a bl..