Ottawa invests more than $44 million to bolster cleantech R&D innovation, US President Joseph Biden asks for US $13.5 billion increase in federal R&D spending, the University of British Columbia’s COVID-19 rapid testing clinic to be a first in Canada, and more.
Organization: Georgian Partners
$400M to stimulate VC market to support Canadian scale-ups
The Feds on Monday announced details of a new initiative to diversify the venture capital market is it incents the sector to boost its investments in more Canadian companies.
Influitive raises another $8.2 million in series B financing
Toronto-based Influitive has raised $8.2 million in a series B extension bringing its total series B financing to $38 million and facilitating the acquisition of Ironark Software. Influitive is an advocate marketing firm established in 2010 to develop marketing software to help B2B firms execute customer advocate programs with web based solutions. Ironark is a…
ScribbleLive raises $35 million in Series ‘D’ financing
Toronto-based ScribbleLive, has raised $35 million in Series ‘D’ financing to develop linguistic and mathematical algorithms and its workflow technology platform for disrupting the marketing industry. The products aim to help brand marketers, sports and media companies grow their businesses using content and data science technologies. The financing was led by OpenText Enterprise Apps Fund…
Shopify raises $100 million in Series C financing
Ottawa-based Shopify has raised $100 million in Series C venture capital to expand its offline ecommerce software that allows retailers to develop online sales capability. The financing is led by OMERS Ventures, Toronto and New York City-based Insight Venture Partners. Also participating are Bessemer Venture Partners, FirstMark Capital, Georgian Partners, and Felicis Ventures. Founded in…