Funding
Category
$53 Million Series A Financing for Stradigi AI
A banner year for Montreal’s Stradigi AI draws towards its conclusion with perhaps the biggest news yet from this downtown headquartered p..
Fintech startup Mylo raises $10 million
Montreal-based fintech startup Mylo is forging ahead with a new $10 million series A round of funding from National Bank’s corporate ventu..
Coveo reaches ‘unicorn’ status
Quebec based Coveo has announced a raise of $227 million (172 million USD). The round was led by OMERS Growth Equity. and brings the compa..
RenoRun gets US $22.5 million in Series A money
Montreal-headquartered RenoRun, a construction material delivery service is bringing on US $22.5 million in series A venture funding.
T..
Luge Capital fund brings on BDC, iA as limited partners
Montreal’s Luge Capital is announcing $10 million in new funding coming from iA Financial Group and BDC Capital, bringing the size of the ..
Cyber Security Firm Flare Systems Raises $1M Seed Round
Montreal-based cyber security startup Flare Systems today announced they have raised a million-dollar seed round, led by Luge Capital, als..
Panache Closes $58M Inaugural Fund
Montreal’s own Panache Ventures has announced the closing of its inaugural fund. The $58 million total surpassed the initial target of $40..
Element AI Raises $200M Series B
Montreal’s AI darling Element AI today announced it has raised another $200 million, this time as a series B. This, after raising $137 mil..
Worximity raises $6.25 million: Smart factory enabler hits it big
Montreal-based Worximity has raised $6.25 million in series A funding from Marel, a global provider of food processing equipment and syste..
Kids Code Jeunesse gets $8.1 million from federal CanCode program
Montreal-born Kids Code Jeunesse (KCJ) has received $8.1 million in funding from the Government of Canada’s CanCode program
The new cas..
Quebec government investing $4 million in edge computing firm
The government of Quebec is investing $4 million in Ormuco, a Montreal-based edge computing firm.
Ormuco is a large, leading global sof..
Fintech app Hardbacon raises $800,000
Julien Brault’s Hardbacon app has raised $800,000 in funding through the use of the FrontFundr Equity Crowdfunding Portal. This amount inc..
Orbit MTL fund reveals $9 million in investments since launch
Real Ventures’ Orbit MTL fund has made 61 investments totalling $9 million in venture funding since coming into existence in July 2017. Th..
Landr’s AI music platform gets $26 million
Montreal’s Landr, an AI-powered platform for musicians, is raising $26 million in Series B investment money.
The round was led by Sony In..
Sonder adds US $225 million in Herculean funding round
Sonder, a platform that provides thousands of short-term rentals around the world, is announcing a Series D round of funding totalling US ..