22 Canadian Startups Raise Combined $190 Million in January
How did Canadian startups fare in the funding scene last month?
To find out, we combed through Index.co data to take a closer look at Canada’s angel and venture capital activity.
In January 2016, 22 Canadian tech startups disclosed a total of US $190 million in venture capital funding, including Zymeworks and Lendful.
In December 2015, 18 Canadian technology startups disclosed a total of USD $125 million, including Trulioo and Eventbase. In November, 19 Canadian technology startups disclosed a total of USD $92 million. In October, 22 startups disclosed a total of USD $168 million.
Check out the full list in the chart below.
Company |
City |
Amount Raised (USD) |
Round Type |
Lendful |
Vancouver |
$10,669,155 |
unknown |
Athletigen |
Halifax |
$1,550,000 |
seed |
MMB Networks |
Toronto |
$7,000,000 |
venture B |
Lendful |
Vancouver |
$15,000,000 |
venture Undisclosed |
Zymeworks Inc. |
Vancouver |
$61,500,000 |
venture A |
Street Contxt |
Toronto |
$8,000,000 |
venture A |
Askuity |
Toronto |
$2,000,000 |
venture A |
Diablo Technologies |
Quebec |
$19,000,000 |
venture C |
LimeLight Platform |
Toronto |
$3,100,000 |
seed |
Revols |
Montreal |
$2,500,000 |
product crowdfunding |
ConferenceCloud |
Toronto |
$90,000 |
seed |
Zyber Secure Mobile Solutions |
Vancouver |
$2,074,790 |
undisclosed |
Power Survey |
Montreal |
$10,000,000 |
venture Undisclosed |
Hostaway |
Toronto |
$54,348 |
angel |
Sentinel Alert |
St. John’s |
$370,000 |
seed |
icejam |
Charlottetown |
$2,100,000 |
seed |
Vidyard |
Kitchener |
$35,000,000 |
venture C |
icejam |
Charlottetown |
$3,000,000 |
seed |
StackAdapt |
Toronto |
$1,000,000 |
venture A |
Wave Accounting |
Toronto |
$6,290,000 |
venture Undisclosed |
Sentinel Alert |
St. John’s |
$525,000 |
seed |
Plasticity Labs |
Kitchener |
$250,000 |
seed |