24 Canadian Startups Raised $152 Million in April
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 April, 24 startups disclosed total raises of more than $152 million USD combined, including Semios and Flipp.
In March, 37 startups disclosed total raises of more than $160 million USD combined, including Indochino and Influitive. In February, 23 companies raised $31 million. In January, 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.
Company |
City |
Amount (USD) |
Radient |
Edmonton |
$100,000.0 |
Neurodyn |
PEI |
$385,000.0 |
Clearwater Clinical |
Ottawa |
$650,000.0 |
Gymtrack |
Ottawa |
$800,000.0 |
Goodfood |
Montréal |
$842,593.0 |
Acuva |
|
$850,000.0 |
Validere |
Toronto |
$1,000,000.0 |
ThinkCX |
|
$1,000,000.0 |
Pyrowave |
Montréal |
$1,090,000.0 |
Bit Stew |
Burnaby |
$1,130,000.0 |
Eigen Innovations |
Fredericton |
$1,400,000.0 |
Fentury |
Ottawa |
$1,500,000.0 |
Fiddlehead Technology |
Moncton |
$1,800,000.0 |
nGUVU |
Montreal |
$2,320,000.0 |
Qu Biologics |
Vancouver |
$4,000,000.0 |
MASDEL |
|
$4,130,000.0 |
DragonWave |
Ottawa |
$4,350,000.0 |
IMMUNIO |
Montréal |
$5,000,000.0 |
Semios |
Vancouver |
$6,225,763.0 |
semiosBIO |
Vancouver |
$8,000,000.0 |
AddÉnergie |
Québec |
$9,997,065.0 |
DERYtelecom |
|
$15,000,000.0 |
Peraso Technologies |
Toronto |
$20,000,000.0 |
Flipp |
Toronto |
$61,000,000.0 |