22 Canadian Startups Raise Combined $190 Million in January

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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

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