24 Canadian Startups Raised $152 Million in April

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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 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

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