Category: toronto

FreshBooks reaches $1B+ valuation with $130.75M for its SMB-focused accounting platform

FreshBooks, a Toronto-based cloud accounting software company focused on SMBs, announced today it has secured $80.75 million in a Series E round of funding, as well as $50 million in debt financing. Existing backer Accomplice led the equity financing, which the company described as “an inside round” that propelled FreshBooks…

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Golden Ventures raises $100M fourth fund and $20M opportunities fund

Canadian early stage venture firm Golden Ventures has raised its fourth fund, a $100 million pool of capital that it will use to invest in between 20 to 25 companies, as well as a $20 million ‘Opportunities Fund’ that it will use to make follow-on investments in standout performers among…

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Snapcommerce raises $85M to make over your mobile shopping experience

People are not only shopping digitally more than ever. They’re also shopping using their mobile phones more than ever. And for mobile-first companies like Snapcommerce, this is good news. Snapcommerce, formerly known as SnapTravel, has raised $85 million in what the company is describing as a “Pre-IPO” growth round to…

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Recycling robotics company AMP Robotics could raise up to $70M

AMP Robotics, the recycling robotics technology developer backed by investors including Sequoia Capital and Sidewalk Infrastructure Partners, is close to closing on as much as $70 million in new financing, according to multiple sources with knowledge of the company’s plans. The new financing speaks to AMP Robotics’ continued success in…

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Sequoia-backed recycling robot maker AMP Robotics gets its largest purchase order

AMP Robotics, the manufacturer of robotic recycling systems, has received its largest purchase order from the publicly traded North American waste handling company, Waste Connections. The order, for 24 machine learning enabled robotic recycling systems, will be used on container, fiber and residue lines across numerous materials recovery facilities, the…

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Toronto will test Olli driverless shuttles to boost its transit system

Self-driving shuttles in North America aren’t limited to the US. The city of Toronto has struck a deal with Local Motors to use the latest version of its Olli driverless shuttles as part of an automated transportation trial in spring 2021. The six- t… Source

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