Investments: 2018 June

Our list of notable bite-sized funding rounds under $4 million to Canadian Companies.  Toronto may have had more startups funded in the month of June, but for much lower amounts.  Quebec still beats Ontario for total deal flow amount.  In fact, so do BC- and Alberta-based companies.  Something that continues from last month.  Should we be worried that Ontario-based companies are being rejected for funding?

City Companies Funding Total Average
Toronto 5 $3,100,000 $620,000
Montreal+Laval 4 $3,720,000 $930,000
Calgary 3 $3,500,000 $1,166,667
Vancouver 2 $3,600,000 $1,800,000
Ottawa 1 $100,000 $100,000

Here’s a breakout

Organization City Funding Type Raise
ANGELA MITCHELL Montreal Seed $100,000
Jrop Toronto Seed $100,000
Desk Nibbles Ottawa Seed $100,000
Triyosoft Toronto Seed $100,000
Pelcro Montreal Seed $120,000
Factory Calgary Angel $500,000
Every Toronto Angel $600,000
CoLab Software St. John’s Seed $600,000
Squiggle Park Toronto Seed $800,000
StellarAlgo Calgary Seed $1,000,000
Liquidity Marketplace Vancouver Seed $1,000,000
Omnirobotic Laval Seed $1,000,000
Phenomic AI Toronto Seed $1,500,000
SensorUp Calgary Seed $2,000,000
POTLOC Montreal Seed $2,500,000
AVA Technologies Inc Vancouver Seed $2,600,000