Canada

Blockstream from Canada secures $289M CAD to expand Bitcoin Mining Operations and strengthen Layer-2 Technology
Montréal-based Bitcoin infrastructure company Blockstream has raised $289 million CAD (approximately $210 million USD) through a convertible note financing round. The round was led by repeat investor Fulgur Ventures, bringing Blockstream’s total funding to over $822 million CAD to date.
Toronto’s Northside Ventures has successfully closed its inaugural early-stage venture capital fund, securing $15 million CAD despite a challenging fundraising environment. The firm, led by solo General Partner Alex McIsaac, focuses on backing Canadian founders at the pre-seed and seed stages, particularly in artificial intelligence, vertical SaaS, fintech, and cleantech

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