Agorize raises $20 mln in funding to speed Canadian growth
Agorize, a Paris-based online platform for hackathons and open innovation challenges, has raised $20 million from European investors Creadev, Sofiouest, Iris Capital and Capnamic Ventures. The funds raised will allow the company to accelerate its development in Canada, invest in local teams, and meet demand from client organizations. Agorize currently has locations in Montréal and Toronto led by Aurélie Wen, managing director, North America. Canada is the world's fifth most active adopter of innovation marathons, Agorize reports, holding 247 hackathons last year out of 5,636 organized globally.
1 April 2019•5 mins read
