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Toronto startup Terminal raises $20 million to expand telematics trade

Published July 30, 2026 at 8:32 AM UTC

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Toronto-based startup Terminal has secured $20 million in a Series A funding round to enhance its position in the telematics industry. The company plans to use the capital to develop its platform, which provides real-time data analytics for vehicle fleets, aiming to improve operational efficiency and safety. This investment underscores the growing interest in telematics solutions as businesses seek to optimize fleet management.