Lithium-ion battery developer UgoWork closes Series C funding to expand HQ, production facility
UgoWork said it might raise additional capital, but declined to disclose further details.
Justice Department involved following Invest Nova Scotia employee email scam
Phisher impersonating Sandpiper Ventures received $573,000.
VitalHub agrees to acquire MedCurrent Corporation for up to $34 million
The total transaction value is dependent on annual performance over 36 months.
Three Canadian FinTech firms strike new partnerships
VoPay, Flinks, and Payfare have been tapped to power offerings for tech giants, credit union.
Arcadea Group secures $336 million CAD to acquire vertical SaaS companies
Capital injection brings the firm’s war chest up to $690 million CAD.
Xanadu and CMC among partners in academic quantum projects receiving $7.4 million in federal grant funding
INRS has three projects receiving funding from NSERC.
RetiSpec secures $13.8 million Series A to detect Alzheimer’s early through retinal imaging
American pharmaceutical giant Eli Lilly and medical device provider Topcon Healthcare join as strategic investors.
BC’s Centre for Innovation and Clean Energy invests $7.6 million across nine companies following call for innovation
Selected companies tackle energy storage, carbon management, alternative fuels, and low-carbon hydrogen.
Y Combinator grad Gumloop secures $3.1 million USD in seed funding to grow no-code automation tool
Backers include Y Combinator and founders from Instacart, Dropbox, and WePay.
California-based Agilent Technologies agrees to buy Biovectra for $1.3 billion CAD
Biovectra is being purchased for the second time in five years.
Loop Energy alerts creditors to restructuring after layoffs, strategic review
TSX-listed hydrogen fuel cell company owes creditors more than $13 million, including $9 million to PacifiCan.
Claudette McGowan closes $10-million Series A for cybersecurity startup Protexxa
Startup claims round is the largest secured by a Black woman founder in Canada.
Cohere Series D hits $500 million USD raised at $5.5-billion valuation
BetaKit reported in June that Cohere had secured $450 million with hopes of raising more at a $5-billion valuation.
WonderFi working on Ethereum-based products with new innovation and development arm
Dubbed WonderFi Labs, the new arm is working on a Layer 2 blockchain and non-custodial wallet.
Shoppers Drug Mart strikes commercial partnership with Weston-backed blood-testing startup Truvian
The San Diego-based startup is looking to secure FDA and Health Canada clearance for its blood-testing platform.