Smile Digital Health secures $30 million Series B to expand AI, machine learning capabilities
LinkedIn posts indicate Smile Digital Health quietly let people go last year.
Nuula sold to Nav Technologies following collapse of Series A round
Nuula CEO: Company planned to raised $5 million but it “became impossible to close.”
SVG Ventures Thrive aims to raise $75 million CAD for third agrifood fund
The fund will make initial investments in seed to Series A agrifood startups.
Bitcoin infrastructure startup Blockstream raises $125 million USD to expand crypto mining services
The Montréal firm claims demand for its hosting services remains high, despite volatile market.
Alphabet company DeepMind shutters Edmonton site as part of Google layoffs
DeepMind said it’s maintaining its other Canadian locations in Montréal, Toronto.
Tiny enters deal to go public on TSXV through merger with WeCommerce
Tiny created WeCommerce in 2019 to acquire Shopify partner businesses.
Harvest Builders, Headversity, among 15 recipients of $25.5 million PrairiesCan investment for Calgary businesses
The funding is expected to support over 800 jobs in healthtech, cleantech, other sectors.
Summit Nanotech secures $50 million USD to scale lithium extraction for EV production
The Calgary startup aims to build the “lithium mine of the future.”
Milk Moovement countersues US competitor Dairy LLC, alleges monopoly abuse over dairy intelligence industry
Relationship soured last year when Milk Moovement allegedly spilled Dairy’s “trade secrets.”
Volvo backs Waabi to accelerate driverless trucks commercialization
Waabi unveiled its self-driving product in November to gear up for road tests.
Smart horticultural lighting provider Sollum closes $30 million CAD to expand library of ‘light recipes’
Sollum previously received government grants to support the production of greenhouse tomatoes, strawberries.
NowVertical secures $7 million CAD credit facility, completes Acrotrend, Smartlytics acquisitions
NowVertical acquires more capital to fuel acquisition strategy.
UK autonomous vehicle company Oxbotica plans to expand Canadian presence following $140 million USD raise
Oxbotica plans to hire for up to 50 new roles in Toronto office.
University of Waterloo leading consortium for 5G innovation that includes Rogers, BlackBerry
BlackBerry, Rogers, Rockport Networks among industry partners taking part.
ReelData raises $10.6 million CAD using AI to monitor fish populations
Halifax startup reels in cash to help farmers monitor fish populations with accuracy.