Nord Quantique closes $9.5 million seed round co-led by BDC Capital’s Deep Tech fund
Nord develops hardware for fault-tolerant quantum computing.
Elastic Path secures $60 million to scale “composable commerce movement”
The round brings Elastic Path’s total funding to $120 million.
Hiring roundup: Carbon Engineering, ACTO, WorkJam, Wishpond, Volta, Silicon Valley Bank
Here are six Canadian tech firms that have added new talent this year.
Newly TSXV-listed Pluribus Technologies acquires Kesson Group, Social5
Pluribus acquired both for a cumulative $10.3 million in cash and shares.
Proptech startup VendorPM raises $6 million in Bessemer-led seed round
VendorPM earmarked the new capital for US expansion.
Gandeeva Therapeutics raises $40 million in Series A funding to scale precision imaging tech
Venture capital firms Lux Capital and Leaps by Bayer led Gandeeva’s round.
Hydrogen production tech startup Ekona Power closes $79 million Series A
The round was led by oilfield company Baker Hughes.
Vancouver Startup Week postponed, plans for 2023 in-person return
VSW cancelled as “pandemic rages on globally,” the org said.
Data monetization platform TickSmith raises $20 million CAD Series A
TickSmith claims to simplify the online data shopping, distribution experience.
Optina secures up to $2.6 million from Bill Gates, Jeff Bezos-backed foundation for Alzheimer’s discovery
The funding will be used to expand the number of Optina’s clinical study sites.
Mila, Vector Institute announce, extend partnerships with Canadian banks
Both work with CIFAR as part of the Pan-Canadian AI Strategy.
Lightspeed adds global tech entrepreneurs Nathalie Gaveau and Dale Murray to its board
The two appointments bring the board’s female representation to 44 percent.
Marking its sixth acquisition, Paystone acquires Canadian Payment Services
Paystone CEO claims its the company’s largest deal to date.
Agtech Accelerator, Volta receive new funding from federal government
The two innovation hubs received a cumulative $1.3 million in total funding.
Ziva Dynamics acquired by Silicon Valley’s Unity Technologies
Ziva Dynamics tech was used to create characters in Game of Thrones, Godzilla vs. Kong.