Ecosystem fears cleantech funding gap as ISED pauses SDTC funding after mismanagement investigation
ISED-commissioned report found conflict of interest, governance issues at SDTC.
Clearco secures new equity financing from existing investors and asset-backed facility as struggling financier recapitalizes
Inovia, Founders Circle double down on Clearco with SVB debt buyback, $60-million Series D.
Saskatoon software startups Vendasta, 7shifts, Andgo Systems make layoffs
Vendasta CMO: “Every tech company right now needs to be thinking about profitable growth.”
Cognota closes $5.5-million USD Series A to make corporate LearnOps a thing
With a new name, product, and fresh capital, Cognota eyes growth.
UK-based Captain AI will relocate to Canada after closing $2.1 million USD to serve restaurants in North America
GreenSky, Techstars-backed Captain AI already caters to Pizza Pizza.
Waabi partners with Uber Freight to deploy its autonomous trucking tech
Waabi’s self-driving solution has already hit the road in Texas as part of 10-year agreement.
Vooban closes CDPQ investment to fund acquisitions and North American expansion
This marks the 12-year-old Québec AI firm’s first external funding.
GrowerIQ secures $1 million from Government of Canada to expand its cannabis-tracking system
FedDev Ontario funding follows GrowerIQ’s recent Barbados government contract.
ZayZoon closes Series B to fuel continued US expansion of earned wage access business
ZayZoon nabs $34.5 million USD in debt and equity to help workers access a cash-advance alternative to payday loans.
Monark closes $1.5 million led by Storytime Capital to modernize leadership development
Former leadership-development consultants aim to engage leaders earlier and more continuously with tech.
Simmunome secures $2 million to make clinical trials more efficient with AI
Montréal startup’s backers include Theodorus, Eurêka, BKR Capital, Sandpiper, and ACET Capital.
Deep Genomics adds life sciences veteran as CEO to support its evolution into a biopharma firm
Brian O’Callaghan to lead Toronto firm as founder transitions to chief innovation officer.
SaaSquatch acquired by US-based partnership management platform Impact.com
Deal follows Impact.com’s recent purchase of another BC tech startup: Pressboard.
Ontopical closes $3.3 million seed extension to help companies navigate the local government procurement process
Rhino and Graphite Ventures-backed Ontopical mines public data for private sector clients using AI.
Inovia announces $34-million CAD Discovery Fund for early-stage VCs
Fund formalizes Inovia’s support for emerging managers as many struggle to fundraise.