AI drug discovery startup BenchSci scores $63 million Series C round led by Inovia, TCV
BenchSci says its tech is used by 16 of the top 20 pharmaceutical companies.
Diversio secures $8.13 million CAD on journey to improve corporate diversity and inclusion
Diversio uses AI to uncover bias in companies and recommend solutions.
Amplitude Ventures, AltaML pen partnership to build AI, biotech companies
The partnership gives Amplitude access to Alberta’s sizeable AI sector.
2048 Ventures bags $67 million USD Fund II for Canada, US investments
The VC invests in emerging markets outside of Silicon Valley, including Canada.
Emmertech closes $60 million to grow “dominant” Canadian AgTech companies
The final close adds $15 million and new LPs to the fund.
NACO and Angel Investors Ontario promised $5.4 million from FedDev
The financing is meant to help 800 businesses and 170 partnerships provincially.
Alberta launches tech worker immigration stream after calls from community
New program hopes to fill gap in tech talent.
FundThrough acquires invoice financing business from Silicon Valley’s BlueVine
The purchase doubles FundThrough’s US customer base.
Unbounce acquires US-based marketing tech startup LeadsRx
The deal marks Unbounce’s third acquisition to date.
Vendasta makes second acquisition after dashed IPO plans, venture round
The company chose a $119.5 million venture round over an IPO in May.
In preparation for IPO, Clio nabs Clearco CFO
Clearco also lost a co-founder as another becomes interim CFO.
New mandate letter gives Minister Champagne long to-do-list for Canadian tech and innovation
The letters came two months after Trudeau’s post-election cabinet was revealed.
Consumer products investor IVEST launches $200 million SPAC to pursue innovative technologies
Swiftmerge is being led by the team at Vancouver-based IVEST.
IBM to hire 350 tech employees in Nova Scotia
This is IBM’s second major hiring announcement in Canada this year.
TealBook looks to become global leader in supply chain data with $50 million in new funding
TealBook has product-market fit and its foot on the gas.