EDC increases its matching investment maximum from $5 million to $25 million
Since launching in 2020, the EDC Matching Investment Program has made over $390 million in co-investments.
Canadian Startup News
Altis Labs closes $7.9 million CAD to evaluate cancer treatments using AI
Altis has worked with UHN, Sunnybrook to develop its cancer imaging database.
York University’s Schulich School of Business continues tech leadership focus with new certificate programs
Program directors include leaders from OMERS Ventures, Wealthsimple, Q2, and Panache.
Shopify makes checkout solution Shop Pay available to enterprise retailers not using Shopify
The move represents part of Shopify’s push to woo larger clients.
Chexy raises $1.3 million for platform that lets tenants pay rent with credit cards
Chexy becomes latest FinTech firm to offer rewards for tenants.
Building-design startup Augmenta raises $15.57 million CAD to hire staff, refine beta
The company says it uses AI to create building designs in a matter of minutes or hours.
Train Fitness closes $2.5 million USD to expand automatic workout-tracking app for strength training
Relay Ventures-backed Train Fitness aims to track weight-lifting without data entry.
Rose Rocket raises $50.2 million CAD Series B to expand trucking solution
The maker of transportation-management software plans to target larger fleets with this latest raise.
Poka to be acquired by Swedish enterprise software giant IFS in reported $200-million deal
Poka is used by workers at Nestlé, Tetra Pak, and Mars, among others.
Eavor secures $80 million to support Austrian oil and gas firm OMV’s transition to green energy
The geothermal startup previously said it plans to raise $145 million in Series B funding this year.
Collision will remain in Toronto for 2024
Tech conference inks one-year extension, but Collision’s long-term future in Canada still unclear.
2022 angel investment in Canada mirrored VC dip, dropping 37 percent year-over-year
While deal count rose, angels disproportionately favoured existing portfolio firms.
After several tech exits, Minutebook founder raises $3.5 million to automate legal tasks
Minutebook co-founder led several startups including Ollie Order, Medeo, Kubera.
Masthead Data raises $1.3 million to help data engineers monitor errors without client data
Organizations in e-commerce, finance, other tech domains use Masthead’s platform, the company claims.
Semiconductor working group launched to advocate for industry priorities
SILICAN brings together industry experts and organizations to meet challenges