Luge Capital looks to buck FinTech trends with $71-million CAD first close of new fund
FinTech-focused firm targets $100-million fund and expanded team across Canada.
Canadian Startup News
The Québec-IBM Discovery Accelerator now has its quantum computer
The IBM Quantum System One in Bromont, Québec is the first quantum computer of its type in Canada.
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.
Former Cultivator manager Jordan McFarlen joins Conexus Venture Capital as director
McFarlen says Saskatchewan tech ecosystem is “hungry for capital.”
These companies are hiring software engineers to work on machine learning in Canada
Thomson Reuters, Procom, and Ripple are looking to hire machine learning experts across the country.
How TECHNATION thinks we can solve Canada’s tech talent gap
Canadian companies have over 40,000 open tech roles–and they needed them filled yesterday.
A checklist for building sustainable rural tech hubs
Rural tech hubs offer flexibility, but need flexible entrepreneurs to thrive.
Oneka raises $12.5 million CAD, prepares to deliver desalination devices along the Pacific coast
Oneka says it can produce fresh water with zero greenhouse gas emissions using the power of waves.
Secoda closes $19-million CAD Series A to scale its data management AI copilot
As prompts supplant search, US investors Craft Ventures and Abstract Ventures back Secoda’s new AI-powered tools.
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.
Netcoins loses $343,000 in second security breach within 17 months
“Bad actor” makes off with hundreds of thousands from the cryptocurrency platform’s operational float.
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.
Nàdarra Ventures makes $20-million first close in new Canadian biotech fund for sustainable chemicals development
Backed by Farm Credit Canada and Natural Products Canada, fund target is $50 million.