Hyivy Health secures $1.1 million in pre-seed funding to ease women’s pelvic health problems
byThe startup is entering clinical trials, and needs to gain regulatory approval.
Canadian Startup News
XMachina AI acquires Bain Public in its second acquisition since forming in mid-2021
byXMachina specializes in AI acquisitions, and is preparing for an IPO.
D-Wave increases European presence with quantum computer in Germany
byIn the race for quantum commercialization, D-Wave gets aggressive in Europe.
PainWorth secures $2.1 million CAD to settle personal injury claims using machine learning
byThe Edmonton startup aims to tackle the “enormous” personal injury market.
F|T: The FinTech Times – The Quadriga quandary
byPlus: Canadian crypto exchanges take issue with Crypto.com’s domestic advertising blitz.
Canadian startup news of the week (1/16/22)
byConduit and Unreserved close big seed rounds, while AmpMe faces fake review accusations.
NACO and Angel Investors Ontario promised $5.4 million from FedDev
byThe financing is meant to help 800 businesses and 170 partnerships provincially.
13 Canadian companies crack 2022 Global Cleantech 100
byBC accounts for over half of the Canadian cleantech startups listed.
Review of 11 Canadian tech companies to watch in 2021
byStartups on the 2021 list made major financing deals and exits.
Redbrick acquires Indianapolis-based email marketing platform Delivra
byDelivra is the fifth company to join Redbrick’s growing portfolio.
PayFacto acquires iShopFood Inc. to offer all-in-one restaurant solutions
byThe acquisition follows a recent equity investment of up to $150 million.
Together lands $6.2 million CAD to pair mentors and mentees in companies
byThe Y Combinator graduate caters to Airbnb, Discovery Channel.
H|T: The Healthtech Times – Michael Serbinis joins Canada’s League of unicorns
byPlus: The Elizabeth Holmes verdict.
Ryan Holmes, Manny Padda-led LOI Venture secures more than one-third of $20 million target in first close
byNewly announced LPs include Dapper Labs and Clearco founders.
Alberta launches tech worker immigration stream after calls from community
byNew program hopes to fill gap in tech talent.