Montréal Inc and Bonjour Startup Montréal merge, become Startup Montréal
The new org will have “a substantially greater impact,” says Startup Montréal.
Canadian Startup News
Gatineau-based Cilex granted $230,000 from federal government to enhance tech incubation services
Cilex will create new incubation, acceleration services for cybersecurity.
Hospitality platform 7shifts secures $101.6 million CAD to increase staffing, product development
Startup says it added more than 10,000 restaurants to its platform last year.
Odaia secures $17.5 million CAD to help pharma firms focus their sales and marketing with AI
Odaia aims to be a “one-stop shop” for pharma data analysis.
Micruity aims to “pensionize” 401(k) plans as it lands $6.5 million CAD seed round
Franklin Templeton and Allianz Life both made strategic investments in Micruity.
Cubbi secures $1.35 million CAD to expand its food delivery and storage platform
The food delivery startup comes from same city as SkipTheDishes.
Axya raises $3.9 million in seed extension to scale deployment of supply chain software
The initial round closed in March and raised $1.5 million.
SVB reports Canadian tech startups drew record $16 billion in investment in 2021
Canadian tech almost tripled 2020’s funding numbers.
Newton Crypto now valued at $253 million following $25 million CAD Series B round
Tiny Capital, Shopify co-founder Tobias Lütke’s Snowdevil Capital helped fuel the financing.
Raquel Urtasun’s Waabi unveils “revolutionary” autonomous vehicle testing simulator
Waabi claims it’s the “ultimate school for self-driving vehicles.”
Coveo sees 39 percent year-over-year revenue growth in “record” Q3
This is the first earnings report since Coveo went public on the TSX.
Nord Quantique closes $9.5 million seed round co-led by BDC Capital’s Deep Tech fund
Nord develops hardware for fault-tolerant quantum computing.
Elastic Path secures $60 million to scale “composable commerce movement”
The round brings Elastic Path’s total funding to $120 million.
EDC makes COVID-19 investment matching program permanent, expands eligibility
Since 2020, the program has invested a total of $223 million in 84 Canadian companies.
Canadian biotech leader Clarissa Desjardins secures $63 million CAD for Congruence Therapeutics
PerkinElmer and Ipsen purchased two of Desjardins’ previous companies.