iRestify closes $6 million to bring building maintenance solution to the US
This is iRestify’s third seed round in four years, following a series of pivots.
Canadian Startup News
Quantum Algorithms Institute, Xanadu team up to increase talent pipeline in quantum computing
Xanadu also announced a partnership with semiconductor manufacturer GlobalFoundries.
Mayday marks calendar year with $3.8 million CAD to help remote workers improve their time management
Amid a saturated market, Jeremy Bell doesn’t want to just “build another calendar.”
Ontario helps agricultural innovation grow with up to $22 million investment
The funding is going to university and startup AgTech projects.
Walo secures $1.1 million to teach kids financial literacy
Walo provides a gamified mobile app that allows parents to automate allowances.
Family that formerly co-owned Toronto Star behind new social venture, Hvr Technologies
Hvr wants to create revenue sharing for bloggers, publishers.
The Group Ventures secures $20 million for Fund II to invest in Canadian, Israeli tech startups
The Group Ventures’ portfolio includes MindBridge and Flybits.
Shopify platforms acquirer WeCommerce to purchase KnoCommerce for $2.6 million CAD
KnoCommerce would mark WeCommerce’s third acquisition since going public on the TSXV.
Questrade launches online mortgage service QuestMortgage
Mortgages could be a differentiator for Questrade amid Wealthsimple competition.
Canadian government launches $4 billion Canada Digital Adoption Program
Program to help some 160,000 small and medium businesses adopt digital technology.
Ontario government announces launch of new IP agency
The official launch follows years of work around a provincial IP strategy.
FGC Health acquires Pharmacy Access Solutions to help independent pharmacies automate
FGC wants to place software into Canada’s 4,000 independent pharmacies.
OpsLevel raises $15 million Series A funding for developer portal
Executives from eBay, PagerDuty, and Sentry invested in the round.
Summit Nanotech secures $17.8 million CAD to commercialize sustainable lithium extraction technology
Last year, Summit Nanotech won $1 million from the Women in Cleantech Challenge.
Sanctuary AI secures $75.5 million in mission to create the world’s first human-like intelligence robots
Sanctuary’s backers include Bell, Magna, Verizon, and Workday.