InBC announces first three venture fund investments: Evok Innovations, Raven Capital, Yaletown Partners
InBC backs trio of VC funds focused on climate change, reconciliation, and innovation.
Canadian Startup News
Plooto closes $27 million CAD Series B to help SMBs manage cash flow
Plooto plans to double down on product-led growth strategy.
Former Google ad chief’s Neeva launches its ad-free, privacy-conscious search engine in Canada
“We wanted a search engine that was all about users.”
IBM to hire 250 in New Brunswick for new Client Innovation Centre
This week, IBM also awarded $35,000 USD to two Montréal-based startups.
Movement51, CIWA secure $861,980 from PrairiesCan to support women entrepreneurs, investors
The funding is expected to help increase women-owned and led businesses in the Prairies.
Statements from Alberta innovation minister cast doubt on return of investor tax credit
Glubish: “the AITC was not working to create long-term sustainable tech companies.”
Coveo, D2L, and Faire looking to fill leadership roles
Product managers, UX leaders, and developers needed.
Perceiv AI raises $1.5 million to better predict the progression of diseases
Startup’s platform initially focused on improving outcomes for Alzheimer’s patients.
Commerce startup Elastic Path secures additional $30 million from existing investors
The Vancouver company claims leadership in the composable commerce movement.
AI-driven investment startup Delphia acquires Fathom Privacy to increase transparency with user data
Users pool their data together through Delphia with the goal to improve investment strategies.
MedTeq, Age-Well receive $47 million from SIF to deliver tech meant to help seniors, caregivers
The funding supports projects focused on seniors’ autonomy, healthy lifestyle.
Google opens applications for fourth Startups Accelerator Canada cohort
Helcim, MintList, were among participants of the previous group.
CommerceBear raises $10.5 million USD to modernize outdated furniture e-commerce market
CommerceBear wants to create easy access to channels like Wayfair.
Goloot announces $4 million to improve online advertising for D2C merchants
Backed by former Paysafe leaders, Goloot has amassed a list of customers that includes Lancôme, Keurig, and SSENSE.
BC appoints Brenda Bailey as new innovation minister in cabinet shuffle
Bailey has strong ties to the province’s tech sector, founding a video game studio in 2011.