Swtch Energy secures $16.5 million CAD to expand its electric vehicle charging network to the US
Swtch wants to bring inexpensive EV charging to low income communities.
Canadian Startup News
Startup Genome ranks Vancouver, Toronto-Waterloo among top global AgTech, new food ecosystems
Vancouver came ninth, while Toronto-Waterloo finished 11th.
Technation receives $60 million from Government of Canada to support its student hiring program
Since its inception, the program has secured more than $230 million in overall funding.
Bonsai lays off a third of employees shortly after $21 million Series A, citing shift to growth strategy
CEO says the move is about restructuring to focus on customer acquisition.
Think Research to continue acquisition spree with new $25 million credit facility
Think Research has been actively purchasing companies since its TSXV debut.
Former Shopify CTO Jean-Michel Lemieux joins BenchSci advisory board
BenchSci is on a mission to re-imagine biomedical research through AI.
CVCA argues SEC’s proposed disclosure requirements for private investment funds will hurt Canadian investors
CVCA CEO expects new obligations to have “direct negative impact on Canadian investors.”
OSC reveals seven companies to join testing lab to improve client interactions
Mako, TMX Group, others will test solutions made to know their clients, products better.
Québec government grants $16 million to support quantum innovation at Université de Sherbrooke
PINQ2 aims to connect industries and the research community through quantum computing.
OneVest secures $5 million to help companies like Neo Financial launch wealth management products
CEO: “What Stripe has done for payments, we’re doing for wealth.”
Government of Canada launches $15 million Inclusive Women Venture Capital Initiative
IWVC is part of the feds’ $6 billion Women Entrepreneurship Strategy.
Alberta allocates $30 million to AI as part of new innovation strategy
Amount part of $73 million total promised to provincial tech plan in 2022 budget.
How being open to feedback helped Stephany Lapierre scale TealBook
Unwilling to settle for a simple no, Lapierre pushed investors for feedback.
TD chief AI officer, CDL-Toronto lead team up with health expert for new healthtech startup, Signal 1
Signal 1 secured $12.7 million from Geoffrey Hinton, former Rogers CEO, others.
Québec venture funding turned a new corner in Q1 2022 with $1.4 billion raised
Québec’s later-stage tech startups make waves while early-stage funding loses steam.