Former Delve Laboratories, Dialogue leaders secure $2 million to help cyber insurance brokers sell policies and assess risk
Inscora plans to launch its “value-added cyber insurance” software by the end of 2024.
Canadian Startup News
CAAIN seeks automation, “data-driven” AgTech projects for $6-million challenge
Interested parties must submit a project application form by Aug. 9.
Interior design project management platform Mydoma acquired by California’s Studio Designer
Companies will support nearly 20,000 interior designers across the United States and Canada combined.
Lightspeed beats revenue forecast in first full quarter under Dax Dasilva’s renewed reign
Montréal-based company reports 27 percent year-over-year sales increase to $266.1 million USD.
Canadian telecom is gearing up for a quantum leap
TELUS helps drive quantum research and development.
Tracktile raises $575K to bring operations software to manufacturing industry plagued with “expensive and legacy” tech
BDC selected the PEI startup as the first investment from its Seed Venture Fund.
Lithium-ion battery developer UgoWork closes Series C funding to expand HQ, production facility
UgoWork said it might raise additional capital, but declined to disclose further details.
Justice Department involved following Invest Nova Scotia employee email scam
Phisher impersonating Sandpiper Ventures received $573,000.
VitalHub agrees to acquire MedCurrent Corporation for up to $34 million
The total transaction value is dependent on annual performance over 36 months.
Ottawa announces second tranche of VCCI funding to support underrepresented entrepreneurs
An additional five VCs from Vancouver, Toronto, and Montréal will receive portions of the $25 million commitment.
Innerspeech translates brain signals in the cloud
Kitchener-Waterloo startup develops AI-enabled communication with the help of OVHcloud.
Three Canadian FinTech firms strike new partnerships
VoPay, Flinks, and Payfare have been tapped to power offerings for tech giants, credit union.
Arcadea Group secures $336 million CAD to acquire vertical SaaS companies
Capital injection brings the firm’s war chest up to $690 million CAD.
Former McMaster researchers announce $2 million to bring endometriosis test to market
Hamilton-based Afynia aims to improve the way endometriosis is diagnosed.
Xanadu and CMC among partners in academic quantum projects receiving $7.4 million in federal grant funding
INRS has three projects receiving funding from NSERC.