Tailscale closes $128 million CAD Series B to scale VPN service, amass more developer evangelists
Amid a sea of top-down network security solutions, Tailscale’s bottom-up approach is paying dividends.
Canadian Startup News
Alberta government launching internal AI lab powered by AltaML
The government calls this the first public AI lab in Alberta.
Untether AI secures $1 million for partnership with General Motors
Untether and General Motors on a mission to help cars see better using AI.
Pocketed co-founders pocket $25,000 prize money in pitch contest for women entrepreneurs
Pocketed, which helps businesses find grants, gets granted with $25,000.
Innovate BC opens applications for startups to receive up to $300,000 for R&D
Innovate BC’s Ignite program has awarded 34 projects with a cumulative $8.5 million.
Sprout.vc closes initial $10 million for second Western Canada-focused seed fund
Sprout.vc aims to sow seeds for more B2B software startups to grow.
Loop Energy, Acuva, CORE Energy receive collective $13.4 million in federal cleantech funding
The BC cleantech companies are meant to create 169 jobs backed by this investment.
Innovation Guelph awarded $10 million from federal government for cleantech program
Businesses can receive up to $30,000 to bring tech to market.
Think Research posts record 438 percent revenue increase in Q4 2021 following acquisitions
Think Research saw 178 percent YoY rise in revenue, nearly tripled net loss last year.
Cyno secures $2.3 million seed round to bolster virtual care for employees
Cyno users can choose between individual or group health services.
Nicoya acquires University of Toronto spinout LSK Technologies to bolster testing capabilities, expedite product roadmap
Deal adds LSK’s “lab-in-a-box” testing platform to Nicoya’s portfolio of digital proteomics tech.
Three engineering and developer positions offering remote work
Personify, LifeWorks, Shoplogix are hiring developers & engineering roles right now.
Userful secures $10 million for tech that centralizes brands’ visual network
NASA, Nestlé, among over a thousand companies using Userful’s visual networking platform.
Hockey Canada partner Spordle acquires Vancouver-based HiSports
The move will make Spordle a leading provider of all minor hockey in BC.
Ontario 2022 budget continues innovation focus, but heavy on previously announced commitments
Province promises to expand fund of funds venture investing.