Mila, Intel expand partnership to use AI for addressing climate change, digital biology
Intel initially teamed up with Mila last April to accelerate drug discovery.
Canadian Startup News
Insurtech ProNavigator secures $10 million to power US expansion
ProNavigator calls itself the “Google Search for Insurance.”
Ideon Technologies raises $21 million CAD Series A to fuel transition to low-impact mining and EVs
Ideon’s platform enables mining companies to “drill less and discover more.”
Idealist Capital secures $250 million initial close for new climate impact fund
The fund is led by Québec business leaders with ties to Power Corp and Bombardier.
GrowerIQ closes $3 million seed round to help cannabis producers stay compliant
Cannabis ERP platform sees room to help growers meet “high” regulatory burden.
Bright secures $1.45 million from Atlantic Canadian investors to bolster its “wellness-at-work” platform
Bright was initially named Cribcut and provided at-office haircuts and beauty services.
With $20 million, Goldsky aims to make blockchain data easy to use
Plaid founders Zach Perret and William Hockey invested in Goldsky.
SkipTheDishes lays off 350 employees following global workforce review by parent company Just Eat
Just Eat cited the need to ensure sustainable growth.
Headversity acquires Health Improvement Solutions to build out its mental health platform
HIS will introduce a health risk assessment methodology to the Headversity platform.
D2L increases revenues as it tries to buck market downturn
Despite increases, CEO says growth slower than expected.
Network software startup Kaloom secures $27.4 million CAD from Québec government, Alternative Capital Group
Kaloom plans to expand in Japan, recently registering its business in the country.
The51 appoints former AltaML, CDL manager Danielle Gifford as director for Movement51
With Danielle Gifford at the helm, Movement51 plans for its next growth phase across Canada.
Shopify swaps CFO, COO amid financial downturn
CFO to exit following third quarter earnings report.
Panache closes $100 million for second fund as firm doubles down on seed-stage startups
Early-stage firm says there’s a “good possibility” Fund II will grow.
Led by ex-Vidyard employees, HyperComply wants to get rid of security questionnaires
After closing $6.4 million USD in January, HyperComply launched a product to automate due diligence.