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Canadian Startup News
Rebelstork secures $24.45 million CAD Series A to bolster tech and operations
All-equity round saw participation from Serena Williams’ and Jay Z’s venture funds.
BC’s cleantech, AgTech startups dominate 2024 New Ventures BC Competition
Timezyx, SkyAcres, and skiKrumb took a slice of the $250,000 up for grabs in this year’s competition.
Canadian startup formation data from Panache Ventures points to future demand for capital
Panache Ventures general partner Prashant Matta suggest founders and investors must get back to playing offence.
Paper co-founder Roberto Cipriani steps down from day-to-day role
Montréal EdTech startup’s tumultuous summer continues following layoffs, leadership shakeups.
Teralys Capital says it “should” hit $570-million fund-of-funds target by end of year
Montréal-based Teralys confirmed $475 million raised to date, making it the largest VCCI-backed fund.
Motion closes $30-million USD Series B in bid to become “command centre for creative strategists”
Inovia-backed startup’s software enables creative strategists to turn data into ad ideas.
Fears of repeating Web 2.0’s mistakes permeate AI-focused Competition Summit 2024
Concerns over fate of Bill C-27 loomed over panel discussions between Canadian regulators.
Five unmissable highlights of this year’s Elevate Festival
Kara Swisher, Dax Dasilva, WNBA Toronto and some epics after-parties around the city.
Nomic Bio secures $42 million Series B to expand startup’s protein mapping platform
Montréal-based Nomic Bio claims technology now in use by more than 75 companies.
Mosaic to scale homegrown 3D printing infrastructure with $28 million CAD of equity growth funding
CEO says recent nearshoring push has been a boon for the 3D printing manufacturer.
Okanagan tech sector generated just under $5 billion of economic impact in 2023
Fifty-eight percent of the region’s 787 tech companies have already reached profitability.
Federal government’s massive $2 billion CAD loan to Telesat sparks Elon Musk debate between ministers
Elon Musk claims Starlink can provide similar internet services at half the cost. Minister Champagne disagrees.
Two years after pivot to international financial management, Loop has processed over $1 billion in payments
Returning investors Mistral Ventures and Graphite Ventures among group behind $6.4-million CAD seed extension.
AI startups dominate latest Google for Startups Accelerator’s Canadian cohort
Ten of the 14 startups in the latest cohort claim to be using AI or machine learning as part of their core offering.