Spiderwort closes $3.4 million CAD in seed financing
Spiderwort, an Ottawa-based healthtech and biomaterials startup, has raised a seed round of funding at $3.4 million CAD ($2.5…
Canadian Startup News
Material science company Trusscore raises $5.33 million seed round
Trusscore, a material science company that combines sustainable materials and nanotechnology, has raised a $5.33 million CAD…
Clearpath Robotics raises $40 million CAD Series C for industrial robot division
Waterloo-based Clearpath Robotics has raised a $40 million CAD ($29 million USD) Series C round. The capital will be used to…
Canadian angel groups mixed on capital availability in COVID-19 world
As COVID-19 forces angel investor groups to move their activities online, industry leaders have mixed views about the outlook…
MaRS shares tribute following the passing of IAF managing director Barry Gekiere
Barry Gekiere, the managing director for the MaRS Investment Accelerator Fund (IAF) and longtime member of the Canadian venture…
Creative Destruction Lab officially kicks off COVID-19 recovery program
Earlier this week, Creative Destruction Lab (CDL) officially launched its new program, CDL Recovery, focused on transforming…
15 percent of Canadian occupations to decline by 2030, says Brookfield Institute
Fifteen percent of Canadians are currently working in occupations projected to decline by the year 2030, while 19 percent are…
Scale AI invests $10 million to create ten AI university chairs across Canada
Québec-based artificial intelligence (AI) supercluster Scale AI is investing $10 million to support the creation of at least…
BehrTech receives $3 million grant to build industrial IoT lab in Toronto
Toronto-based BehrTech, a startup that develops wireless connectivity products for the Internet of Things (IoT), has received…
Element AI launches new collaborations in Singapore, South Korea
Element AI has launched two new artificial intelligence (AI) collaborations in Asia-Pacific, one with a South Korean investment…
Atlantic Women’s Venture Fund launches inaugural fund, Danielle Graham joins as investment principal
The Atlantic Women’s Venture Fund (AWVF) has officially launched its inaugural fund as the group looks to address, head-on,…
Canadian startup Boss Insights helping American small businesses navigate PPP loans
Since launching in early April, the Paycheck Protection Program (PPP), a COVID-19 relief initiative in the United States that…
Toronto ShopHERE initiative goes national with $1 million investment from Google Canada
Google Canada is committing $1 million to ShopHERE to help expand the Digital Main Street program across Canada. Google Canada’s…
Benevity founder Bryan de Lottinville to become executive chairman as Andrew Huddart takes over CEO role
Bryan de Lottinville, the founder of corporate social responsibility software startup Benevity, is departing his role as CEO…
Phelix.ai raises $1 million seed round led by Well Health Technologies
Toronto-based Phelix.ai, a startup that develops automation tools for the health sector, has raised a $1 million seed round.…