Monadical launches Developer Capital to fund early-stage AI startups with help from its team of software devs
Montréal investment corp. has closed $2.5 million CAD, backing Unified.to and Rithmik.
Canadian Startup News
MarineLabs looks to bring safety to oceans following $4.5-million seed round
Startup offers hardware and software that provides real-time wind, wave, and weather data.
DarwinAI acquired by Apple amid Big Tech arms race
Kitchener-Waterloo startup’s customers have included Lockheed Martin.
DevOps platform Codezero raises $3.5-million seed round
The platform is backed by GitHub CEO Thomas Dohmke.
Music collaboration startup BeatConnect raises $2.25 million CAD
Platform led by CBC alumni reached over 70,000 users in 2023.
TrueContext to be acquired by Battery Ventures in latest Canadian go-private deal
The acquisition values the workflow platform at approximately $150 million.
Saskatchewan government doubles cap of startup investor tax credit to $7 million
Program eligibility has also been expanded to include cleantech startups.
Majority owner Markus Frind named permanent CEO of Cymax Group
The Plenty of Fish founder first invested in Cymax in 2015.
Biotech startup Noa Therapeutics raises $2.2 million in pre-seed funding
Pre-clinical startup discovers drugs that treat inflammatory diseases.
Ex-BDC partner aims to back early-stage “AI frontier” startups with Defined Capital
Fund has closed over a third of $15-million USD target from LPs like Inovia, Band, and BC tech entrepreneurs.
Alberta earmarks $55 million to build tech, science hub at the University of Calgary
The hub will include incubator space for researchers to collaborate with industry partners.
Opalia closes $2 million to make more milk with less moo
Startup develops milk from bovine mammary cells.
MDF Commerce to go private in $255-million acquisition by New York-based KKR
The deal’s price tag is a premium on its recent TSX close yet well below its peak value.
#Tech+Biz4SickKids launches with new name, lineup of Canadian tech ambassadors
Campaign aims to drive support from Canadian tech to support SickKids.
Yamaha Motors leads Joyride’s $7-million CAD Series A as startup sets sights on enterprises and OEMs
Joyride partnered with EV manufacturer GEM in October.