Potential Motors secures $2 million to commercialize terrain-perception software for off-road vehicles
After years of R&D, Potential says it is ready to take its core tech to market.
Canadian Startup News
Rogers Cybersecure Catalyst and RBC launch FinSec incubator
Incubator aims to help emerging FinTech and cybersecurity startups achieve product-market fit.
AlterBiota closes $4-million seed round in mission to decarbonize concrete
Invest Nova Scotia, BDC-backed AlterBiota has developed a sustainable concrete additive.
Netskrt Systems secures $10 million CAD in Series A financing to improve streaming speeds in “underserved” communities
Yaletown Partners and InBC Investment Corp were among investors in the content-delivery network startup.
The Startup Train returns for its 10th year to kick off Startupfest 2024
Chartered train offers a one-way, business-class journey from Toronto to Montréal.
1Password looks to help businesses secure unmanaged devices with a new offering
Extended Access Management stems from 1Password’s acquisition of Kolide in February.
Save da Sea closes seed financing, becomes the first investment of BDC’s Thrive Lab
Startup is serving up plant-based alternatives to seafood.
South Korea’s neighbourhood buy-and-sell app Karrot hits one million Canadian users, builds Toronto tech hub
Karrot aims to expand North American presence with Ritual, GoodGood co-founder Robert Kim.
Versaterm acquires American mental health platform for first responders
This is the public safety tech firm’s second acquisition within the past month.
Feds set hard cap on Start-up Visa program applications, pause self-employed persons program
Last year, the feds targeted 3,500 SUV applications in 2024. Now, it’s a maximum of 840.
Five things you’ll want to do at the world’s most interesting crypto conference
A Canadian delegation is heading to Texas this May for Consensus 2024.
WonderFi’s Bitbuy purchases clients of Bitstamp as fellow crypto exchange exits Canada
WonderFi and some disgruntled shareholders have also reached a deal to refresh its board.
Hydrogen power projects receive $57 million in funding from Alberta government
Alberta government wants to make the province the “hydrogen capital of Canada.”
Capital gains tax changes not included in feds’ Budget 2024 motion bill
Freeland continued to back tax changes but dodged questions about their absence from the motion.
Biointelligence raises $5 million for biomanufacturing efficiency platform
The company intends to use the funds to accelerate growth in the United States and Europe.