Midjourney competitor Ideogram closes $80-million USD Series A as it launches latest text-to-image model
The fundraise comes just six months after its $22.3-million seed round.
Canadian Startup News
Elevated Signals raises $7.9 million CAD Series A to scale its manufacturing operations software
After starting in cannabis, startup looks to its original goal of tackling food security.
Canadian-founded Power closes $16.3-million CAD Series A to connect patients with clinical trials
Power claims over 600,000 patients used Power to discover clinical trials last year.
EdTech startup Tokidos secures $1.35 million CAD for screenless gaming console
Tokidos says it has more than $115,000 in pre-orders for its September launch.
With new president Sarah Miller Wright, Certn targets profitable growth over acquisitions
Following 2023 layoffs, Miller Wright must steer Certn’s global operations through a “transformation year.”
QueerTech acquires accelerator Gradient Spaces to support more 2SLGBTQ+ tech workers
According to QueerTech, less than one percent of venture capital deals go to Queer entrepreneurs.
Finix launches integrated payments offering in Canada
US FinTech firm offers a single integration for omnichannel payment acceptance.
Four Canadian companies selected to Comcast SportsTech Accelerator
Canada lead the pack with the highest number of companies in the global cohort.
Helcim closes $27 million CAD to bring payment stack to underserved SMBs
Startup’s full-stack payment offering puts it up against FinTech giants like Stripe.
Medical sharing platform Figure 1 acquired by Physician’s Weekly
Figure 1 has developed a platform for clinicians to discuss and share medical knowledge.
Helius raises $12.8 million CAD to help devs build blockchain apps on Solana
The Web3 startup was founded by former Coinbase and AWS software engineers.
As Techstars makes changes, the future of its Toronto accelerator is uncertain
Techstars Toronto has paused applications with leader Sunil Sharma transitioning away.
Yoshua Bengio co-signs statement calling for new laws to combat deepfakes
One study cited a 3,000 percent increase in deepfake fraud last year.
Helika closes $10.8-million CAD Series A for Web3 gaming analytics platform
Following success in North America and Europe, Helika wants to expand to the Asia-Pacific market.
As crypto market bounces back, Balance reachieves $2 billion in assets under custody
Balance relocated its headquarters from Toronto to Calgary at the end of January.