Procurify closes $68-million CAD Series C to invest in AI, global expansion of spend management platform
Ten Coves Capital, EDC join existing backers Information VP, HarbourVest.
Canadian Startup News
Hiive secures $5.7-million CAD Series A to improve VC secondary trading
Hiive is still seeing a significant bid-ask spread for secondary stakes on its platform.
Feds launch consultation on AI’s copyright implications as privacy watchdog seeks input on new biometrics guidance
Consultations come as Canadian authorities explore how to regulate emerging technologies.
CANImmunize, PharmaGuide, Wave View Imaging named to inaugural cohort of Pfizer Canada’s Healthcare Hub
Pfizer Canada is earmarking $1.4 million in in-kind support and donations as part of the program.
Cycle Momentum receives $22.25 million in provincial backing, launches matching cleantech funding program
Origo will offer Québec-based pre-seed and seed-stage startups with $150,000 CAD in funding.
Ripple Ventures plants flag in Vancouver as firm envisions “coast-to-coast” Fund III
With Fund III backed by RBCx and VCCI, Ripple Ventures plans to hold final close by year’s end.
Neo Financial, Jobber, WaitWell among winners of sixth annual Start Alberta Tech Awards
Neo Financial was recognized as scaleup of the year while Jobber was awarded for its $100 million Series D.
Ten Key Labs secures $10.5 million, launches AI equity management tool for founders
Extreme Venture Partners, Xtreme Labs alum secures backing from Craft Ventures, Shopify angels, Wave co-founder.
HaiLa Technologies closes $14 million CAD strategic investment featuring Japanese manufacturer Murata Electronics
HaiLa says funding will fuel R&D for its IoT chips and solutions.
Buddybuild founder is back with new code-assist platform Unblocked
Amplify Partners, Slack founder Stewart Butterfield among Unblocked’s investors.
Quantum Industry Canada appoints Lisa Lambert as first-ever CEO following fed investment
Quantum Industry Canada received $1.4 million as part of Canada’s National Quantum Strategy in January.
Vendasta closes $20-million Series E to fund acquisitions, converts existing debt into equity
Foundry partner Brad Feld joins board, sees Vendasta as a “natural consolidator” of B2B SaaS firms.
BetaKit Live: Bridging the cybersecurity gap for SMBs
Hear from Mastercard, Digital Main Street, and Rogers Cybersecure Catalyst leaders on October 17.
Federal government announces first VCCI inclusive growth stream VC fund recipients
BKR Capital, District Ventures Capital, Ripple Ventures, Sandpiper Ventures, The51 receive portion of $25 million.
FluidAI Medical announces $15-million Series A for AI-driven postoperative monitor
Series A round comes almost exactly one year after rebranding from NERv Technology.