Canadian startup news of the week (12/05/21)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
toronto
Summit Nanotech wins $1 million Women in Cleantech challenge
MaRS Discovery District and Natural Resources Canada (NRCAN) announced November 30, that the grand prize winner of the three-year…
Just Boardrooms raises $3 million, launches marketplace for in-person meeting spaces
Toronto-based Just Boardrooms has raised $3 million CAD from a group of angel investors as the company launched its online…
Bidmii secures $1 million round led by Scott McGillivray to scale home renovation marketplace
Toronto-based proptech startup Bidmii has raised $1 million in pre-seed funding. Canadian entrepreneur, investor, and HGTV…
Gradient Spaces, Georgian launch incubator program for early-stage 2SLGBTQIA+ founders
Gradient Spaces has opened applications to its new incubator program for Canadian founders who identify as members of the 2SLGBTQIA+…
H|T: The Healthtech Times – Talkspace’s stock tanks as executives depart
The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe. Subscribe to H|T using…
Arteria AI pens deal to acquire assets of H4
Toronto-based Arteria AI is set to acquire certain assets of H4, a London, England-based company. As part of the agreement,…
Pow! Bam! Biff! Special effects studio Monsters Aliens Robots Zombies raises $6.5 million
Monsters Aliens Robots Zombies might sound like your worst nightmare, but it’s actually the name of a technology and visual…
R|T: The Retail Times – Amazon failed to protect your data
The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe. Subscribe to R|T using…
Coveo closes over-allotment option, raises additional $32 million as part of IPO
Québec City-based Coveo has closed its over-allotment option, pulling in another $32 million from its Toronto Stock Exchange…
South Korea AutoTech startup AutoCrypt to open Canadian office in Whitby
South Korea-based AutoTech company Autocrypt has announced Whitby as the home for its new Canadian office, moving it into the…
San Francisco’s Maple VC closes $16.5 million for second fund focused on Canadian founders
San Francisco-based seed-stage investment firm Maple VC has secured $16.5 million USD for Fund II to support its plans to back…
Alida secures additional $3 million from BMO Capital to accelerate growth strategy
Customer experience management company Alida secured an additional $3 million for its Series D round from BMO Capital, bringing…
Klue scores $79 million CAD from Tiger Global, Salesforce Ventures
Vancouver-based software company Klue has secured $79.2 million CAD ($62 million USD) in Series B financing to fuel the expansion…
The untold story of Recon Instruments’ impact on the Vancouver tech scene
In Vancouver, the past year has seen the acceleration of a rapidly maturing tech industry. Since last December, the upstart…