DIGITAL invests $10.5 million across four AI projects from healthtech startups
Projects from Swift Medical, RxPx, Gotcare, and AlayaCare carry a collective $26-million value.
British Columbia
Blossom closes $2.1 million to grow its investing social network in the US
After abandoning its brokerage vision, Blossom plans to remain a social platform.
Bench and Shopify alumni announce $11 million CAD to build “the Stripe for accounting” with Teal
Vancouver-based Teal provides bookkeeping infrastructure to vertical SaaS companies.
CloudMD to be taken private by CPS Capital
CloudMD had been reviewing options to solve its liquidity issues as a result of its numerous acquisitions.
Three Canadian companies among finalists of Musk-funded XPRIZE Carbon Removal competition
Skyrenu, Arca, and Planetary are entering the last stage of the $100-million, four-year-long competition.
#CDNtech companies Nuvei, WonderFi, Thinkific saw revenue growth in Q1 2024
NowVertical’s revenue for 2023 also increased by 91 percent year-over-year to $51.7 million.
Maia Farms secures $2.3 million as it looks to turn mushrooms into meat alternatives
Startup recently won a space food challenge hosted by NASA and the Canadian Space Agency.
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.
Save da Sea closes seed financing, becomes the first investment of BDC’s Thrive Lab
Startup is serving up plant-based alternatives to seafood.
Wealthsimple and Koho CEOs talk productivity, entrepreneurship, and financial innovation
Two of Canada’s FinTech leaders tell founders to “get back to work.”
Sanctuary AI reveals seventh-generation robot it calls “analogous to a person”
The latest robot includes improvements to automation speed, range of motion.
Zafin founder and CEO joins latest slew of #CDNtech executive turnover
Martello, Boast, and Illumin have also shuffled their leadership teams since the end of March.
Happly.Ai, Verano.ai, aiphrodite.ai among winners at INNOVATEwest 2024
The inaugural INNOVATEwest wrapped up in Vancouver this week.
Well Health acquires 10 primary care medical clinics from Shoppers Drug Mart
Well says it will integrate digital workflows, patient engagement tech, and AI tools into the clinics once acquired.
Shein’s Canadian delivery partner UniUni secures nearly $70 million CAD
The last-mile service secured just over $45 million CAD in Series B funding last year.