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.
Calgary
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.
ZayZoon, Symend, Peggy named to CIX’s top early-stage, growth startup lists
This is the first edition of the lists since Elevate acquired CIX in September 2023.
Mining tech company GeologicAI acquires consultancy Resource Modeling Solutions
GeologicAI has developed “robot geologists” for the mining sector.
Unbounce among the latest #CDNtech companies making changes at the top
WeCook, Aifred Health, and Stream Systems have also made leadership changes this month.
NGen investing $32.3 million into 15 advanced manufacturing projects
Tech startups CarbiCrete, 3D BioFibR, Falkbuilt among recipients.
OpenHouse.ai raises $1.5 million CAD for house-planning and marketing tool
The platform provides insights to builders about desired features and floor plans in certain communities.
With doubling revenue and Scotiabank partnership, Solfium is bringing solar power to Latin America
Startup wants to decarbonize supply chains with the power of the sun.
Maple VC backs Canadian-founded Dexa’s $6-million seed round
Dexa offers an AI-powered search tool for podcast listeners.
SumoQuote acquired by Utah-based roofing software firm JobNimbus
SumoQuote will continue to operate out of its Calgary office.
Exro to acquire California-based SEA Electric in $332-million CAD EV-tech deal
Exro said deal provides it with “a defined path” to profitability.
University of Calgary’s “venture philanthropy fund” UCeed targets pre-seed funding gap
Three and a half years since its launch, UCeed has grown into one of Canada’s most active early-stage investors.
Alberta Securities Commission orders crypto exchange Catalyx to cease trading following security breach, loss of assets
Catalyx announced the security breach one week after the ASC issued its initial cease trade order.
Social Finance Fund-backed Realize Capital Partners reveals first nine investments
Recipients include Idealist, Maple Bridge, PaceZero, Raven, Relentless, and The51.
Woveo closes $2.3 million to expand community wallet platform for underserved banking customers
As cost of borrowing increases, Woveo wants to help non-prime customers save, build credit.