Canada Growth Fund injection tops Eavor’s Series B at $182 million
The Canada Growth Fund has invested $90 million into Eavor’s funding round.
Calgary
“Cooler financing environment” leads StellarAlgo to restructure and make layoffs
Twenty-one employees laid off could represent nearly one quarter of Calgary startup’s headcount.
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.
Quickly secures $10 million in equity and debt to help businesses pay vendors promptly
Quickly claims to solve the delayed-payment problem for B2B companies.
BDC Capital deploys seed funding to help reduce greenhouse gas emissions
Green Graphite Technologies closes $2 million, while Arolytics raises $3.5 million in cleantech funding.
ZayZoon closes Series B to fuel continued US expansion of earned wage access business
ZayZoon nabs $34.5 million USD in debt and equity to help workers access a cash-advance alternative to payday loans.
Monark closes $1.5 million led by Storytime Capital to modernize leadership development
Former leadership-development consultants aim to engage leaders earlier and more continuously with tech.
Ontopical closes $3.3 million seed extension to help companies navigate the local government procurement process
Rhino and Graphite Ventures-backed Ontopical mines public data for private sector clients using AI.
Attabotics, Urbx settle litigation over robotic storage patents
Following mutual resolution, both startups agree to no more public statements.
Employee time-tracking startup Replicon acquired by US-based Deltek
Deltek called this deal one of the largest in the company’s history.
Digital medical-billing platform ResolvMD secures $2-million loan from PaceZero to pursue strategic acquisitions
Doctor-backed Calgary startup sees opportunities across Alberta.
Canadian startups NLPatent, BorderlessHR, Monark accepted into Google’s Women Founders accelerator
Three startups represent Canada in a cohort of 11 North American companies.
Legaltech scaleup Athennian navigates growing pains with layoffs, leadership changes
Athennian CEO says changes part of company “preparing for its next level of scale.”
How a cold DM to a16z helped Finofo raise its $1.6-million CAD pre-seed round
After launching tools for cross-border payments, Finofo aims to become “all-in-one” solution for finance teams.
Alberta looks to hydrogen as the “next frontier” in energy, invests $45 million in related technologies
The financing will come via Alberta Innovates and Emissions Reduction Alberta.