More than $110,000 in investments awarded to startups at Inventures 2023
The Calgary conference wrapped up its fourth in-person event with more than 3,000 attendees.
Calgary
Over $1 million in cash available for Canadian startups in FinTech, sciences, and more
Startups can now apply for a chance to get funding from Momentum, Innovate BC, and Platform Calgary.
As Nasdaq delisting looms, asset management firm mCloud looks to go private
mCloud’s Nasdaq shares declined by 80 percent in the last year.
List highlights 10 fast-growing, impactful SDTC-backed Canadian cleantech firms
Mara Renewables, MineSense, Ecopia AI crack the list alongside returnees Saltworks, Hifi, among others.
Attabotics sues Canadian Tire over warehouse fire
Robotics supply chain startup alleges damages including loss of business opportunities.
The51 closes $30 million of targeted $50-million Food and AgTech Fund
LPs include Farm Credit Canada, Alberta Enterprise Corporation, and National Bank of Canada.
Neo Financial bets on embedded finance, D2C combo amid tough consumer banking market
After partnering with Intuit, Neo looks to land more embedded finance deals.
Calgary Police Force, Chainalysis partnership aims to reduce cryptocurrency scams
Partnership hopes to offer training, support to other law enforcement agencies.
Nimble Science raises $2.7 million to collect data from previously inaccessible regions of small intestine
Nimble’s ingestible device brings new insights into stomach health.
Valhalla Private Capital partners with Plug and Play Alberta to boost exposure of startup companies to investors
Plug and Play opened its first Canadian location in 2020.
Mercator AI raises $5.1 million CAD as it develops early project detection tool for construction
Mercator helps business developers find leads in construction projects faster using AI.
Symend reduces team by 25 percent in restructuring, four months after $54 million round
Latest cuts come after Symend laid off 13 percent of staff late last year.
IrisCX secures $6.2 million CAD to help home product, services firms provide video-based customer support
IrisCX limits in-person service calls by empowering consumers to perform tasks traditionally done by technicians.
Movement51 launches investment readiness education program for women entrepreneurs across Canada
With backing from TD, Movement51 aims to close VC funding gap for gender-diverse founders.
Doctor-backed Clinify secures $2 million CAD to help digitize African medical records
Fuelled by personal tragedy, Michael Omidele aims to transform African healthcare delivery, starting in Nigeria.