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.
Calgary
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.
SVG Ventures Thrive aims to raise $75 million CAD for third agrifood fund
The fund will make initial investments in seed to Series A agrifood startups.
Harvest Builders, Headversity, among 15 recipients of $25.5 million PrairiesCan investment for Calgary businesses
The funding is expected to support over 800 jobs in healthtech, cleantech, other sectors.
Summit Nanotech secures $50 million USD to scale lithium extraction for EV production
The Calgary startup aims to build the “lithium mine of the future.”
Benevity cites lower than expected customer demand as cause for 14 percent layoffs
Benevity joins Hootsuite, Lightspeed, Clutch, Clearco in significant staff cuts.
Layoffs persist at Canadian tech companies amid bleak outlook for 2023
FreshBooks, Thinkific, Revelate, Bridgit among latest firms to cut staff amid downturn.
AltaML, Waabi, TrojAI among Vector Institute’s 20 Canadian AI startups to watch for 2023
The list was narrowed down from 150 startups.
Movement51, CIWA secure $861,980 from PrairiesCan to support women entrepreneurs, investors
The funding is expected to help increase women-owned and led businesses in the Prairies.
Harvest Builders announces Graeme Harrison as new president
Harrison to help studio connect with venture funds and startups throughout Western Canada and beyond.
Shopify, Benevity set records for Black Friday-Cyber Monday and Giving Tuesday
Shopify merchants rack up $7.5 billion in sales over the weekend.
Avatar Innovations targets $3 million for new decarbonization tech fund
Avatar has secured Cenovus Energy as its lead investor.