MarineLabs looks to bring safety to oceans following $4.5-million seed round
Startup offers hardware and software that provides real-time wind, wave, and weather data.
Cleantech
Saskatchewan government doubles cap of startup investor tax credit to $7 million
Program eligibility has also been expanded to include cleantech startups.
Opalia closes $2 million to make more milk with less moo
Startup develops milk from bovine mammary cells.
Yamaha Motors leads Joyride’s $7-million CAD Series A as startup sets sights on enterprises and OEMs
Joyride partnered with EV manufacturer GEM in October.
Jacob Homiller replaces co-founder Chris Stern as CarbiCrete CEO
Stern says he will remain with the company as a strategic advisor.
Elevated Signals raises $7.9 million CAD Series A to scale its manufacturing operations software
After starting in cannabis, startup looks to its original goal of tackling food security.
Ocean tech company Xeos Technologies acquired by Spain’s Satlink
Xeos helps track and control assets that operate in harsh maritime environments.
Evercloak closes $2-million seed round as it looks to cool buildings without heating the planet
Evercloak’s membranes are aimed to reduce the energy air conditioners consume by more than 50 percent.
NGen investing $32.3 million into 15 advanced manufacturing projects
Tech startups CarbiCrete, 3D BioFibR, Falkbuilt among recipients.
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.
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.
Eight Canadian foodtech projects receive $1.9 million in pilot funding from CFIN
Supported projects include short-haul delivery robots and augmented reality training programs.
Bello raises $1.5 million for its consumer water filter and infuser
Bello wants to help eliminate plastic bottles with long-lasting filter, multi-use flavour capsules.
Climate tech VC ArcTern Ventures closes $450-million CAD Fund III from large institutions
ArcTern’s LPs include TD, CPPIB, Allianz, OPTrust, Church Pension Group, and Credit Suisse.