Corinex secures $42 million CAD to continue its European expansion
Corinex’s sensors and software help utilities providers monitor their power grids.
Funding
Puzzle Medical raises $43 million to pursue clinical trial of less-invasive device for patients with heart failure
Second Series A round co-led by family office of former Liberal leadership candidate Frank Baylis.
Blumind secures $20-million Series A to build the AI chip we’d have if computers didn’t exist
Ottawa fabless chip startup says it plans to get its first product into production next year.
Scale AI offering $30-million envelope for Canadian companies to accelerate AI adoption
Government-backed AI hub to cover up to 40 percent of “high-impact” AI projects completed this year.
Corporate VPN startup Tailscale secures $230 million CAD Series C on back of “surprising” growth
Company achieves $2 billion CAD valuation after doubling customer base in 10 months.
Glowtify wants to be the AI-driven marketing solution for lean e-commerce teams
Montréal-based startup secures $825,000 in pre-seed financing from angel investors.
UK-based Osney Capital eyes Canadian cybersecurity startups with 50-million-pound first fund
Osney wants to help Canadian startups expand to Europe and bring UK startups here.
Healthtech startup Vopemed lands $2.29-million pre-seed funding for AI-powered surgery visuals
A mini Montréal healthtech boom may be on the horizon as several early-stage companies attract investment.
Raven Capital cultivates Indigenous-led biotech company AdvancedAg with $2-million seed investment
Funding to support family-owned company develop IP and expand in North America.
Ontario subsidizes Siemens’ new R&D facility after CEOs plead province to prioritize homegrown production
The Invest Ontario Fund will cover $7.2 million of the German giant’s $150-million investment.
BioAlert secures $2.5 million to help companies detect and manage harmful pathogens in water
Sherbrooke, Que.-based cleantech company hopes to add salmonella, E. coli detection with new funding.
Nanoprecise closes Series C to predict industrial equipment failures with AI
Edmonton startup nabs $36 million USD to bring its tech to Southeast Asia, Latin America, Africa.
Québec budget overhauls innovation tax credits, earmarks millions for tariff impacts
Early-stage investment-matching program Impulsion PME renewed under different mandate with $200 million in funding.
ExxonMobil takes CoLab Software’s AI tool out to sea with $5.6-million oil rig partnership
R&D funding supported hiring of 17 full time employees at CoLab’s St. John’s headquarters.
As online threats get worse, Styx raises $2.7 million for digital risk protection platform
Repeat cybersecurity entrepreneurs take aim at brand impersonation, phishing scams, AI imposter content.