Diagram Ventures beats target to close first ClimateTech Fund at $80 million
Sagard-backed firm will apply FinTech-honed venture builder model to cleantech.
Funding
Government-backed Montréal innovation hub Ax-C gets boost from private sector
Launching spring 2025, Ax-C has an additional $5.25 million CAD in support from Bell, Google, Desjardins, and FTQ.
Indiegraf to expand independent news solution after raising $2.9 million CAD
“Media business in a box” offering to expand across the United States and Latin America.
Flora Fertility closes $1.5 million CAD to bring individual fertility insurance across North America
Insurtech startup led by repeat founders plans to launch in the US next year, with Canada to follow.
Repeat founders return with $1.1 million to help AI SaaS companies launch API integrations through Unified.to
Pereira and Alexey Adamsky return with former CalendarHero colleagues and backing from LOI Venture and DevCap.
Ex-PathFactory CEO’s Sparrow BioAcoustics closes $10 million to turn smartphones into stethoscopes
Funding comes one year after the startup received FDA clearance for its Stethophone software solution.
Nunafab, SnapWrite, Aruna Revolution among startups to score prize money at Elevate
Fourteen startups cashed in over $290,000.
Koho secures $190 million CAD in equity and debt to bolster banking licence efforts
CEO said he’s not betting the company on banking licence at Elevate.
Nano One to increase battery material manufacturing capacity with funding from US Department of Defense
$17.8 million CAD to support Nano One’s Candiac, Québec and British Columbia facilities.
Orpyx closes $26.9 million CAD in growth capital to fuel US expansion
Startup has focused on US commercial traction of its shoe-based sensor tech for people with diabetes.
GreenSky’s $15-million first close of Fund VI puts VC firm in rare company
Research indicates only one percent of Canadian VC firms have graduated to a sixth fund over the past decade.
EdTech startup LumiQ receives strategic investment from Vertu Capital
CEO says LumiQ found alignment with Vertu after staying away from institutional venture capital.
Universe alums aim to leverage developer infrastructure experience with Bemi
Bemi announces $1.2 million in funding to help companies track data changes in Postgres.
Microsoft among corporate investors backing Cyclic Materials’ $71-million CAD Series B
Cleantech startup gearing up to expand rare earth recycling infrastructure in the US and Europe.
a16z leads Scribenote’s $11-million CAD seed round to boost AI-powered writing tool for vets
AI scribe startup hopes platform can help veterinarians avoid burnout.