VirgoCX receives CSA exemption as parent company secures $10 million
As VirgoCX secures regulatory exemption in Canada, it eyes global expansion in Australia, UK.
Funding
Thin Air Labs secures $20 million in initial close of Prairie-focused venture fund
The Prairie tech firm has targeted $100 million for first fund.
Vybe Network raises $13.1 million CAD for Solana blockchain data infrastructure solution
Vybe aims to make it easy for anyone to access data on Solana.
IntelliSports raises $2.5 million for gamified fitness app PlayFitt
New York Jets’ guard bets on Montréal-made fitness video game.
PayShepherd closes $3.8 million CAD to fuel North American expansion of contractor billing solution
Calgary FinTech firm aims to spot billing mistakes before it’s too late.
Starting with Ontario, Kruzee aims to become North America’s leading online driving school
Ratehub, Juno College alum-led Kruzee gears up for launch with $500,000.
Mash raises $7.5 million CAD to help builders, developers, and creators monetize
Mash wants to help creators generate cryptocurrency revenue.
Accelerator Centre secures $10 million from FedDev Ontario for venture studio program
Participating startups can receive up to $100,000 in seed funding.
CanCode doles out $1.1 million to digital literacy training group Grandir Sans Frontières
GSF aims to create over 8,000 tech training opportunities for youth.
Parvis raises $2.6 million seed round for blockchain-enabled real estate investment management platform
Parvis’ direct-to-investor platform is set to launch later this summer.
Québec’s innovation minister “not happy” with province’s R&D commercialization
With new $7.5 billion SQRI2 strategy, Minister Pierre Fitzgibbon aims to close the productivity gap with Ontario.
Penny AI raises $33.9 million CAD Series B to expand direct sales solution
Penny’s platform supports sales consultants in over 60 countries and 25 languages.
Alberta Innovates invests cumulative $9.1 million to 15 projects focused on tech ecosystem growth
Alberta Innovates also set to invest $2 million into program for reusing plastics.
Platform Innovation Centre promised $3.3 million in provincial, municipal funding ahead of official launch
The Centre is set to officially open on June 6.
BC startups Kardium, HTEC, Kobalt, Symvivo receive cumulative $11.1 million from feds
The four recipients operate in the life sciences, cleantech, and digital sectors.