Odaia secures $17.5 million CAD to help pharma firms focus their sales and marketing with AI
Odaia aims to be a “one-stop shop” for pharma data analysis.
Funding
Micruity aims to “pensionize” 401(k) plans as it lands $6.5 million CAD seed round
Franklin Templeton and Allianz Life both made strategic investments in Micruity.
Cubbi secures $1.35 million CAD to expand its food delivery and storage platform
The food delivery startup comes from same city as SkipTheDishes.
Axya raises $3.9 million in seed extension to scale deployment of supply chain software
The initial round closed in March and raised $1.5 million.
Newton Crypto now valued at $253 million following $25 million CAD Series B round
Tiny Capital, Shopify co-founder Tobias Lütke’s Snowdevil Capital helped fuel the financing.
Nord Quantique closes $9.5 million seed round co-led by BDC Capital’s Deep Tech fund
Nord develops hardware for fault-tolerant quantum computing.
Elastic Path secures $60 million to scale “composable commerce movement”
The round brings Elastic Path’s total funding to $120 million.
Canadian biotech leader Clarissa Desjardins secures $63 million CAD for Congruence Therapeutics
PerkinElmer and Ipsen purchased two of Desjardins’ previous companies.
D-Wave hopes to raise $431 million CAD as it prepares to go public via SPAC
Quantum computing startup aiming for a $1.5 billion valuation.
With Portage backing, New York-based LoanStreet eyes Canadian market
Portage Ventures’ Adam Felesky believes “Canada could be an interesting market for LoanStreet.”
Dozr raises $27.5 million in Series B funding to support US expansion plans
The heavy equipment rental startup aims to replicate its Florida playbook in other markets.
iGan Partners, Faisal Belhoul launch Arabia medtech fund with $250 million USD target
The fund has invested in Okadoc, Exact Imaging, eSight, and MolecuLight.
Stamped AI closes $2 million to simplify financial statement prep for SMBs
Stamped AI describes itself as a “tech-enabled audit firm.”
LeddarTech scores $140 million USD in Series D funding and debt
LeddarTech builds tech systems that support autonomous vehicles.
Amplify Capital closes $30.7 million for second fund, eyes Québec startups with Montréal office
To date, the MaRS spinout has backed 7 companies through Fund II.