Inossem raises $3.5 million CAD to bolster R&D, add engineers
Inossem aims to help Canadian mid-sized businesses with business automation.
Funding
Manzil looks to expand Halal financial services platform with $2.44 million CAD, acquisition of Muslim Will
Manzil’s mandate is “to bring a digital Islamic financial institution to Canada.”
Pine comes out of stealth to build “Wealthsimple for home buying”
Pine has secured $27 million since it was founded in 2021.
Mara Renewables raises $39.5 million to expand algae-based offerings
Mara wants to promote use of Omega-3 from under the sea.
Able Innovations announces $7.5 million to take the pain out of patient transfer
Amid staffing shortages, Able aims to enable healthcare workers to “do more with less.”
Memorial University to launch two innovation initiatives with support from feds, provincial government, IBM Canada
IBM’s contribution includes hardware, software, staffing.
Doctor-founded Cherry Health closes $1.23 million to expand job-matching platform for physicians
Well Ventures, physician-backed Cherry Health aims to build “digital home for doctors.”
Dependbuild, Easy Platter, PragmaClin Research win collective $75,000 from Volta pitch contest
The three startups represent Volta’a 10th cohort for its mentorship program.
Worximity secures $14 million for smart factory analytics tech
Worximity part of the push towards the ‘Fourth Industrial Revolution.’
WeCook raises $40 million to fuel expansion of “ready-to-eat” meal service
Financing from Claridge fund focused on supporting Québec food processing firms.
Led by former Shopify executive, on-demand delivery service Trexity raises $5 million for Canadian expansion
Trexity helped pioneer a subscription delivery service for Kettleman’s Bagel.
Canadian human resources startup Humi secures $31 million Series B
HR execs from ADP and Gusto invested in Humi.
Gig economy banking app Moves raises $5 million in OMERS-led seed round
Moves wants to make the gig economy work for its workers.
Flying Fish Partners appoints Tiffany Linke-Boyko as principal for Canada, secures $7.5 million from AEC
“Given what we uncovered, it made sense to base our Canadian operations in Alberta.”
LimaCharlie closes $7 million CAD to allow companies to manage, develop cybersecurity strategies
Google, CSE alum-led startup sells “security-infrastructure-as-a-service.”