Following recent merger, Startup Montréal announces program to spur late-stage growth
The Government of Québec has committed $6.5 million to the program.
Funding
Former Wattpad employees close $300,000 to build relationship improvement app Couply
Couply’s investors include Wattpad co-founder Ivan Yuen, Shopify employees.
Potential Motors closes $4 million CAD to improve off-road electric vehicle performance
The startup focuses on “the most overlooked space in electrification.”
Oncology innovators Canexia Health, Imagia merge, raise $20 million
Imagia CEO Geralyn Ochab will lead the combined companies.
Wyvern secures $4 million from SDTC to use satellite tech for farming
Wyvern previously raised $4.5 million in pre-seed, seed funding.
Gatineau-based Cilex granted $230,000 from federal government to enhance tech incubation services
Cilex will create new incubation, acceleration services for cybersecurity.
Hospitality platform 7shifts secures $101.6 million CAD to increase staffing, product development
Startup says it added more than 10,000 restaurants to its platform last year.
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.
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.