Ayrton Energy raises $9.1 million CAD in bid to expand clean hydrogen solution in the US
Round was co-led by Clean Energy Ventures and BDC Capital.
Funding
With Nmbr, former Humi execs want to power embedded payroll products across Canada
Startup is backed with $7.6 million CAD from Panache, Luge, Golden, and Motivate.
Pangaea Ventures closes $115-million CAD impact fund to back sustainability-focused hardtech solutions
Half of Pangaea’s fifth and largest fund has been allocated to date.
Rebelstork secures $24.45 million CAD Series A to bolster tech and operations
All-equity round saw participation from Serena Williams’ and Jay Z’s venture funds.
Teralys Capital says it “should” hit $570-million fund-of-funds target by end of year
Montréal-based Teralys confirmed $475 million raised to date, making it the largest VCCI-backed fund.
Motion closes $30-million USD Series B in bid to become “command centre for creative strategists”
Inovia-backed startup’s software enables creative strategists to turn data into ad ideas.
Nomic Bio secures $42 million Series B to expand startup’s protein mapping platform
Montréal-based Nomic Bio claims technology now in use by more than 75 companies.
Mosaic to scale homegrown 3D printing infrastructure with $28 million CAD of equity growth funding
CEO says recent nearshoring push has been a boon for the 3D printing manufacturer.
Federal government’s massive $2 billion CAD loan to Telesat sparks Elon Musk debate between ministers
Elon Musk claims Starlink can provide similar internet services at half the cost. Minister Champagne disagrees.
Two years after pivot to international financial management, Loop has processed over $1 billion in payments
Returning investors Mistral Ventures and Graphite Ventures among group behind $6.4-million CAD seed extension.
Exclusive: ApplyBoard secures $100-million CAD credit facility to fuel global expansion
With Canadian student visas projected to drop, ApplyBoard targets Europe and Asia.
PathPresenter to establish subsidiary in Waterloo Region following Series A round
Canadian-led AI pathology startup believes a physical presence in Canada will drive its push into the local market.
Armed with $2 million CAD, SecondShop launches B2C ‘re-commerce’ platform to change how Canadians buy
Harvest Venture Partners believes its studio’s fastest-growing venture has a first mover advantage.
Coveo snags SIF investment as AI project funding flows during ALL IN 2024
Oceans Supercluster also doled out $4.5 million and Scale AI teased a call for projects.
Ecomtent closes $1.15 million CAD in pre-seed funding for its AI-powered content generator
Startup led by ex-Amazon exec and AI scholar wants to help retailers sell in the AI era.