Technation gets $32 million to support businesses during pandemic through work placement program
Canadian technology industry association Technation has received $32 million in funding from the federal government. The funding…
Funding
Federal government announces $5 million for three Québec innovation orgs
On Thursday, Minister of Economic Development Mélanie Joly announced funding of close to $5 million for three Québec innovation…
Digital Technology Supercluster makes $10 million investment, rounding out $60 million COVID-19 program
The Digital Technology Supercluster has made $10.7 million in follow-on investments to five projects under its COVID-19 stream,…
CDPQ launches $250 million diversity-focused fund
Caisse de dépôt et placement du Québec (CDPQ) has launched a new $250 million fund aimed at increasing diversity and inclusion…
Federal government invests $12 million to support small businesses through COVID-19 relief fund
The federal government is investing $12 million into the Canada United Small Business Relief Fund to help small businesses…
NACO receives $710,000 from feds to increase presence in Western, Atlantic Canada
The National Angel Capital Organization (NACO) has received $710,000 from the federal government as it is working to increase…
Food robotics startup YPC Technologies raises $1.8 million seed round
Montreal-based YPC Technologies, a food robotics company with the goal of making good food more accessible, has closed a $1.8…
Alberta Enterprise Corporation invests additional $5 million in Accelerate Fund III
The Alberta Enterprise Corporation (AEC) has made an additional investment of $5 million into its third early-stage angel co-investment…
Amid EdTech boom, Knowledgehook raises $20 million Series A
Kitchener-Waterloo-based Knowledgehook, which has developed an artificial intelligence-based EdTech platform aimed to improve…
Canadian organizations receive $15 million through federal government’s anti-racism program
Eighty-five Canadian businesses and organizations are receiving a cumulative $15 million from the federal government through…
Government invests $20 million in Terrestrial Energy as step towards net-zero greenhouse emissions by 2050
Oakville-based nuclear tech company Terrestrial Energy has received a $20 million commitment from the federal government to…
Chronometriq rebrands to Pomelo Health, raises $5 million in debt financing
Montréal-based Chronometriq, which offers a platform to help health professionals book appointments and manage patients, has…
Wealthsimple announces $114 million investment led by TCV, claims $1.4 billion valuation
Toronto-based FinTech startup Wealthsimple has raised $114 million CAD in equity financing. Following the raise, Wealthsimple…
Invest Ottawa receives $17 million to expand autonomous vehicle test facility
Economic development agency Invest Ottawa is expanding its autonomous vehicle test facility, Ottawa L5, and rebranding the…
Praemo raises $4.5 million CAD in Series A follow-on financing
Kitchener-Waterloo-based Praemo, which uses industrial IoT data to provide insights to enterprises, has raised $4.5 million…