Gaiia closes $18-million CAD Series A as it looks to build the Shopify for ISPs
Startup targets challenger internet providers with all-in-one operating software.
Funding
IGM Technology joins Lead Edge Capital’s portfolio with strategic investment
The $5-billion growth equity firm counts Alibaba, Bumble, Uber, and more among its portfolio.
Fed invests $2.4 million into two Ontario accelerators
New investments into Spark Centre, Georgian Bay Business Accelerator expected to support over 600 entrepreneurs.
INOVAIT and federal government invest $10.7 million across seven image-guided therapy tech projects
Private contributions bring the collective project values up to $32 million.
Bitcoin miner Hut 8 to receive $150 million to provide AI computing power
Hut 8 shifted its headquarters from Toronto to Miami following a merger last year.
Former 7Geese leaders secure seed funding for new AI-powered performance management platform
Armed with $2.5 million CAD, Topicflow looks to double its team.
CoGuard received funding from OpenAI’s Cybersecurity Grant Program
Startup automates the identification of software misconfiguration to reduce the threat of cyberattacks.
Ottawa companies receive FedDev funding for AI, semiconductor, biotech work
FedDev invested nearly $20 million across nine Ottawa-based companies.
Propulso raises strategic funding to facilitate US expansion
Propulso says the funding has already allowed it to double its workforce.
PragmaClin, Willful, NovaResp among nearly 30 healthtech startups backed by new CABHI funding
Each startup is receiving between $150,000 to $500,000 based on company stage, needs, and evaluation processes.
BDC earmarks $250 million CAD to support underserved entrepreneurs
Commitment includes two $100-million CAD platforms to support Indigenous, Black-led businesses.
As Collision kicks off, four Canadian tech startups unveil new funding
Heylist, Vosyn, Pok Pok, and Ability Biologics have all raised fresh capital.
Raven Indigenous Outcomes Funds completes $20.4-million first close
New fund will invest in projects solving pressing challenges for Indigenous communities.
Chexy secures $4.1 million to improve its rent-to-rewards platform’s payments infrastructure
Chexy is looking to become a one-stop shop for tenants paying their monthly rent and expenses.
Waabi fuels up to launch fully driverless trucks in 2025 with $275-million CAD Series B
Uber and Khosla double down as Nvidia, Porsche, IKEA join Toronto AV startup’s cap table.