City of Toronto commits $250,000 to expansion of Black Innovation Fellowship
The Black Innovation Fellowship (BIF), a DMZ program designed to provide Black tech startup founders with more equitable entrepreneurial…
Funding
Vision Critical raises $26.7 million CAD in growth debt financing
Vision Critical, a customer experience management startup, has secured $26.7 million CAD ($20 million USD) in growth debt financing.…
Clutch raises $7 million CAD seed round to expand online used car retail platform
Online car retailer Clutch, which sells used vehicles in Toronto and Halifax, has raised $7 million CAD in a seed round led…
Opportunity Calgary Investment Fund invests collective $7.25 million in AltaML, Harvest Builders
The Opportunity Calgary Investment Fund (OCIF), backed by the City of Calgary, announced Wednesday that it has invested a collective…
FedDev Ontario invests $4 million in women-led small businesses through RRRF
The Government of Canada has invested $4 million to support over 700 women-led small to medium-sized businesses in southern…
Government invests $2.1 million to support Francophone businesses in Western Canada
The federal government is investing $2.1 million in four economic development organizations that support Francophone businesses…
Scale AI, partners invest $29 million into five artificial intelligence projects
Five projects have received $29 million in funding from Scale AI and a number of partner companies to support the implementation…
Amplitude holds second close of health fund, adds Nancy Harrison as venture partner
Amplitude Ventures, a Montréal-headquartered investment firm focused on the health and life sciences sectors, has received…
Quebec RDA grants over $3 million to 14 projects for young entrepreneurs
The Government of Canada has invested more than $3.1 million CAD in 14 organizations and businesses across Quebec in an effort…
Mednow.ca raises $6.5 million to connect Canadians with pharmacies virtually
Toronto-based Mednow.ca, a virtual care and pharmacy tech startup that launched earlier this year, has raised a $6.5 million…
Three Ottawa tech companies receive over $11 million from FedDev Ontario
Through FedDev Ontario, the Government of Canada has invested nearly $11.2 million CAD in a trio of Ottawa-based software firms:…
Calgary’s Orpyx raises $7.6 million Series A to commercialize, develop shoe-based diabetes tech
Orpyx Medical Technologies, whose smart remote monitoring tech helps prevent diabetic foot ulcers, has closed a $7.6 million…
Quantum startup Qoherent wins $100,000 investment prize at 10th-annual Startupfest
Startupfest has announced the winners of several pitch competitions and awards at its 10th-annual festival, which was held…
BDC commits $160 million to fund IP development in Canada
BDC Capital has committed $160 million in intellectual property (IP) development financing to support IP-rich companies scaling…
BuyBack Booth secures $5.2 million in seed funding to bring smartphone diagnostic robot to market
Montreal’s BuyBack Booth, which provides artificial intelligence-based (AI) mobile phone evaluations at point-of-trade,…