Lab4 and Xena Intelligence claim top pitch competition prizes at SAAS NORTH
SheBoot and PitchFest handed out a total of $310,000 at the conference.
Funding
Clio secures $500-million USD Series G as it completes vLex acquisition
BC legaltech firm nabs $5-billion valuation plus $350 million in debt to help close deal.
FrontlineIQ raises $3.3-million seed to “gamify” sales jobs with AI coaching
Platform aims to take “ickiness” out of performance feedback by having an AI assistant do it instead.
Flare raises another $30 million USD to fuel global cybersecurity expansion and acquisition plans
Montréal software company aims to help organizations spot and mitigate online threats.
#Budget2025 hints at full scope of federal government’s defence agenda
Budget 2025’s $80 billion earmark establishes defence as a cornerstone of federal tech commitments.
Beacon raises $250-million USD Series B to buy and equip “Main Street businesses” with AI
Former Instacart, Sequoia leaders target profitable firms in overlooked sectors for AI upgrades.
Canadarm maker invests $10 million in Maritime Launch’s Atlantic Canada spaceport
MDA Space will support development and future operations of Spaceport Nova Scotia.
Gander Social raises $1 million to build a Canadian alternative to X and Meta
More than 1,300 investors backed sovereign social media platform in just over a week.
Xanadu to go public on Nasdaq and TSX in $3.6-billion USD SPAC deal
Transaction expected to raise up to $500 million USD.
Black-led startups secure record-breaking $400,000 at DMZ’s Black Innovation Summit
OutreachGenius, Happly.AI among winners taking home more money than ever before.
Maritime Launch gets $10-million loan from EDC to build Nova Scotia spaceport
Spaceport Nova Scotia is developing the required infrastructure for future orbital missions.
Sparrow BioAcoustics raises $10 million to scale smartphone stethoscopes across North America
Healthtech startup’s app turns smartphones into a Health Canada-approved stethoscope.
Maket secures $3.4 million to make floor planning quicker with AI
AI-powered architecture platform is preparing to launch its 2.0 version next year.
Maple Bridge Ventures raises $10 million for fund backing immigrant entrepreneurs
Fund will support immigrants building early-stage AgTech, food tech, and healthtech startups.
Wealthsimple hits $10-billion valuation in new round backed by Dragoneer, GIC, CPP Investments
Up to $750-million Series E includes $550-million primary and $200-million secondary offerings.