Atomwise raises $163 million CAD Series B
Atomwise, which operates an artificial intelligence (AI)-based drug discovery platform, has raised $163 million CAD ($123 million…
Funding
Following pivot and pandemic-fuelled growth, Zoom.ai raises $600,000 in funding
Meeting scheduling software platform Zoom.ai has secured $600,000 CAD in a combination of equity and debt financing. The startup…
Cleantech startup Flyscan Systems secures $5.7 million CAD in venture funding
Flyscan Systems, a cleantech startup based in Québec City, has closed a $5.7 million CAD ($4.3 million USD) financing round.…
EnergyX raises $1 million from BDC Capital to fuel US expansion
Toronto-based cleantech startup EnergyX Solutions, which produces software to help businesses and consumers improve energy…
Federal government commits additional $41 million in COVID-19 support to Indigenous businesses
The federal government has committed approximately $41 million in additional COVID-19 support to 73 Indigenous-owned businesses…
Today in funding: Dapper Labs, FleetOps, Plurilock, Fortai
Four Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how much,…
Amii among three orgs receiving $10 million from Alberta government for cleantech projects
The Alberta Machine Intelligence Institute (Amii) is among three organizations receiving a cumulative $10 million investment…
Digital Technology Supercluster invests $30 million in 17 projects through COVID-19 program
The British Columbia-based Digital Technology Supercluster has announced a cumulative investment of approximately $30 million…
Platterz raises $43.8 million CAD Series B, rebrands to Thriver as company pivots post-pandemic
Toronto-based corporate catering startup Platterz has rebranded to Thriver following a $43.8 million CAD ($33 million USD)…
Federal government commits $78 million to new COVID-19 vaccine trials and research
The federal government announced several funding commitments earlier today to support COVID-19 vaccine development. The funding…
Clean Works Medical, Pure Life Machinery receive $2 million from Ontario’s COVID-19 fund to sanitize PPE
Beamsville, Ontario-based Clean Works Medical and Pure Life Machinery have received a $2 million investment from the province…
Today in funding: Medzy, Rapid Novor, Byta, VodaSafe
Four Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how much,…
OSC introduces interim order to help facilitate startup securities crowdfunding
The Ontario Securities Commission (OSC) has introduced an interim local order that adopts a startup crowdfunding “regime”…
BC RDA invests nearly $3 million in Innovate BC to help tech entrepreneurs recover from COVID-19
The Government of Canada has invested $2.95 million CAD in Innovate BC for two programs to help British Columbia (BC) tech…
FedDev Ontario invests $30 million in eight Waterloo Region companies
The Government of Canada has invested nearly $30 million CAD in eight Waterloo Region-based manufacturing, medtech, and information…