Today in government funding: Quebec, cleantech, healthtech
Today in government funding, three organizations in Quebec received $415,000, a Burlington-based healthtech company received…
Funding
Interface Fluidics raises $6 million Series A for “disruptive” oil recovery tech
Calgary-based oil field laboratory services company Interface Fluidics has announced it has raised a Series A round of $6 million…
Smart cities consortium, UofT, Palette Skills among orgs receiving millions in government funding
On Tuesday, the Government of Canada announced an investment of up to $11.1 million in order to develop a “made-in-Canada”…
Government announces slew of women entrepreneurship investments ahead of election
As election season creeps closer, the federal government has made several announcements this week for investments in women-led…
Ecopia Tech, Routific, GHGSat among cleantech startups receiving SDTC funding
This week, Navdeep Bains, minister of innovation, science, and economic development, highlighted how 18 Canadian companies…
Sampler receives $1 million from CIBC Innovation Banking
CIBC Innovation Banking has provided $1 million in debt financing to Toronto-based Sampler. Sampler works with consumer packaged…
Praemo raises $3.5 million to develop industrial IoT platform
Kitchener-based Praemo, which uses industrial IoT data to provide insights to enterprises, has raised a $3.5 million Series…
Drop closes $58 million CAD Series B with eyes on accelerated growth, going public
Mobile rewards startup Drop has closed a $58 million CAD ($44 million USD) Series B to help accelerate its growth and allow…
SomaDetect among Atlantic Canada women-led startups receiving funding through WES
On Monday, the federal government revealed a number of Atlantic Canada women-led companies that are receiving funding through…
Global emission monitoring startup receives $3.3 million to monitor oil and gas in BC
Montreal-based GHGSat, which builds global emissions monitoring solutions, has received $3.3 million from Sustainable Development…
New Brunswick-based money saving app Quber raises $450,000
Moncton-based Quber, an app that aims to help users save money through fun games, has closed $450,000 in total funding. Of…
Innovation Guelph receives $1.9 million federal investment for women entrepreneurship
Innovation Guelph, which supports local entrepreneurs through funding and programming, has received $1,879,983 from the federal…
NexTech AR closes $1,161,780 to expand AR entertainment studio
NexTech AR, which develops an augmented reality (AR) advertising platform, has closed $1,161,780 in a private placement. Private…
MolecuLight receives $7.5 million USD loan from Oxford Finance
Toronto-based MolecuLight, which develops fluorescence-guided imaging for visualizing bacteria of chronic wounds, has received…
Nudge Rewards raises $12 million CAD
Nudge Rewards, the Toronto-based company offering a way for employers to engage and reward their frontline managers and staff,…