Amii secures $3 million from PrairiesCan to fuel AI adoption in the Prairies
Alberta AI hub aims to give SMBs tools and knowledge to leverage AI.
Funding
DIGITAL invests $10.5 million across four AI projects from healthtech startups
Projects from Swift Medical, RxPx, Gotcare, and AlayaCare carry a collective $26-million value.
Federal government invests $2.5 million in Co.Labs to maintain Uniting the Prairies
The funding will help stage the Uniting the Prairies conference for the next three years.
Conexus Venture Capital launches its second $30-million fund to back Saskatchewan tech startups
Conexus Credit Union reaffirms commitment to local VC with another $15-million.
Boeing backs Québec’s new aerospace innovation zone with $240 million CAD
Québec said Espace Aéro comes with $415 million in planned investment.
Paytm, PSP Investments alumni announce $5.25 million to build a super app for Canadian immigrants called Beacon
Beacon aims to become ‘the trusted brand for immigrants to Canada.’
CoLab raises $28.6-million CAD Series B to grow its team and incorporate AI
CoLab CEO Adam Keating said he expects to grow the team from 86 to 125 employees by the end of the year.
Blossom closes $2.1 million to grow its investing social network in the US
After abandoning its brokerage vision, Blossom plans to remain a social platform.
Bench and Shopify alumni announce $11 million CAD to build “the Stripe for accounting” with Teal
Vancouver-based Teal provides bookkeeping infrastructure to vertical SaaS companies.
Q1 Canadian VC funding posts mixed results as PE market rebounds, CVCA reports
Pre-seed, seed-stage VC funding declines as late-stage investment continues descent.
Gatik secures $41 million CAD from Isuzu Motors as pair expands partnership to build autonomous trucks
Japanese automaker and tech firm with Canadian ties gear up to deliver driverless trucking.
Relocalize closes $2.3 million to decarbonize the food supply chain with micro-factories
Starting with Florida, Relocalize aims to take its ice-making tech across the southern US.
ThinkLabs AI spins out of GE with $6.8 million CAD to simplify electrical grid management
Opus One founder aims to help modernize the grid with his latest cleantech startup.
Bōde secures new funding to streamline home sales with AI
Backed by Thin Air Labs, Calgary-based startup receives $4 million in equity and debt to scale platform.
Nfinite Nanotech closes $8.9 million CAD to nanocoat sustainable packaging
Nfinite says its ultra-thin barrier seals sustainable packaging while maintaining recyclability.