Nesto raises $11.5 million Series A round as it looks to “simplify” the mortgage industry
Nesto, a startup focused on simplifying the mortgage financing experience, raised $11.5 million CAD in Series A financing.…
Funding
Poka closes $6.4 million CAD for connected factory worker platform
Poka, a Quebec City-based startup that has developed a “connected workforce” app, has closed $6.4 million CAD. The round…
Montreal’s Vention raises $38 million CAD Series B
Vention, a manufacturing automation tech startup, has raised $38 million CAD in Series B financing. The round was led by Georgian…
Ritual reportedly raises $29.8 million CAD following COVID-19 layoffs
Toronto-based food ordering and mobile pickup startup Ritual has reportedly raised $29.8 million CAD ($22 million USD) from…
Sonic Incytes raises $3.5 million seed round to commercialize liver health assessment device
Sonic Incytes, a medical device startup based in Vancouver, has raised a $3.5 million CAD seed round. This startup’s funding…
Tugboat Logic closes $10.8 million CAD led by Inovia Capital
Tugboat Logic, which provides automated tech for the security assurance market, has raised a $10.8 million CAD ($8 million…
Spiderwort closes $3.4 million CAD in seed financing
Spiderwort, an Ottawa-based healthtech and biomaterials startup, has raised a seed round of funding at $3.4 million CAD ($2.5…
Material science company Trusscore raises $5.33 million seed round
Trusscore, a material science company that combines sustainable materials and nanotechnology, has raised a $5.33 million CAD…
Clearpath Robotics raises $40 million CAD Series C for industrial robot division
Waterloo-based Clearpath Robotics has raised a $40 million CAD ($29 million USD) Series C round. The capital will be used to…
Scale AI invests $10 million to create ten AI university chairs across Canada
Québec-based artificial intelligence (AI) supercluster Scale AI is investing $10 million to support the creation of at least…
BehrTech receives $3 million grant to build industrial IoT lab in Toronto
Toronto-based BehrTech, a startup that develops wireless connectivity products for the Internet of Things (IoT), has received…
Atlantic Women’s Venture Fund launches inaugural fund, Danielle Graham joins as investment principal
The Atlantic Women’s Venture Fund (AWVF) has officially launched its inaugural fund as the group looks to address, head-on,…
Toronto ShopHERE initiative goes national with $1 million investment from Google Canada
Google Canada is committing $1 million to ShopHERE to help expand the Digital Main Street program across Canada. Google Canada’s…
Phelix.ai raises $1 million seed round led by Well Health Technologies
Toronto-based Phelix.ai, a startup that develops automation tools for the health sector, has raised a $1 million seed round.…
AbCellera secures $144 million CAD Series B funding round
Vancouver-based AbCellera has closed a $144 million CAD ($105 million USD) Series B funding round to help further advance its…