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…
Funding
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…
Cinchy secures $10 million, looks to expand data network into healthcare amid COVID-19
Toronto-based startup Cinchy has closed a $10 million CAD Series A funding round as it looks to help financial and healthcare…
Facebook Canada offering $3.5 million to support 650 Canadian small businesses
Facebook Canada is offering $3.5 million in grants, virtual training programs, and product features aimed to support Canadian…
Two Northern Ontario teams selected to receive funding from Vale COVID-19 Challenge
Two Canadian solutions are among the eleven winners of the Vale COVID-19 Challenge, a competition collectively offering up…