Sound Blade closes $23.8-million Series A for ultrasound tech targeting liver tumours
Halifax-based startup says tech selectively destroys tumour tissue in non-invasive procedure.
Funding
VueReal secures $58.4-million CAD Series C to boost its semiconductor production
Existing backers double down on Kitchener-Waterloo microprinting tech startup.
Canadian-led Nue raises $28.8-million Series A round led by Inovia
San Francisco-based revenue management platform plans to expand globally.
OneVest closes $29-million CAD Series B led by Salesforce Ventures to fuel US expansion
FinTech startup aims to hire 100 employees over the next year.
Conexus Venture Capital makes first Fund II investment into parking software startup Offstreet
Regina-based company closes $2.4-million second seed round amid tough provincial fundraising environment.
Federal, Ontario governments contribute to Linamar’s $1-billion EV manufacturing investment
ISED commits up to $169.4 million through Strategic Innovation Fund as Trump tariffs loom.
Canadian-founded Clay achieves unicorn status with $57.5-million raise
Customer research AI startup CEO claims its 6x growth in 2024 prompted existing investors to “double down.”
Optable raises $28.8 million to grow data management solution in United States
Funding for the adtech venture led by Telus Global Ventures with participation from many returning investors.
Wound care device maker MolecuLight secures $39.5 million CAD from UK-based Hayfin
Toronto-based company says funding will support new thermal imaging, 3D visualization features.
AstraZeneca to invest $820-million CAD in Ontario facilities expansion
Invest Ontario providing $16.1-million CAD grant to support life sciences sector growth.
QueerTech launches new 2SLGBTQIA+ accelerator and names Virtual Gurus’ Bobbie Racette board chair
The program launch follows QueerTech’s acquisition of Gradient Spaces last year.
Basetwo closes $16.5-million CAD Series A round to optimize manufacturing with AI copilots
Company claims AI model armed with physics, chemistry expertise can cut inefficiencies in mass production.
Private equity firm Novacap raises more than $1-billion USD for first digital infrastructure fund
Novacap CEO says digital infrastructure will remain in high demand due to growth of AI.
Canadian quantum commercialization and research projects get federal funding boost
Three commercialization projects get $4.7 million from DIGITAL, NSERC grants $74 million to 107 research projects.