Baseline closes $2.2 million CAD to help private lenders manage their businesses
Lender-turned-software-startup targets growing private lending market.
Funding
The Growcer raises $3 million Series A backed by former Farm Boy Co-CEO Jeff York
Growcer develops vertical farms in modular containers to help combat food insecurity in challenging climates.
Maia Farms secures $2.3 million as it looks to turn mushrooms into meat alternatives
Startup recently won a space food challenge hosted by NASA and the Canadian Space Agency.
ACOA grants Springboard Atlantic $9.8 million to aid research commercialization
Springboard’s 19 member institutions contributed an additional $5.2 million to the organization.
Applications open for Innovate BC’s Ignite program to fund local R&D projects
Grants of up to $300,000 are available to BC initiatives in cleantech, energy, mining, agriculture.
Potential Motors secures $2 million to commercialize terrain-perception software for off-road vehicles
After years of R&D, Potential says it is ready to take its core tech to market.
AlterBiota closes $4-million seed round in mission to decarbonize concrete
Invest Nova Scotia, BDC-backed AlterBiota has developed a sustainable concrete additive.
Netskrt Systems secures $10 million CAD in Series A financing to improve streaming speeds in “underserved” communities
Yaletown Partners and InBC Investment Corp were among investors in the content-delivery network startup.
Save da Sea closes seed financing, becomes the first investment of BDC’s Thrive Lab
Startup is serving up plant-based alternatives to seafood.
Hydrogen power projects receive $57 million in funding from Alberta government
Alberta government wants to make the province the “hydrogen capital of Canada.”
Galatea secures $2.7 million to help oil and gas companies tackle waste disposal
Amid shifting environmental and regulatory landscape, Calgary firm eyes US expansion.
Qohash secures $17.4 million in Series B funding for data security platform
Platform finds, inventories, and continuously monitors organizations’ sensitive data.
Forcen closes $8.35 million in funding to develop its touch-tech for robots
The round was co-led by Brightspark Ventures and BDC Capital’s Deep Tech Venture Fund.
AI and Web3 startup Inference Labs secures $2.3 million in pre-seed funding
Startup wants to create an open-source AI inference market.
Swtch Energy secures $27.2 million USD to continue deployment of EV chargers for multi-unit buildings
Round leader Blue Earth Capital said Swtch’s focus is a market opportunity to grow the clean energy economy.