Hong Kong billionaire ups stake in Well Health Technologies with $81-million CAD private share purchase
After buying 18 million shares, Solina Chau now holds a 14 percent stake in Well.
Funding
NCC commits $22.8 million to 37 cybersecurity projects
Projects funded by National Cybersecurity Consortium to focus on commercialization, development, and training.
Bitcoin infrastructure unicorn Blockstream raises $289 million CAD to boost mining operations
Repeat investor Fulgur Ventures led the financing round, bringing the Bitcoin giant’s total funding to over $822 million…
Fable raises $25-million USD Series B round from Five Elms Capital to tackle accessibility in AI
Disruption Ventures gives up board seat to Five Elms after exiting its Fable position.
Ontario launches second phase of life sciences strategy to bolster research and funding
$146 million commitment to support new Life Sciences Scale-Up Fund, wet labs programs, and procurement.
Montréal-based Trustii raises $2.8 million CAD to boost employee risk management software
An all-Québec contingent of AQC Capital, Accelia Capital, and Boréal Ventures backed the seed round.
Flinks co-founders trade open banking for open utility with new startup Deck
Latest API endeavour garners $6.2 million CAD in funding from Golden, Luge, & Better Tomorrow Ventures.
Feds announce $4 million for Atlantic Canada tech startups through ACOA
Eight of the 10 startups are Nova Scotia-based, including Milk Moovement and UpBeing.
Moselle secures $2.1 million CAD to help brands manage their inventory with AI
Highline Beta spinout wants to tackle a $1.77-trillion problem faced by consumer brands.
atVenu secures $130 million USD to fuel expansion into new live events markets
Sole investor Sixth Street Growth also participated in Clio’s $1.24-billion CAD Series F round earlier this year.
Rivercity Innovations freshens up with $2 million CAD to further expand cold chain monitoring around the world
Round marks first major investment by StepChange, a growth capital firm targeting Western Canada.
Diagram Ventures beats target to close first ClimateTech Fund at $80 million
Sagard-backed firm will apply FinTech-honed venture builder model to cleantech.
Government-backed Montréal innovation hub Ax-C gets boost from private sector
Launching spring 2025, Ax-C has an additional $5.25 million CAD in support from Bell, Google, Desjardins, and FTQ.
Indiegraf to expand independent news solution after raising $2.9 million CAD
“Media business in a box” offering to expand across the United States and Latin America.
Flora Fertility closes $1.5 million CAD to bring individual fertility insurance across North America
Insurtech startup led by repeat founders plans to launch in the US next year, with Canada to follow.