Meal kit delivery service Fresh Prep raises $3.3 million
Vancouver-based meal kit delivery service Fresh Prep has closed its first round of financing, raising $3.3 million through…
Funding
ACOA investing $280,500 to help Atlantic Canada companies expand in Massachusetts
The Atlantic Canada Opportunities Agency is investing $280,500 in Nova Scotia Business Inc.’s Scaleup Hub Cambridge program,…
Three 3D development startups get funding from Innovative Solutions Canada
In December 2017, as part of the Innovative Solutions Canada (ISC) challenge program, the National Research Council of Canada…
Ribitt raises $600,000 to help independent retailers offer rewards programs
Toronto-based Ribitt has raised $600,000 in seed round funding from an undisclosed group of angel investors. Ribitt’s…
Prime Minister announces $230 million for Scale AI supercluster
During Montreal’s G7 conference on artificial intelligence, Canadian Prime Minister Justin Trudeau officially announced…
Element AI receives $5 million loan from Canadian government
The Canadian government is providing funding to six Montreal AI companies, including $5 million in a repayable contribution…
Six early-stage Atlantic Canadian startups join Volta Cohort
Six Atlantic Canadian technology startups were selected to each receive a $25,000 investment from Volta Cohort, a micro-fund…
Cambridge-based BIOS raises $6 million, opens Montreal office
Neural engineering startup BIOS has raised $6 million CAD ($4.5 million USD) with a mix of investors from the UK, Canada, and…
SnapTravel raises $28 million CAD Series A from Steph Curry, Telstra Ventures
Toronto-based SnapTravel has raised $28 million CAD ($21 million USD), adding $17 million CAD ($13.2 million USD) in new investments…
Chainvu raises $2.6 million CAD to help the logistics industry track shipments in real-time
Mississauga-based Chainvu, which targets the logistics industry with continuous, live monitoring of location, integrity, safety,…
Canadian government launches regional economic development program
The Canadian government has announced the launch of the Regional Economic Growth Through Innovation (REGI) program, which will…
HYAS receives $2 million in venture debt from Silicon Valley Bank
Infosec and cybersecurity company HYAS has announced that it has entered into a debt financing agreement with Silicon Valley…
Vendasta receives $3.3 million from Western Innovation Initiative
Through the Western Innovation (WINN) Initiative, the Canadian government has invested over $3.3 million in Vendasta Technologies…
Canadian government invests $2.5 million in University of Alberta AI-supercomputing hub
The Government of Canada has announced $2.5 million in funding for the University of Alberta to establish an artificial intelligence-supercomputing…
La Caisse invests $200 million in Montreal’s Plusgrade
Caisse de dépôt et placement du Québec (la Caisse) is taking an equity interest totalling $200 million in Plusgrade, a provider…