Praemo raises $3.5 million to develop industrial IoT platform
Kitchener-based Praemo, which uses industrial IoT data to provide insights to enterprises, has raised a $3.5 million Series…
Funding
Drop closes $58 million CAD Series B with eyes on accelerated growth, going public
Mobile rewards startup Drop has closed a $58 million CAD ($44 million USD) Series B to help accelerate its growth and allow…
SomaDetect among Atlantic Canada women-led startups receiving funding through WES
On Monday, the federal government revealed a number of Atlantic Canada women-led companies that are receiving funding through…
Global emission monitoring startup receives $3.3 million to monitor oil and gas in BC
Montreal-based GHGSat, which builds global emissions monitoring solutions, has received $3.3 million from Sustainable Development…
New Brunswick-based money saving app Quber raises $450,000
Moncton-based Quber, an app that aims to help users save money through fun games, has closed $450,000 in total funding. Of…
Innovation Guelph receives $1.9 million federal investment for women entrepreneurship
Innovation Guelph, which supports local entrepreneurs through funding and programming, has received $1,879,983 from the federal…
NexTech AR closes $1,161,780 to expand AR entertainment studio
NexTech AR, which develops an augmented reality (AR) advertising platform, has closed $1,161,780 in a private placement. Private…
MolecuLight receives $7.5 million USD loan from Oxford Finance
Toronto-based MolecuLight, which develops fluorescence-guided imaging for visualizing bacteria of chronic wounds, has received…
Nudge Rewards raises $12 million CAD
Nudge Rewards, the Toronto-based company offering a way for employers to engage and reward their frontline managers and staff,…
Toronto-based proptech Properly raises $22 million Series A
Properly, a Toronto-based proptech startup, has closed a $22 million Series A financing round, consisting of $12 million in…
Federal government invests $39 million through Western Canada scaleup initiative
Seventeen BC-based projects are receiving a cumulative $39 million from the federal government through Western Economic Diversification…
SomaDetect closes $2.6 million CAD seed round for dairy farming sensor technology
Fredericton-based SomaDetect, which has developed a sensor that helps farmers measure milk quality, has completed a $2.6 million…
Curv Health raises $1.5 million seed round for AI-powered insights platform
Toronto-based Curv Health, a healthtech startup whose platform allows users to extract physical health and performance metrics…
Hardbacon raises over $680,000 from FrontFundr campaign
Hardbacon, a Montreal-based FinTech startup, has raised an seed round of over $680,884 through FrontFundr‘s crowdfunding…
Universal mCloud receives $13 million loan following acquisition of Autopro Automation
Universal mCloud, a company offering asset management solutions that use IoT, cloud computing, artificial intelligence, and…