Quebec’s budget looks to fuel digital transformation, overlooks skills gap
Quebec Finance Minister, Eric Girard, delivered the 2019-2020 provincial budget at the National Assembly on Thursday, marking…
Funding
OMERS Ventures expands to Europe with sole-sourced €300 million fund
OMERS Ventures has made good on its promise to expand to Europe, announcing today a €300 million ($455 million CAD) dedicated…
BC-based Carbon Engineering secures $90 million CAD to address climate change
Carbon Engineering, a cleantech company in Squamish, BC, has closed an equity financing round of $90 million CAD, which it…
#Budget2019 makes Global Talent Stream permanent, provides no national data strategy
The Canadian government has tabled its #Budget2019. This government’s previous budgets have featured significant investments…
CDPQ expands AI offering with $250 million fund, new collaboration with Mila
Caisse de dépôt et placement du Québec (CDPQ) has announced the creation of a $250 million fund for Québec businesses with…
Construction software company Bridgit raises $6.2 million CAD Series A
Kitchener-based Bridgit, which offers a project management platform for construction businesses, has raised $6.2 million CAD…
Fonds de solidarité FTQ makes $1 billion annual investment commitment
Montreal-based VC Fonds de solidarité FTQ has announced it will invest $1 billion CAD a year, over three years, to support…
Montreal-based AEPONYX closes $7.9 million CAD Series A
AEPONYX, a Montreal-based micro-optical switch provider, has closed a Series A financing of $7.9 million CAD, led by Pangaea…
St. John’s-based Genesis announces $775,000 micro fund for early-stage companies
The Genesis Centre has announced the launch of its $775,000 Genesis Micro Fund, to provide grants of up to $20,000 to approximately…
Emissions Reduction Alberta announces $100 million for cleantech projects
The Emissions Reduction Alberta (ERA) has announced 16 projects that will receive $100 million CAD in funding through its BEST…
Kelowna tech company receives $595,000 to develop sailing safety app
The Government of Canada is making an investment of $595,000 in LRC Consulting Solutions, a technology company from Kelowna,…
NXM Labs invests in Ryerson University’s cybersecurity research lab
Ryerson University’s Cybersecurity Research Lab (CRL) has secured funding from NXM Labs, a security and data integrity…
OrbCare secures $2 million seed funding for healthtech software
OrbCare, a healthtech company based in Toronto, has announced the close of its seed funding round, raising $2 million in equity…
Fredericton-based Eigen Innovations receives $800,000 government funding
Eigen Innovations, an AI-based IoT software company, has received $800,000 in funding from the federal government’s Atlantic…
CryptoNumerics raises $3.3 million CAD seed funding for data analytics, privacy software
A new Toronto-based enterprise software company, CryptoNumerics, announced today that it has raised a $3.3 million CAD seed…