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.
Funding
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.
Contango Digital Assets closes $5 million for “Blockchain x AI” seed fund
Backed by WonderFi CEO Dean Skurka, the fund seeks to support projects using both blockchain and AI.
DMZ receives $500,000 grant to expand Basecamp program for student entrepreneurs
To date, Basecamp has helped over 365 students launch 151 startups.
Eocycle Technologies secures $25 million CAD to expand wind turbines in US, Europe
Cleantech firm plans to use government incentives in target markets to accelerate expansion.
What’s in #Budget2024 for Canadian tech?
All eyes in Canadian tech are on AI, open banking, cleantech, and… taxes?
Shein’s Canadian delivery partner UniUni secures nearly $70 million CAD
The last-mile service secured just over $45 million CAD in Series B funding last year.
Vidyard rolls out AI avatars after securing funding from EDC and existing backers
With AI Avatars, Vidyard aims to facilitate “personalized video communications at scale.”
Electronics startup SmartD Technologies powers up with $14.2-million Series A
Startup looks to reinvent motor control with Clean Power VFD.
CleanBC program investigation prompts fear of provincial startup fallout from cleantech and grant experts
“The first people that lose out are the companies [that] the program was set up for.”
Harvest Ventures, New York-based IA Capital back Summit’s $3.5-million seed round
Digital insurance broker offers range of products, including to other FinTech firms.
Government software provider Clariti Cloud secures $24.6 million CAD from Vistara Growth
Clariti’s co-CEO is seeing increased demand for digital government services.
IPON invests $4.6 million to build IP capacity at post-secondary institutions
IPON has made $6.6 million in investments in the last year.
Define Capital closes $20 million to acquire and nurture profitable niche software companies
New Toronto private equity fund aims to follow in Constellation’s footsteps.