Four women-led startups receive a combined $135,000 at Uniting the Prairies 2024
A few non-Prairies companies were recognized at the Elevate Women+ finale at Uniting the Prairie.
Funding
Ginger Desk secures $1.5 million to power health and wellness front desks across North America with virtual assistants
After finding product-market fit, Ginger Desk aims to build the platform it needs to scale.
Maxa secures Series A funding led by Framework and BDC Capital
Maxa said the new funding will fuel product development, go-to-market, and customer self-serve capabilities.
BCV leads second round in Relay, as SMB-focused FinTech closes $44-million CAD Series B
Startup targets profitability and $100-million USD run rate by end of 2025.
Accelerate Fund III backs Care Group as it looks to expand mental healthcare platform into new markets
The startup is looking to expand across Canada and the United States starting later this year.
Amplitude Ventures closes $263 million for second precision medicine VC fund
Amplitude has already made four investments from Fund II.
Fading 2023 VC performance underscores Canadian tech’s “vulnerability,” BDC reports
Down rounds rose from seven percent in 2022 to 31 percent last year.
CIFAR, CABHI among recipients of more than $850 million in federal science and research funding
Two dozen third-party science and research organizations are being backed by the new Strategic Science Fund.
Artemis closes $2 million CAD to improve data quality for analytics and AI
Indigenous-led Vancouver startup aims to automate data cleanup with AI agents.
Xanadu’s Christian Weedbrook is raising another $200 million to build a quantum data centre
The CEO of Canada’s quantum unicorn is very optimistic about the country’s innovation potential.
Amii secures $3 million from PrairiesCan to fuel AI adoption in the Prairies
Alberta AI hub aims to give SMBs tools and knowledge to leverage AI.
DIGITAL invests $10.5 million across four AI projects from healthtech startups
Projects from Swift Medical, RxPx, Gotcare, and AlayaCare carry a collective $26-million value.
Federal government invests $2.5 million in Co.Labs to maintain Uniting the Prairies
The funding will help stage the Uniting the Prairies conference for the next three years.
Conexus Venture Capital launches its second $30-million fund to back Saskatchewan tech startups
Conexus Credit Union reaffirms commitment to local VC with another $15-million.
Boeing backs Québec’s new aerospace innovation zone with $240 million CAD
Québec said Espace Aéro comes with $415 million in planned investment.