Opalia closes $2 million to make more milk with less moo
Startup develops milk from bovine mammary cells.
Funding
Yamaha Motors leads Joyride’s $7-million CAD Series A as startup sets sights on enterprises and OEMs
Joyride partnered with EV manufacturer GEM in October.
US-based Fortinet to open new cybersecurity tech hub in Calgary
The hub looks to address the cybersecurity skills shortage.
Ontraccr secures $1.2 million for construction management software
Ontraccr’s platform digitizes operational workflows in the construction industry.
Virtual mental health platform Cognito raises $2 million in seed funding
Cognito plans to expand its mental health services across Canada this year.
Contractor management platform PayShepherd closes $7 million CAD as product, market expansion continues
Inovia Capital-led round aimed at cementing firm’s presence in the United States and Canada.
Tenstorrent founder reveals new AI chip startup Taalas with $50 million in funding
Startup says one of its chips can hold an entire large AI model without requiring external memory.
Synctera secures $18.6-million Series A extension, launches new payments integration
Synctera launched its embedded banking platform for Canada in December 2023.
Myomar Molecular closes $1.1 million to bring its muscle monitoring device to market
Healthtech startup recently won $50,000 from the Firehood Angel Camp at SAAS NORTH.
Bench IQ raises $2.8 million CAD in pre-seed funding with buy-in from Maple VC, Haystack
The minds behind Ross Intelligence are back.
Midjourney competitor Ideogram closes $80-million USD Series A as it launches latest text-to-image model
The fundraise comes just six months after its $22.3-million seed round.
Canadian-founded Power closes $16.3-million CAD Series A to connect patients with clinical trials
Power claims over 600,000 patients used Power to discover clinical trials last year.
EdTech startup Tokidos secures $1.35 million CAD for screenless gaming console
Tokidos says it has more than $115,000 in pre-orders for its September launch.
Helcim closes $27 million CAD to bring payment stack to underserved SMBs
Startup’s full-stack payment offering puts it up against FinTech giants like Stripe.
Helius raises $12.8 million CAD to help devs build blockchain apps on Solana
The Web3 startup was founded by former Coinbase and AWS software engineers.