Canadian-founded, New York-based AI startup Clay closes $63-million CAD Series B
Launched by McGill grads, Clay aims to help automate sales.
Funding
Eric Sprott-backed Argo Digital Gold secures strategic investment from WonderFi, Paxos
Funded by industry leaders, Argo aims to offer “seamless crypto-to-gold trading.”
Raven Connected intends to grow workforce by 25 percent with Series A funding led by Telus Global Ventures
Connected car startup uses machine vision to track and analyze company vehicles and drivers.
Former Team Canada support staff secure $1.3 million to deliver Olympic-level corporate team building
Innerlogic seeks to speed up the path to better workplace culture with AI.
Following pivot to enterprise SaaS model, Haloo closes $4.7 million CAD
Startup has made key hires as it looks to scale from hundreds of SaaS customers to tens of thousands.
Healwell AI invests $2.7 million CAD into Elon Musk’s xAI to tap into company’s expertise, resources
Healwell CEO touts access to xAI’s closed developer program as big potential benefit.
e-Zinc powers up with $42 million CAD to validate energy storage solution in the field
With beefed-up leadership team, CEO feels Chris Hadfield-backed e-Zinc is ready for pilot production.
Gaiia closes $18-million CAD Series A as it looks to build the Shopify for ISPs
Startup targets challenger internet providers with all-in-one operating software.
IGM Technology joins Lead Edge Capital’s portfolio with strategic investment
The $5-billion growth equity firm counts Alibaba, Bumble, Uber, and more among its portfolio.
Fed invests $2.4 million into two Ontario accelerators
New investments into Spark Centre, Georgian Bay Business Accelerator expected to support over 600 entrepreneurs.
INOVAIT and federal government invest $10.7 million across seven image-guided therapy tech projects
Private contributions bring the collective project values up to $32 million.
Bitcoin miner Hut 8 to receive $150 million to provide AI computing power
Hut 8 shifted its headquarters from Toronto to Miami following a merger last year.
Former 7Geese leaders secure seed funding for new AI-powered performance management platform
Armed with $2.5 million CAD, Topicflow looks to double its team.
CoGuard received funding from OpenAI’s Cybersecurity Grant Program
Startup automates the identification of software misconfiguration to reduce the threat of cyberattacks.
Ottawa companies receive FedDev funding for AI, semiconductor, biotech work
FedDev invested nearly $20 million across nine Ottawa-based companies.