Propulso raises strategic funding to facilitate US expansion
Propulso says the funding has already allowed it to double its workforce.
Funding
PragmaClin, Willful, NovaResp among nearly 30 healthtech startups backed by new CABHI funding
Each startup is receiving between $150,000 to $500,000 based on company stage, needs, and evaluation processes.
BDC earmarks $250 million CAD to support underserved entrepreneurs
Commitment includes two $100-million CAD platforms to support Indigenous, Black-led businesses.
As Collision kicks off, four Canadian tech startups unveil new funding
Heylist, Vosyn, Pok Pok, and Ability Biologics have all raised fresh capital.
Raven Indigenous Outcomes Funds completes $20.4-million first close
New fund will invest in projects solving pressing challenges for Indigenous communities.
Chexy secures $4.1 million to improve its rent-to-rewards platform’s payments infrastructure
Chexy is looking to become a one-stop shop for tenants paying their monthly rent and expenses.
Waabi fuels up to launch fully driverless trucks in 2025 with $275-million CAD Series B
Uber and Khosla double down as Nvidia, Porsche, IKEA join Toronto AV startup’s cap table.
DMZ Ventures launches new fund for early-stage startups
The fund will make up to 10 investments per year, ranging from $100,000 to $250,000 CAD.
Tax credit, grant financier Finalta Capital secures $31 million in funding
Lender aims to provide additional $100 million in tax credit and grant financing over the next two years.
Two Small Fish Ventures holds $41-million CAD final close for Fund III
Firm is tapping into its “superpowers” to spot early winners in frontier tech.
Led by former Solium CEO, CreditApp secures $2.7 million to commercialize auto lending software
Inovia-backed CreditApp aims to bring innovation to the auto-lending market.
Northleaf and Kensington both close their VCCI-backed funds
VCCI-backed funds-of-funds feature respective $370 million and $290 million war chests.
Zero Point Cryogenics secures $2.67 million to help cool quantum computers
The non-dilutive funding came from PrairiesCan and the City of Edmonton’s Edge Fund.
Legaltech startup Alexi looks to ramp up hires with $15 million CAD in new funding
Startup hopes to almost triple team size by the end of this year.
Kardium secures $143 million CAD to help bring irregular heartbeat treatment to market
The financing follows Kardium’s $158-million CAD round in 2021.