Monadical launches Developer Capital to fund early-stage AI startups with help from its team of software devs
Montréal investment corp. has closed $2.5 million CAD, backing Unified.to and Rithmik.
Funding
MarineLabs looks to bring safety to oceans following $4.5-million seed round
Startup offers hardware and software that provides real-time wind, wave, and weather data.
DevOps platform Codezero raises $3.5-million seed round
The platform is backed by GitHub CEO Thomas Dohmke.
Music collaboration startup BeatConnect raises $2.25 million CAD
Platform led by CBC alumni reached over 70,000 users in 2023.
Biotech startup Noa Therapeutics raises $2.2 million in pre-seed funding
Pre-clinical startup discovers drugs that treat inflammatory diseases.
Ex-BDC partner aims to back early-stage “AI frontier” startups with Defined Capital
Fund has closed over a third of $15-million USD target from LPs like Inovia, Band, and BC tech entrepreneurs.
Alberta earmarks $55 million to build tech, science hub at the University of Calgary
The hub will include incubator space for researchers to collaborate with industry partners.
Opalia closes $2 million to make more milk with less moo
Startup develops milk from bovine mammary cells.
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.