Healthtech Connex snags $3.7 million from PacifiCan to help measure brain health
Surrey, BC life sciences firm plans to expand sales in North America, Australia, Europe, and New Zealand.
Funding
Toronto and Ottawa area companies receive $32 million in AI-focused FedDev funding
Ada, Mission Control, and Loop Financial among supported companies.
Winnipeg tech hubs merge to revitalize Manitoba’s startup ecosystem
New organization Manitoba Innovates to offer funding program for early-stage startups.
New Turing Award winner Richard Sutton calls doomers “out of line,” talks path to human-like AI
Sutton joins Canadian peers Yoshua Bengio and Geoffrey Hinton in winning “Nobel Prize of computing.”
SDTC funding flowing again with applications for projects under NRC IRAP to open “early” fiscal 2025–2026
Transition of SDTC cleantech projects to NRC IRAP replacement program to conclude this spring.
Sanctuary AI, Nexera, and Novarc make deals and developments in busy week for Vancouver robotics companies
Nexara nabs funding from BDC, Novarc strikes a partnership, and Sanctuary AI’s robots get touchy.
TandemLaunch closes $37-million Fund IV to create and back deep tech startups
Through VCCI, feds support the firm’s plans to launch new Montréal companies.
Former EventMobi, Voiceflow leaders secure $2 million CAD to tackle retail merchandising with Merchkit
Startup aims to help retailers cut product launch timelines, operational costs via AI.
Avitia launches AI-powered cancer diagnostics platform with assets from defunct Imagia Canexia
CEO James Lumsdaine secures $5 million seed round from firm where he is also a partner.
Paperplane Therapeutics raises $1.5 million to ease anxious patients with VR gaming
Funding to help company expand its reach across North America and Europe.
Vault rebrands to Venn following $21.5-million Series A round
Founded as a multi-currency account, Venn looks to broaden its financial management solutions and sales staff.
Opal announces $1.5 million USD to build “the operating system for ad agencies”
FinTech startup’s backers include Exit North Ventures and Bench co-founder Ian Crosby.
Non-profit organizations receive nearly $40 million as part of latest AI-focused CanCode program
Federal funding aims to support 22 orgs teach coding, data analytics, and AI skills to 1.5 million students.
Dispersa closes $5.8 million to turn food waste into chemicals for everyday products
Cleantech startup’s seed round was financed entirely by Canadian investors.
Hyperlume raises $17.8-million seed round to commercialize its AI data centre tech
Ottawa startup claims its microLEDs achieve significant gains in performance, cost, and energy efficiency.