Nicoya acquires UK’s Applied Photophysics to expand its drug development capabilities and global reach
The deal triples Nicoya’s customer base to nearly 3,000 and gives it a new European hub.
Funding
Eli Health closes $17-million CAD Series A to fuel launch of hormone-monitoring tech
BDC’s Thrive backs Montréal startup’s plan to begin bringing its hormone test to market.
ENVGO raises $2.7-million seed round to bring its electric “flying” boat to market
Waterloo team behind drone maker Aeryon Labs helps aerospace hit the waves.
Pine unveils new real estate tools after topping $1 billion in managed mortgages
Toronto proptech turns Properly acquisition into refreshed home search platform as it expands beyond just mortgages.
Vessel raises $10.3 million to retool VC for the age of AI
Platform developed by two ex-LPs aims to automate “grunt work” for GPs and improve LP relationships.
MesoMat expects smart rubber to hit the road around the world as it builds out commercial tire-monitoring platform
McMaster spinout raises seed funding to build out its sales and commercial operations.
Taiv lands $14.4-million CAD Series A to put targeted ads on bar and restaurant TVs across North America
Winnipeg startup’s adtech solution aims to make business TVs more profitable and engaging.
Portless raises $24.7 million to be retailers’ port in a trade storm
Logistics startup gives importers alternative to up-front duties following end of “de minimis” exemption.
Rails launches hybrid crypto exchange after raising $14 million USD in token warrant sale
Toronto and Miami’s Rails claims to provide self-custody without sacrificing performance.
Fispan continues industry trend of secondary-heavy deals with Series B round
Vancouver-based embedded banking startup says it’s bringing in $34 million annually.
DIGITAL Innovation Cluster providing $15 million across 16 Canadian AI-based training and CareerTech projects
Projects backed by matching $15-million private investment aim to upskill and connect workers with employers.
As aging entrepreneurs retire, BDC and FNBC announce $100 million to help Indigenous groups buy their businesses
FNBC and BDC want to help Indigenous communities buy established Canadian firms, aid “economic reconciliation.”
Canada Growth Fund commits at least $89 million to Eavor in second big investment to geothermal tech company
CGF promises another $48 million upon the completion of undisclosed milestones.
Google allocates $13 million in funding to strengthen Canada’s AI workforce
First Nations Technology Council, Skills for Change, Toronto Public Library named as recipients alongside Amii.
Women-led startups sweep first Pitch competition on stage at Web Summit Vancouver
Early-stage sustainability startup Lite-1 edged out Glüxkind and Vodasafe.