Brightspark closes latest early-stage VC fund at $100 million, appoints new BC partner
“We think we can find the best deals in Canada, so we’re going to keep on doing that.”
Funding
Phaseshift Technologies raises $4.1 million CAD to fuse material discovery with AI
Startup to commercialize advanced engineering materials for aerospace, automotive, and energy sectors.
Top Down Ventures completes $10-million USD first close of new venture fund for managed service providers
Leaders from ScalePad, Fully Managed aim to raise a total of $25 million USD in 2025.
Free Agent is building a LinkedIn-style career marketplace for athletes
Startup founded by Team Canada’s Kirsten Toth wants to support athletes in their post-sport careers.
Family office software MyFO secures $3.5 million USD seed round led by Rhino Ventures
Capital will be used to scale operations, improve product offerings, and expand its team.
PacifiCan and PrairiesCan commit $17.7 million to companies in Western Canada
BC and Alberta companies to receive funding include WaitWell, Avanti, and Ideon Technologies.
New funding for Kepler and Wyvern headline busy month in Canadian space tech
Wyvern and Kepler secure funding, Mission Control inks big partnership, and Volta Space preps for launch.
Hong Kong billionaire ups stake in Well Health Technologies with $81-million CAD private share purchase
After buying 18 million shares, Solina Chau now holds a 14 percent stake in Well.
NCC commits $22.8 million to 37 cybersecurity projects
Projects funded by National Cybersecurity Consortium to focus on commercialization, development, and training.
Bitcoin infrastructure unicorn Blockstream raises $289 million CAD to boost mining operations
Repeat investor Fulgur Ventures led the financing round, bringing the Bitcoin giant’s total funding to over $822 million…
Fable raises $25-million USD Series B round from Five Elms Capital to tackle accessibility in AI
Disruption Ventures gives up board seat to Five Elms after exiting its Fable position.
Ontario launches second phase of life sciences strategy to bolster research and funding
$146 million commitment to support new Life Sciences Scale-Up Fund, wet labs programs, and procurement.
Montréal-based Trustii raises $2.8 million CAD to boost employee risk management software
An all-Québec contingent of AQC Capital, Accelia Capital, and Boréal Ventures backed the seed round.
Flinks co-founders trade open banking for open utility with new startup Deck
Latest API endeavour garners $6.2 million CAD in funding from Golden, Luge, & Better Tomorrow Ventures.
Feds announce $4 million for Atlantic Canada tech startups through ACOA
Eight of the 10 startups are Nova Scotia-based, including Milk Moovement and UpBeing.