Federal government launches loan facility to support enterprises impacted by tariffs
Canada repurposes COVID-era emergency funding agency to provide loans for impacted large businesses.
Funding
Amazon’s Climate Pledge Fund joins Cyclic Materials’ extended Series B round
Cyclic now counts Amazon and Microsoft as backers after extending round for a second time.
New early-stage VC fund Trillick Ventures aims to bring funding to “underrepresented” Manitoba
Trillick has closed nearly a third of its $15-million target and made three investments.
Xaba aims to make industrial robots smarter with $8-million CAD seed extension
Low-code software serves as a robot’s “synthetic brain,” according to the company.
Corinex secures $42 million CAD to continue its European expansion
Corinex’s sensors and software help utilities providers monitor their power grids.
Puzzle Medical raises $43 million to pursue clinical trial of less-invasive device for patients with heart failure
Second Series A round co-led by family office of former Liberal leadership candidate Frank Baylis.
Blumind secures $20-million Series A to build the AI chip we’d have if computers didn’t exist
Ottawa fabless chip startup says it plans to get its first product into production next year.
Scale AI offering $30-million envelope for Canadian companies to accelerate AI adoption
Government-backed AI hub to cover up to 40 percent of “high-impact” AI projects completed this year.
Corporate VPN startup Tailscale secures $230 million CAD Series C on back of “surprising” growth
Company achieves $2 billion CAD valuation after doubling customer base in 10 months.
Glowtify wants to be the AI-driven marketing solution for lean e-commerce teams
Montréal-based startup secures $825,000 in pre-seed financing from angel investors.
UK-based Osney Capital eyes Canadian cybersecurity startups with 50-million-pound first fund
Osney wants to help Canadian startups expand to Europe and bring UK startups here.
Healthtech startup Vopemed lands $2.29-million pre-seed funding for AI-powered surgery visuals
A mini Montréal healthtech boom may be on the horizon as several early-stage companies attract investment.
Raven Capital cultivates Indigenous-led biotech company AdvancedAg with $2-million seed investment
Funding to support family-owned company develop IP and expand in North America.
Ontario subsidizes Siemens’ new R&D facility after CEOs plead province to prioritize homegrown production
The Invest Ontario Fund will cover $7.2 million of the German giant’s $150-million investment.
BioAlert secures $2.5 million to help companies detect and manage harmful pathogens in water
Sherbrooke, Que.-based cleantech company hopes to add salmonella, E. coli detection with new funding.