RHA Ventures targets $30 million for second AgTech fund
The firm plans to invest up to $1 million into seed-stage startups.
Funding
Active Impact Investments launches third climate tech seed fund with $70 million in initial commitments
LPs include Northleaf, Fondaction, Co-operators, Deloitte Ventures, University of Victoria.
Hopper-linked Deep Sky closes $57.5-million Series A to make Canada a “carbon removal capital”
Barely a year old, the Montréal cleantech startup has already amassed $75 million in total funding.
InBC invests $29 million into 4AG Robotics, Clarius Mobile Health, Pender, Amplitude Ventures
These startups, VC firms align with InBC’s “triple bottom line approach.”
Hoping to be the go-to platform for blockchain devs, Uniblock secures $3.1 million CAD
Uniblock aims to unify fragmented blockchain tools into a single platform.
Pathway raises $5 million in seed funding, opens free access to healthcare guidance platform
The healthtech startup also unveiled its “most advanced” AI assistant to date.
TechBrew rebrands to 4AG Robotics, closes $17.5-million Series A to build mushroom-picking robots
Backed by BDC, InBC, and Emmertech, 4AG is gearing up to get its tech to farms.
Ambyint is repatriating its headquarters to Calgary after three years in Houston
Ambyint CEO says Alberta’s “strong tech ecosystem” fueled the move back to Canada.
BDC’s Thrive Lab announces 25 co-investment partners
$35 million envelope will target women-led businesses aligned with United Nations Sustainable Development Goals.
Recharge Véhicule Électrique raises over $7 million to expand at-home EV charging
RVE’s president says the funding will help free up 4,000 megawatts of power from the grid.
Acton Capital closes $240-million USD Fund VI to invest in tech startups across Canada and Europe
Acton’s Canadian portfolio has included Chefs Plate, Clio, Knix Wear, Maple, and Mobify.
Quantum startup Photonic raises $137 million CAD, strikes strategic partnership with Microsoft
Photonic has an “audacious” five-year plan to build a fault-tolerant quantum computing platform.
Cavelo secures $5-million Inovia-led seed round to help financial services firms protect their data
With cybersecurity no longer just “a big company problem,” Cavelo eyes US expansion.
NGen commits $19 million to 12 new AI manufacturing projects
Industry contributions bring the total value of the projects to $55 million.
Universities of Regina, British Columbia among 19 recipients of CRIN’s $16.1 million CAD commitment to clean up Canada’s oil and gas industry
CRIN received $100 million from the SIF in 2020 to lower the environment impacts of fossil fuels.