Sixty Degree Capital closes $338 million CAD for third venture fund
The new fund looks to invest in enterprise software and healthtech startups.
Funding
Innovate BC, NRC IRAP invest $2 million into 13 BC cleantech companies
BC Fast Pilot program has invested $9.9 million into 75 projects to date.
InBC leads $13.5-million financing round for ThoughtExchange
The startup claims its revenues have grown fivefold in the last five years.
Diagram Ventures announces new $60-million VC fund to build and back early-stage cleantech startups
The ClimateTech Fund is co-anchored by Québec and Sagard.
Spring Impact Capital launches $20-million fund to back cleantech, healthtech startups
New impact fund sprung out of Spring to focus on “human and planetary health.”
Sun Life makes $9.5-million investment into digital pharmacy Pillway
Sun Life’s Pillway deal echoes early strategy with now-acquired Dialogue Health.
BetaKit partners with Good Future
Strategic partnership will fuel the growth of Canada’s leading startup and technology publication.
PASQAL, Investissement Québec launch $90-million Quantum Computing initiative
The initiative intends to promote Sherbrooke, Québec as an international quantum hub.
Geomega receives $2 million from NGen for rare earth element recycling plant
Geomega’s recycling plant will help turn magnet scrap into rare earth elements used in electric vehicles.
With $2 million raised to date, Omnicart aims to serve hyperlocal last-mile delivery
Omnicart wants to help local businesses in small towns become their own DoorDash.
FinTech startup Peloton Technologies closes $2 million in seed financing
Executive chair says the capital will fuel the startup’s acquisition strategy.
Birdseye closes $4.1 million CAD in seed funding for AI-powered marketing platform
The round comes eight months after Birdseye’s $500,000 USD pre-seed funding round.
Rogers Communications and RBC commit additional $16 million to Rogers Cybersecure Catalyst
Catalyst claims more than 7,000 people and 500 businesses participated in its programs over the past five years.
RHA Ventures targets $30 million for second AgTech fund
The firm plans to invest up to $1 million into seed-stage startups.
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.