Teralys Capital says it “should” hit $570-million fund-of-funds target by end of year
Montréal-based Teralys confirmed $475 million raised to date, making it the largest VCCI-backed fund.
Funding
Motion closes $30-million USD Series B in bid to become “command centre for creative strategists”
Inovia-backed startup’s software enables creative strategists to turn data into ad ideas.
Nomic Bio secures $42 million Series B to expand startup’s protein mapping platform
Montréal-based Nomic Bio claims technology now in use by more than 75 companies.
Mosaic to scale homegrown 3D printing infrastructure with $28 million CAD of equity growth funding
CEO says recent nearshoring push has been a boon for the 3D printing manufacturer.
Federal government’s massive $2 billion CAD loan to Telesat sparks Elon Musk debate between ministers
Elon Musk claims Starlink can provide similar internet services at half the cost. Minister Champagne disagrees.
Two years after pivot to international financial management, Loop has processed over $1 billion in payments
Returning investors Mistral Ventures and Graphite Ventures among group behind $6.4-million CAD seed extension.
Exclusive: ApplyBoard secures $100-million CAD credit facility to fuel global expansion
With Canadian student visas projected to drop, ApplyBoard targets Europe and Asia.
PathPresenter to establish subsidiary in Waterloo Region following Series A round
Canadian-led AI pathology startup believes a physical presence in Canada will drive its push into the local market.
Armed with $2 million CAD, SecondShop launches B2C ‘re-commerce’ platform to change how Canadians buy
Harvest Venture Partners believes its studio’s fastest-growing venture has a first mover advantage.
Coveo snags SIF investment as AI project funding flows during ALL IN 2024
Oceans Supercluster also doled out $4.5 million and Scale AI teased a call for projects.
Ecomtent closes $1.15 million CAD in pre-seed funding for its AI-powered content generator
Startup led by ex-Amazon exec and AI scholar wants to help retailers sell in the AI era.
Disaster restoration startup Kahi looks to solve “adversarial relationship” between insurance companies and subcontractors with IoT
Spun out of a subcontracting company, Kahi raised $2.3 million CAD led by BDC Capital Seed Venture Fund.
Canadian AppDirect co-founder launches Landbase with Inovia, Desmarais family backing
Landbase has closed $12.5-million USD in seed funding for its AI-powered go-to-market solution.
Amplitude Ventures, Gates Foundation lead Radiant Biotherapeutics’ $35-million USD Series A
Amplitude-created biotech startup with scientific roots in SickKids and U of T aims to advance new disease therapies.
NPower Canada bags $4 million to prime underrepresented youth for the tech sector
Tech training programs run by Digital, NPower, Microsoft, and CIBC will introduce upskilling in cybersecurity and AI.