TIAP partners with OBIO to open applications for healthtech funding stream
Selected companies will receive up to $200,000 in grant, dilutive funding.
Funding
Climate tech VC ArcTern Ventures closes $450-million CAD Fund III from large institutions
ArcTern’s LPs include TD, CPPIB, Allianz, OPTrust, Church Pension Group, and Credit Suisse.
Software acquirer Valsoft closes $229 million CAD in growth financing
Montréal consolidator claims its business has more than doubled in the last two years.
Vistara Growth bets on two US-based supply chain software companies
Vistara Growth recently closed $200 million for its fifth private credit fund.
Springdel closes $5 million as it looks to bring automation to mobile device management
The startup’s enterprise customers include Cathay Pacific, Unilever, and 7-Eleven.
ArenaX Labs closes $6 million to develop AI-powered battle game
ArenaX plans to introduce a Web3 iteration of the game, which would allow players to vie for prizes.
US-based JMI Equity buys out Safe Software co-founder in strategic investment
30-year-old BC firm hopes to hit $250 million in annual revenue in five years.
Requity Homes secures $26 million for rent-to-own platform as high interest rates loom over prospective homeowners
Requity aims to help renters become homeowners in markets outside of Toronto and Vancouver.
Clinia secures Series A funding, partnership with Telus Health to deploy its search tech
CEO says endorsement from Canada’s largest healthtech player gives Clinia “visa” it needs to catch big US fish.
CDPQ invests $136 million CAD into AppDirect financing program for tech advisors
Investment builds on initial $100 million AppDirect received from the pension fund in 2021.
Social Finance Fund-backed Realize Capital Partners reveals first nine investments
Recipients include Idealist, Maple Bridge, PaceZero, Raven, Relentless, and The51.
Ionomr Innovations raises $26.7 million CAD to boost green hydrogen sector
Simon Fraser University spinout has raised $55.4 million CAD to date.
Inverted AI closes $5.3 million CAD in seed funding for vehicle safety simulation tech
Startup builds AI-powered non-playable characters for advanced vehicle testing.
Friendlier closes $5-million seed extension for reusable packaging solution
Cleantech startup claims it has helped reuse over one million containers.
Woveo closes $2.3 million to expand community wallet platform for underserved banking customers
As cost of borrowing increases, Woveo wants to help non-prime customers save, build credit.