Luge Capital looks to buck FinTech trends with $71-million CAD first close of new fund
FinTech-focused firm targets $100-million fund and expanded team across Canada.
Funding
UK-based Captain AI will relocate to Canada after closing $2.1 million USD to serve restaurants in North America
GreenSky, Techstars-backed Captain AI already caters to Pizza Pizza.
Oneka raises $12.5 million CAD, prepares to deliver desalination devices along the Pacific coast
Oneka says it can produce fresh water with zero greenhouse gas emissions using the power of waves.
Secoda closes $19-million CAD Series A to scale its data management AI copilot
As prompts supplant search, US investors Craft Ventures and Abstract Ventures back Secoda’s new AI-powered tools.
Vooban closes CDPQ investment to fund acquisitions and North American expansion
This marks the 12-year-old Québec AI firm’s first external funding.
GrowerIQ secures $1 million from Government of Canada to expand its cannabis-tracking system
FedDev Ontario funding follows GrowerIQ’s recent Barbados government contract.
ZayZoon closes Series B to fuel continued US expansion of earned wage access business
ZayZoon nabs $34.5 million USD in debt and equity to help workers access a cash-advance alternative to payday loans.
Nàdarra Ventures makes $20-million first close in new Canadian biotech fund for sustainable chemicals development
Backed by Farm Credit Canada and Natural Products Canada, fund target is $50 million.
Aquanow launches AQN Digital Ventures Fund to back next generation of blockchain startups
Fund has already invested more than $1 million in seven companies, including BoomFi and Mash.
Monark closes $1.5 million led by Storytime Capital to modernize leadership development
Former leadership-development consultants aim to engage leaders earlier and more continuously with tech.
Simmunome secures $2 million to make clinical trials more efficient with AI
Montréal startup’s backers include Theodorus, Eurêka, BKR Capital, Sandpiper, and ACET Capital.
Streamforge raises $1.6 million CAD to scale AI-driven influencer marketing
Montréal startup hopes seed round enables European, Asian expansion.
Ontopical closes $3.3 million seed extension to help companies navigate the local government procurement process
Rhino and Graphite Ventures-backed Ontopical mines public data for private sector clients using AI.
Inovia announces $34-million CAD Discovery Fund for early-stage VCs
Fund formalizes Inovia’s support for emerging managers as many struggle to fundraise.
GHGSat closes Series C1 to launch more greenhouse gas emissions-monitoring satellites
The Montréal-based startup secured $59.9 million CAD but did not disclose equity/debt split.