GridBank raises $6-million seed round to monetize the videos in your camera roll
Users can upload videos while brands pay to use the organic content.
Funding
Carbon Upcycling secures up to $10 million USD as it chases cleaner concrete
Cleantech firm plans to put capital toward its first commercial project in Mississauga.
Feds invest $79 million in Aspect Biosystems to develop 3D-printed tissue treatment
Investment supports $280 million project to “significantly enhance” Aspect’s clinical development capabilities.
NGen announces nearly $80 million for Canadian manufacturers to adopt AI
Funding comes from industry partners and through Pan-Canadian AI Strategy.
Feds invest over $16 million in trio of Prairies-based cleantech research projects
Natural Resources Canada backs energy innovation across Alberta and Saskatchewan.
Lockheed Martin Canada invests $3.6 million into Lemay.ai
Project supports AI R&D for “sovereign knowledge management.”
Relocalize to build fully autonomous “dark” microfactory in Montréal
Startup opening sustainable microfactory for water cold packs that will run in complete darkness.
Canada’s first full-stack, university-owned quantum computer comes to USask
Quantum computer will be operated by the Centre for Quantum Topology and Its Applications.
NACO wants feds to use $750 million in VC funding to back startups earlier
Angel investor group proposes early-stage fund matching and infrastructure programs as part of federal VC strategy.
ThinkLabs secures $28-million USD Series A to help power grids manage data centre demand
The AI race will take a toll on power grids. ThinkLabs wants to use its own AI to help.
More than $6 million in federal defence funding bound for Alberta
Funding will support Edmonton’s Wyvern and the establishment of a new commercialization centre at the U of A.
Feds put nearly $29 million toward cleantech projects across Canada
Funded projects include Red Deer solar research and two Saskatchewan projects studying carbon capture technology.
Xanadu makes solid debut as it begins trading on TSX and Nasdaq
Toronto-based quantum company the first new Canadian tech firm to list on the TSX since 2021.
CAAIN launches $9-million open competition to support AgTech innovation
Competition aims to bridge divide between innovation and commercial adoption.
Miraterra announces $16 million to advance its soil measurement tech
Terramera subsidiary looks to build on its recent Trace Genomics acquisition with seed extension.