Active Impact, Breakthrough-backed Othersphere secures $3 million to strategically locate climate tech projects
Victoria-based startup aims to drive industrial decarbonization with data analysis.
Funding
SenseNet raises $1.3 million CAD for its wildfire-detecting technology
The Vancouver firm is the latest of several wildfire-detection startups that expect to see flames fan their fortunes.
HEC Montréal secures nearly $1 million for new entrepreneurship professional certification
The program aims to help organizations that support entrepreneurs to strengthen their expertise.
Graphite Ventures secures $10 million from AEC to continue Alberta commitment
The Toronto-based VC firm recently invested in the Calgary startup WaitWell.
WaitWell closes $1.5 million to bring its queue management tech to new markets
After establishing itself in higher education, WaitWell eyes private health care.
Formaloo raises $2.9 million CAD to help businesses build apps without any code
The startup aims to ramp up marketing efforts in Canada.
Ditch Labs secures $3.25 million to treat nicotine addiction with tech
Montréal startup set its sights on a massive public health issue.
BDC shares more detail on $100-million Thrive Lab, including $35-million co-investment commitment
Initial phase will focus on early-stage, women-led businesses with social impact.
Canadian cleantech continues fundraising streak as Orennia, CarbonCure raise collective $105 million USD
From Halifax to Calgary, Canadian cleantech remains resilient despite the tech funding downturn.
i4 Capital closes over $40 million toward new $60-million deep tech fund
The fund is backed by the Fonds québécois d’amorçage Teralys, Fondaction, and the Fonds de solidarité FTQ.
Protein Industries Canada offers $10 million to help grow AI use in food sector
AI is being applied to the plant-based food industry’s efforts to satisfy ever-changing consumer demands.
Leading steel company ArcelorMittal SA invests $6.6 million in Char Technologies’ decarbonization tech
Char Technologies only Canadian company to receive investment from ArcelorMittal SA’ s XCarb Innovation Fund.
PacifiCan invests nearly $23 million in BC cleantech, zero-waste projects
Saltworks, MintList, and Novarc Technologies all receive funding for expansion and commercialization.
Shakudo closes $9.5-million CAD Series A to help companies adopt generative AI
GreatPoint-backed Shakudo is led by AI experts from Georgian, Borealis AI, and BMO.
Porta raises $10.5-million for frozen, ready-to-cook Italian meal delivery service
Porta might just fill the frozen-pizza-shaped hole left by General Assembly.