Ionomr Innovations raises $26.7 million CAD to boost green hydrogen sector
Simon Fraser University spinout has raised $55.4 million CAD to date.
Funding
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.
Y Combinator graduate Terminal closes $4.2-million CAD seed round
Terminal aims to be the Plaid for telematics data in commercial trucking.
Vistara Growth secures $200-million CAD initial close for fifth private credit fund
Vistara sees opportunity post-SVB as bank lenders, VCs pull back.
Leav secures $2.3 million in seed funding for its mobile self-checkout solution
The funding round was led by Nicolas Bouchard’s venture capital firm Exo10.
Durable raises $18 million CAD as it looks to help service-based businesses run on autopilot
Startup claims six million sites have been built with the platform in its first year.
Started in a bar, now we’re here: Startup TNT completes first close of targeted $5-million venture fund
Fund I will write $50,000 cheques to winners of Startup TNT investment summits.
Propel receives $2.9-million ACOA grant to continue virtual accelerator program until 2026
The Government of Nova Scotia committed $1.05 million to Propel in May.
Founded by Alphabet alums, Canadian-led AI hardware startup Extropic secures over $14 million
Run by @BasedBeffJezos, Extropic’s backers include Tobias Lütke, Cohere co-founders.
ContactMonkey raises $55-million Series A from Updata Partners
Toronto startup claims it is profitable and has grown 330 percent in the past three years.
$86-million Series D extension has Koho targeting growth and profitability
Canadian challenger bank reaches one million users, $100-million run rate.
EZee Assist reveals $1.85 million in funding to help franchises manage institutional memory
Toronto startup caters to clients like BeaverTails and Real Property Management.
Renaissance raises $1 million CAD in fresh funding to help artists connect with their superfans
Music tech startup claims to have surpassed one million downloads with zero marketing spend.