BDC, Vanedge invest in semiconductor startup Bonsai Micro to create advanced wireless networks
Bonsai Micro’s co-founders come from notable BC semiconductor company PMC-Sierra.
Funding
Carbonhound raises $1.3 million help small, medium business get ready for emissions regulations
The startup will help cut carbon as the United Nations says “catastrophic” warming is upon us.
Hopper co-founders launch new carbon capture startup, Deep Sky, with $10 million in funding
Deep Sky aims to scale carbon removal.
Diagram Ventures closes $100-million for latest fund as it continues to bet on FinTech
For the first time, Diagram will also invest in companies it doesn’t have a hand in creating.
Startup Montréal awards $400,000 to startups as FounderFuel reveals first revamped accelerator cohort
Both programs award seed funding and mentorship support to tech founders.
Brightspark seeks to recreate its “home run” exits of Think Dynamics, Radian6 as it launches $120-million fund
Brightspark Ventures has made an initial close of $60 million towards its target.
Shopify backs Nigeria-based FinTech Nomba in $30 million round
Nomba provides payments and banking tools for businesses.
The DMZ awards $35,000 to Black-led startups Blue Guardian, Gia Health, Scooli
The DMZ downsized its prize money after handing out $50,000 last year.
BrainBox AI acquires ABB technology in its mission to reduce greenhouse gas emissions in buildings
Québec government and ABB invest $27 million CAD to aid BrainBox AI help retailers use less energy.
Odaia closes $34 million CAD Series B to fix “bottleneck” in drug delivery process
Roster of big pharma clients helped Odaia nab latest funding round.
University of Toronto, Université de Montréal get combined $325 million as part of $1.4 billion federal investment into university innovation
Other projects focus on sustainability, health, and migrants.
The51 closes $30 million of targeted $50-million Food and AgTech Fund
LPs include Farm Credit Canada, Alberta Enterprise Corporation, and National Bank of Canada.
Tentree founders spin out platform to help businesses keep their tree planting promises
CEO: “For us, Tentree was never an apparel business that planted trees.”
Practice Better raises $27 million USD to grow client management software for wellness providers
Practice Better claims to have more than 10,000 customers in more than 70 countries.
Well Health looks to invest $2.5 million into AI companies developing healthcare solutions
Well aims to make at least 10 investments of at least $250,000 each.