Cybersecurity startup Cavelo secures $5-million seed extension round led by Inovia Capital
CEO of Waterloo company claims growth over past year “has been nothing short of incredible.”
Funding
4AG Robotics looks to grow fleet of mushroom-harvesting robots with $40-million Series B round
AgTech startup says it’s on track to hit $7 million in annual revenue amid high demand for agricultural labour.
Lack of M&A and IPOs drives global secondary market to new record
Northleaf has raised $908 million CAD for its fourth secondary fund at the perfect time.
Ontario nurtures forest-based innovation accelerator CRIBE with $5-million investment
Funding aims to grow and commercialize companies creating forest-based solutions.
WonderFi co-founder’s xTAO startup secures $31 million CAD for its decentralized AI network
The blockchain company is now publicly traded on the TSX Venture stock exchange.
New innovation and knowledge hub to help showcase technology battling wildfires
The Wildfire Resilience Consortium of Canada fulfills objectives outlined by G7 leaders in Alberta last month.
Are Canadian founders getting a raw deal?
Plus: The pressure to adopt AI has created a “Wild West” for corporate cybersecurity.
Canadian co-founded Substack raises $100-million USD Series C to grow tools for independent creators
Two out of three Substack co-founders are University of Waterloo and Kik alums.
GeologicAI cashes in on data centre boom with $60.5-million CAD Series B
Mining tech startup will use funding to scale globally as demand for critical minerals intensifies.
BDC adds RBC as lending partner as it plans to guarantee $800 million in loans to entrepreneurs
Business Loan Accelerator Program aims to expand BDC’s reach to more underserved founders in Canada.
Define Capital fuels up for more niche software acquisitions with $28-million debt facility from Scotiabank
Toronto private equity fund warms up to the idea of buying corporate spinoffs and venture-backed startups.
Katherine Homuth is making the case for a “founder constitution.” Here’s what that might look like
SRTX and Oomira founder says “nothing in the term sheet is in your favour.”
Quandri secures $16.5 million CAD to help North American insurance firms automate renewals with AI
BC sibling-founders gear up to hire 40 employees and open a Boston office.
Uberflip co-founder secures $1 million to help families pass down valuables with Trusty
Repeat tech entrepreneur Randy Frisch sees potential to build a “modern letter of wishes.”
GreenSky closes $23.5-million sixth fund with help from new managing partner Jeff Brunet
NBIF becomes LP as Toronto firm dips its toes into institutional investor pool.