FigBytes secures $14.5 million USD in venture funding and debt
FigBytes’ funding comes as some countries are mandating ESG reporting.
Funding
Private wireless network startup Expeto closes $12 million Series B supported by Samsung Next, 5G Open Innovation Lab
Expeto enables large enterprises to extend private networks via any type of cellular connectivity.
Fintel Connect closes $4.8 million CAD to help financial institutions drive cost-effective growth
BankTech Ventures, EDC-backed Fintel Connect eyes US expansion.
Led by former Ada employees, Lancey secures $2 million to let B2B software buyers “try before you buy”
YC grad Lancey is backed by group that includes Panache, Garage, and Ada’s CEO.
Dissecting the anatomy of a Canadian tech seed round with Two Small Fish, Calico & Wavy
Eva Lau says don’t value your round based upon your ARR when fundraising.
Private AI secures $10.7 million CAD to protect personal data from privacy breaches
Microsoft, BDC, Twilio alum are among Private AI’s investors.
Sanctuary secures $30 million from Canada’s SIF to build robots with human-like intelligence
The AI startup is expected to hire more than 160 employees.
Avatar Innovations targets $3 million for new decarbonization tech fund
Avatar has secured Cenovus Energy as its lead investor.
Durable aims to help solo entrepreneurs launch service-based businesses with AI
Durable has closed $6.25 million USD to date from US investors.
Cross-border payments startup Buckzy takes the smart money in downscaled $19.5 million CAD Series A
In challenging market, Buckzy opts for smaller round to hit escape velocity in 2023.
Produce8 lands $6 million in seed funding to improve digital-first team productivity
Startup believes addressing burnout is the answer to a trillion-dollar question.
RailVision Analytics closes $5.5 million CAD to cut train emissions by curbing fuel consumption
Trucks choo-choo chooses RailVision following successful pilots with Via Rail, Metrolinx.
UgoWork closes $22.8 million Series B to help expand the use of lithium-ion batteries in Fortune 500
Canada ranks second in Bloomberg’s lithium supply chain ranking.
AgTech startup Ground Truth secures $4 million to improve grain analysis for farmers
Seed round: startup’s technology will allow farmers to make sound investment decisions.
Nortel alum-turned-mystery novelist combines her tech and writing background with Fictionary
Fictionary’s $1.8 million round one of the first investments out of BDC’s Thrive Venture Fund.