Feds, BC invest nearly $73 million into Aspect Biosystems to establish biomanufacturing facility
The clinical facility aims to be the first dedicated to producing bioprinted tissue therapeutics in Canada.
Funding
Point Laz raises $1.2 million to bring mine shaft scanning device to market
The startup said its first 10 commercial scanners are now set to be produced and exported worldwide.
Clutch receives $10-million strategic investment from iA Financial group
The investment will see iA’s insurance products integrated into Clutch’s online vehicle marketplace.
Roga secures $1.7 million CAD to reduce stress and burnout with its nerve-stimulating wearable
Neuroscientist and former Google Pixel PM team up to tackle workplace stress with Roga.
Polystyvert closes $16 million Series B tranche, looks to open first commercial recycling plant
Polystyvert expects to close a second tranche within three months that brings the round up to $30 million.
Federal government invests in seven hydrogen-focused cleantech projects in Alberta
Aurora Hydrogen, Quantiam Technologies, Innova Hydrogen receive a collective $5 million.
Economic development agencies dole out $30 million to AgTech, AI, EV development
Wyvern, Pure Life Carbon, and Aethon Aerial Solutions among those supported by latest PrairiesCan, FedDev funding.
ISED invests $120 million to build out CMC Microsystems’ semiconductor network
The FABrIC network looks to provide resources to foster semiconductor innovation in Canada.
Tall Grass Ventures closes $32-million VC fund for early-stage Canadian AgTech startups
TGV sees room to be “translators” and connect other investors to the AgTech sector.
Canadian-founded, New York-based AI startup Clay closes $63-million CAD Series B
Launched by McGill grads, Clay aims to help automate sales.
Eric Sprott-backed Argo Digital Gold secures strategic investment from WonderFi, Paxos
Funded by industry leaders, Argo aims to offer “seamless crypto-to-gold trading.”
Raven Connected intends to grow workforce by 25 percent with Series A funding led by Telus Global Ventures
Connected car startup uses machine vision to track and analyze company vehicles and drivers.
Former Team Canada support staff secure $1.3 million to deliver Olympic-level corporate team building
Innerlogic seeks to speed up the path to better workplace culture with AI.
Following pivot to enterprise SaaS model, Haloo closes $4.7 million CAD
Startup has made key hires as it looks to scale from hundreds of SaaS customers to tens of thousands.
Healwell AI invests $2.7 million CAD into Elon Musk’s xAI to tap into company’s expertise, resources
Healwell CEO touts access to xAI’s closed developer program as big potential benefit.