Drug discovery startup Congruence Therapeutics closes $20 million CAD extension of Series A
BDC Capital’s Thrive Venture Fund joined to lead the extension.
Funding
Uplinq partners with World Bank Group-linked global network to educate on financial inclusion
FinTech recently raised $820,000 CAD for its global credit assessment platform.
Yoshua Bengio, Element AI co-founders back AI startup Glowstick in $1.3 million round
Current and former Square and Shopify employees also invested in Glowstick.
Northleaf closes $675 million USD for latest private equity fund
Fund size surpasses Northleaf’s $600 million USD target.
Amazon climate tech fund backs Genecis to turn food waste into bioplastics
Amazon is exploring ways to use Genecis’ bioplastics in its own packaging.
AssistIQ raises $2.5 million CAD to cut down on medical waste in hospitals
AI platform tracks use of disposable medical devices, supplies for surgeries and common procedures.
Government of Canada to launch $250 million initiative to train skilled workers
In record-tight labour market, feds aim to upskill workers for high-growth industries.
Backed by Bay Street veterans, Obsiido wants to make alternative investing accessible
Obsiido emerges from stealth with $815,000 pre-seed round.
Lighthouse Labs, TechNL each secure over $20 million in federal funding for tech upskilling programs
Two orgs aim to train thousands of students to meet tech sector talent demands.
Croptimistic acquires CropPro Consulting, secures $9.1 million from Forage Capital
Cory and Shannon Willness first built CropPro in 2003, then Croptimistic in 2018.
IrisCX secures $6.2 million CAD to help home product, services firms provide video-based customer support
IrisCX limits in-person service calls by empowering consumers to perform tasks traditionally done by technicians.
Future Fields raises $15.1 million CAD to equip more industries with bioreactors made from flies
Founded to help the cultivated meat industry, Future Fields is expanding to medical research and biopharmaceuticals.
AAVAA closes $2 million CAD to develop smart listening device
AAVAA’s tech allows users to control their electronic devices using their brain.
Round13 leads System-3’s $3.6 million round to mitigate bias in hiring leadership talent
System-3 taking cues from aviation industry training to evaluate company leadership.
Plum secures $8 million CAD to help big businesses navigate tight labour market
Plum aims to provide “missing dataset” companies need to tackle talent crisis.