Giatec receives $5 million from BDC Capital’s Cleantech Practice to bolster concrete testing tech
Giatec’s clients include construction firms like AECOM, McCarthy.
Funding
Creator Jacket, Litus named winners in Elevate 2022 pitch competitions
Creator Jacket won $15,000, while Litus secured $100,000 from The Firehood.
Cognitive 3D secures $2.5 million to help companies better understand immersive experiences
Startup uses analytics in 3D environments to research consumer behaviour.
D2C travel lifestyle brand Monos closes $40.2 million CAD Series B round
After recording no revenue when the pandemic hit, Monos quickly pivoted to sterilization.
With new Thrive platform, BDC commits half a billion dollars to invest in Canadian women-led startups and funds
BDC’s Women in Technology fund team has its second fund, lots more capital, and an expanded mandate.
Following record growth amid downturn, FrontFundr launches its own fundraising campaign on FrontFundr
FrontFundr has helped startups close $140 million across 100 campaigns.
PolicyMe reveals $18 million in Series A financing to tackle Canadian insurance market
Backed by industry players, PolicyMe aims to expand beyond selling just life insurance and D2C.
Right-wing video site Rumble begins trading on Nasdaq via SPAC deal
The Toronto video-sharing platform attracts an audience of mostly right-leaning viewers.
Andgo Systems raises $5.6 million to make employee absence management easier
Andgo said it has added new major healthcare organizations as customers.
With backing from celebrity investors and mortgage lenders, Verifast wants to improve identity, financial verification
Verifast recently closed a $3.5 million seed round.
Composer secures $6 million USD to help retail investors adopt sophisticated trading strategies
Despite market downturn, Composer has seen trading volume, AUM grow.
The Rounds closes $5.1 million CAD Series A from US VC firm Panoramic Ventures
The Halifax healthtech startup provides an online collaborative network for healthcare professionals.
Indigenous venture firm Raven Capital eyes US market as it secures $46 million for second fund
Fund II LPs include BDC Capital, Telus Pollinator Fund for Good, Vancity, Bank of America.
Protein Industries Canada secures $30 million from Pan-Canadian AI Strategy, launches AI-focused co-investment program
Applications for the new program are open until October 26.
Insurtech ProNavigator secures $10 million to power US expansion
ProNavigator calls itself the “Google Search for Insurance.”