Converge Technology secures $500 million loan to continue acquisition spree
Converge to continue acquisition strategy in North America, Europe.
Funding
Advertising tech startup Polar secures funding from Fort Point Capital, rebrands to Nova
Nova president: Polar pioneered the social display space.
The Women Entrepreneurship Ecosystem Fund calls for new projects in order to dole out $40 million
The WES Ecosystem Fund has invested $100 million in 52 projects.
Stadium Live scores $12.8 million CAD Series A to engage Gen Z sports fans
Stadium Live aims to build the “spatial version of Discord.”
Fable raises $8.4 million CAD Series A to fuel move beyond tableware
Fable wants to sell “all the little items … that make a house a home.”
ProcedureFlow closes $11.8 million to scale knowledge management software globally
ProcedureFlow’s client base includes Blue Cross, Nova Scotia Power.
General Fusion picked for fusion power plant projects with US Department of Energy
General Fusion awarded funding from DoE to work with American national labs.
BrainBox AI’s Series A round reaches $30 million following EDC top-up
BrainBox AI’s HVAC systems help buildings consume less energy.
Avatar Innovations receives up to $500,000 investment from OCIF for carbontech accelerator
Avatar Innovations wants to spark innovation in Calgary’s energy sector.
Verv closes $3.8 million seed round to develop at-home blood testing kit
Could the Theranos that was promised come from Sudbury?
Backed by Yoshua Bengio, Ubenwa is using AI to diagnose neurological issues through baby cries
The Radical Ventures-backed Mila spinout has raised $3.24 million CAD to launch app for parents.
GreenCentre Canada secures over $2.5 million from FedDev Ontario to launch cleantech accelerator program
Waterloo-based ALT TEX, Material Futures among startups selected to join the program.
Tech-enabled fulfillment company Darwynn closes $20 million pre-seed round
Darwynn says its facilities take up less space and costs less to operate.
Blume secures $2 million CAD to scale latte replacement product
Ex-Frank and Oak exec buys into Blume’s first institutional round.
Federal, BC governments invest in new agtech innovation centre at Simon Fraser University
The centre is expected to create 200 jobs and train over 700 workers.