Sheertex maker SRTX gets $35 million CAD backing from IQ to grow manufacturing operations in Québec
STRX looking to close $70-million CAD convertible note financing round before end of year.
Funding
AI chipmaker Tenstorrent closes nearly $700-million USD Series D at $2.6-billion valuation
Samsung, Bezos-backed financing comes after the firm quietly relocated to the US.
British Columbia deploys combined $9.2 million into projects tackling climate, nutrition, health and more
Funding recipients include Ekona Power, Wildfire Robotics, and Ideon Technologies.
Firestarter program goes national with funding from BDC Thrive Lab
Following Atlantic Canada pilot, program supporting women-led startups will host first cohort in early 2025.
With new name, FleetOps secures $30.8-million CAD Series A round
Now called Class8, trucking data startup’s round was led entirely by United States-based investors.
Nurau raises $1.5 million CAD in seed funding to take AI-powered HR coach to the US
Montréal-based startup claims its conversational AI platform can reduce HR complaints. What are the risks?
Belgian VC Theodorus relocates to Canada under new name to target early-stage life sciences startups
Rebranded to Seido Capital, the firm has secured $45 million towards its fifth fund.
Practice Better looks to opportunistic growth with $18-million CAD credit facility from CIBC
After honing its AI tools and payments offering, the startup is seeking new ways to help practitioners grow.
Boosted.ai raises $20.9 million CAD to grow AI investment manager platform
New tool Alfa is “essentially an AI coworker that users can train to think like them.”
Dentists helping dentists: Clinician-founded OraQ secures $2.6 million to help assess patient risk with AI
Losing his Calgary dental practice to 2013 flood turned OraQ’s CEO into an entrepreneur.
DémultiplIA will connect AI startups with academic research (for a price)
Participation in the Québec-backed program will cost startups $105,000 over three years.
BDC hopes to reverse trend of declining Canadian entrepreneurship through Community Banking initiative
BDC will back local lending partners with co-lending, indirect lending, loan guarantees, and advisory services.
Noble closes $15-million USD Series A to fuel growth of its digital asset issuance platform
Web3 startup aims to help stablecoin issuers after the “carnage” wrought by Terra’s 2022 collapse.
Lightstrike raises $1.1 million CAD pre-seed round to commercialize AI-powered code mapper
Round leader Sprout Fund helped Lightstrike founders “mature at a breakneck pace.”
Sonaro, Celestra, Oasis Learning AI among competition winners at SAAS NORTH 2024
Startup winners collectively took home more than $600,000 from the conference.