Michael Hyatt-backed BrokerPlus launches to disrupt “antiquated” mortgage industry
Surf co-founder and former Boardy colleague want to empower brokers with AI.
Funding
Feds and City of Toronto to establish new sports tech hub at TMU
Toronto accelerator program is expected to support as many as 60 sports tech startups.
Picketa raises $2.1 million to help farmers make the most of their fertilizer
Fredericton-based AgTech startup can analyze crop health on the spot.
MDA Space, Calian, and Kepler tapped to lay groundwork for Canada’s next-gen satellite system
Companies awarded $2.4 million to develop ground systems behind RADARSAT+.
Maneva raises $27-million USD Series A to expand AI vision in manufacturing
Capital will be used to scale into North America, expand into Asian markets.
Koho becomes Canada’s latest unicorn following $130-million Series E round
FinTech firm passes 2.5 million users as it navigates “final stages” of acquiring banking licence.
Nesto secures nearly $1.5-billion valuation in new Series E round
Montréal-based digital mortgage lender wants to speed up approvals using AI.
AI rollup company Beacon closes $225-million USD Series C round
Toronto holding firm fuels up to continue software acquisition spree.
NORAM Electrolysis Systems nabs $5.6 million to scale up lithium refining
Funding will support development of next-generation electrochemical lithium refining platform.
DataBraid secures $1.9 million USD to solve insurance brokers’ “portal hopping” problem
Brainchild of Koru and Scoop aims to solve the quiet inefficiency eating away at brokers’ margins.
Pricepoint closes $6.6-million CAD seed round for AI hospitality platform
All-Québec cap table includes Brightspark Ventures, Boreal Ventures, and AQC Capital.
Canada’s AI strategy looks to shift government from startup supporter to stakeholder
New $500-million fund will take equity stakes in promising Canadian AI firms.
Scispot closes $8-million USD Series A to become the operating layer for life sciences labs
Singh brothers aim to provide the infrastructure to power self-driving labs.
Mecka AI announces $60 million USD to power physical AI
Canadian-led startup aims to build “the data and deployment layer” for robotics.
Version One Ventures raises $108 million USD across two new funds
But Vancouver-based deep tech investor is increasingly looking outside of Canada.