BoostSecurity emerges from stealth with $12 million CAD to automate cybersecurity for DevOps
Two veterans in the application security space want everyone to deliver software at large scales.
Funding
Cyclica receives $2.4 million CAD grant from Bill & Melinda Gates Foundation
The grant is helping develop new, hormone-free contraceptives.
Attabotics secures $95 million CAD from EDC, Ontario Teachers’ to scale its warehouse robots
With new robot built, Attabotics CEO says “the hard part’s done.”
FreshBooks, Plusgrade, Day & Ross among six Scale AI projects to receive $25 million
Funded projects vary in applications, from the travel industry to accounting.
Tech4SickKids raises almost $51,000 in second annual virtual auction
The campaign has raised $9 million of its $25 million goal.
FinTech investor Holt Xchange launches fund at intersection of Web3, sports media, entertainment
Advisory council includes DeMar DeRozan, Raine Maida, and Milos Raonic.
Customer experience platform Alida secures $60 million USD credit facility
With a new Edmonton office, Alida sets sights on the rest of North America and beyond.
Xanadu closes $100 million USD Series C as quantum computing firm becomes Canada’s latest unicorn
Xanadu wants to bring the first commercially available quantum computers to market.
Wyvern raises $9.45 million CAD in seed-plus round
Satellite imaging startup begins countdown to inaugural launch.
Federal government invests $2.4 million in P&P Optica to help meat processors automate food safety
PPO’s systems can detect and remove objects like plastics, rubber from food.
Hopper closes $96 million USD from Capital One at more than $5 billion valuation
Capital One became Hopper’s first B2B client in 2021 after leading its Series F round.
With VCCI commitment, Kensington Capital Partners targets $290 million third venture fund
With renewed mandate from Government of Canada, Kensington aims to nearly double its previous fund.
Google opens new Montréal office, commits $2.75 million to Québec tech
Google finally opens new Montréal office after big 2020 commitment to expand in Canada.
Audette raises $12.8 million CAD to ‘level up’ decarbonization of buildings
The Victoria-based startup plans to expand from five to 150 North American cities.
Hopeful Evernote competitor Nook raises $2.39 million CAD pre-seed round
Ottawa note-taking app’s investors include angels from Apple, LinkedIn, Rewind, Shopify.