Tribe Network launches $20-million VC fund to invest in early-stage stage businesses led by people of colour
The new fund aims to level the playing field for entrepreneurs facing systemic barriers.
Funding
Synthetic biology startup Ardra is brewing up big plans with its fermentation technology
Despite a tough investment climate and a series of setbacks, Ardra is up to the challenge of precision fermentation.
Micharity targets US expansion for its charitable fundraising platform with $7 million Series A
Following years of steady growth with minimal outside capital, Micharity is ready to ramp up.
Kibbi, a job-finding app for newcomers created by a newcomer, raises $1.1 million CAD
Kibbi partners with agencies and claims 6,000 job seekers as users.
Automotive software maker LeddarTech inks SPAC deal to go public on Nasdaq
CEO hails agreement as “important milestone,” plans to step down.
Water sampling, agtech startups among Ontario Genomics’ first cohort for BioCreate program
Each company will receive $150,000 from Ontario Genomics.
Dapper Labs makes investment in Web3 gaming company GameOn
GameOn is powering Karateka, a game for collecting digital fighters.
Following Alberta launch, insurtech QuickFacts raises $1.13 million CAD to expand across Canada
QuickFacts will launch its solution for insurance-specific workflows this summer.
Wealth management startup OneVest raises $17 million CAD Series A
The startup plans to expand to the US and partner with major banks and wealth-management firms.
Tech talent-sourcing network VanHack secures $3 million for global expansion
While bootstrapped, VanHack said it grew to over 400,000 members.
EvenUp raises $50.5 million in Clio-backed round for AI that turns raw files into legal documents for personal injury lawyers
Bessemer led the round with participation from Bain Capital, Behance founder, among others.
Vive Crop Protection adds $11.2 million CAD extension to Series C to improve efficiency of agricultural chemicals
Vive recently made its fungicide available in Canada to help combat potato crop diseases.
Cohere announces $270-million USD Series C from Inovia, Nvidia, Oracle, Salesforce
Led by ex-Google researchers, OpenAI rival Cohere aims to help firms adopt generative AI.
More than $110,000 in investments awarded to startups at Inventures 2023
The Calgary conference wrapped up its fourth in-person event with more than 3,000 attendees.
Soar reveals its Indigenous entrepreneur-focused accelerator’s first cohort
The program is delivered in partnership with Square, BDC, and Futurpreneur.