Mash raises $7.5 million CAD to help builders, developers, and creators monetize
Mash wants to help creators generate cryptocurrency revenue.
Funding
Accelerator Centre secures $10 million from FedDev Ontario for venture studio program
Participating startups can receive up to $100,000 in seed funding.
CanCode doles out $1.1 million to digital literacy training group Grandir Sans Frontières
GSF aims to create over 8,000 tech training opportunities for youth.
Parvis raises $2.6 million seed round for blockchain-enabled real estate investment management platform
Parvis’ direct-to-investor platform is set to launch later this summer.
Québec’s innovation minister “not happy” with province’s R&D commercialization
With new $7.5 billion SQRI2 strategy, Minister Pierre Fitzgibbon aims to close the productivity gap with Ontario.
Penny AI raises $33.9 million CAD Series B to expand direct sales solution
Penny’s platform supports sales consultants in over 60 countries and 25 languages.
Alberta Innovates invests cumulative $9.1 million to 15 projects focused on tech ecosystem growth
Alberta Innovates also set to invest $2 million into program for reusing plastics.
Platform Innovation Centre promised $3.3 million in provincial, municipal funding ahead of official launch
The Centre is set to officially open on June 6.
BC startups Kardium, HTEC, Kobalt, Symvivo receive cumulative $11.1 million from feds
The four recipients operate in the life sciences, cleantech, and digital sectors.
Inossem raises $3.5 million CAD to bolster R&D, add engineers
Inossem aims to help Canadian mid-sized businesses with business automation.
Manzil looks to expand Halal financial services platform with $2.44 million CAD, acquisition of Muslim Will
Manzil’s mandate is “to bring a digital Islamic financial institution to Canada.”
Pine comes out of stealth to build “Wealthsimple for home buying”
Pine has secured $27 million since it was founded in 2021.
Mara Renewables raises $39.5 million to expand algae-based offerings
Mara wants to promote use of Omega-3 from under the sea.
Able Innovations announces $7.5 million to take the pain out of patient transfer
Amid staffing shortages, Able aims to enable healthcare workers to “do more with less.”
Memorial University to launch two innovation initiatives with support from feds, provincial government, IBM Canada
IBM’s contribution includes hardware, software, staffing.