Forma.ai raises $57.8 million CAD in Series B round for sales compensation platform
Forma aims to turn sales compensation into science using AI.
Funding
OMERS Growth Equity backs US data analytics startup Imply in $100 million USD Series D
OMERS says Canadian-led Imply faces “a multi-billion dollar opportunity.”
Meet the biotech startup that received funding from both Garage Capital and Maple Leaf Foods
Evolved Meats claims to have “the meat people want.”
CarbiCrete tops up Series A funding to $23.5 million
Originally developed at McGill University, CarbiCrete’s tech produces cement-free, carbon-free concrete.
Alberta IoT secures $1.5 million from PrairiesCan, Alberta Innovates for accelerator programs
Alberta IoT’s funding is the latest in several government commitments to Alberta’s tech sector.
Vector Institute awards nearly $2 million in scholarships for Ontario AI students
Vector wants to take a bite out of the tech talent crunch.
White Star Capital, Coveo alum-led Lighthouse Labs closes $9.1 million CAD to build a search platform for the metaverse
Montréal’s Lighthouse Labs aims to “be the Google” for virtual worlds. What the hell does that mean?
Volley founder aims to leverage Andela experience to build similar model for sales talent
Volley aims to fill top-of-funnel sales talent gap for B2B SaaS companies.
Used vehicle marketplace Clutch secures $150 million in debt from Neuberger Berman to expand its fleet
Clutch claims thousands of pre-owned vehicles are for sale on its marketplace.
Certn raises $65.1 million CAD to scale background check tech beyond Canada
With fresh funds, Certn plans to hire 160 new roles this year.
Dapper Labs launches $725 million ecosystem fund for Flow blockchain innovation
The fund is a joint commitment with participation from a16z, Coatue, Coinfund, others.
Georgian backs Vention again in $123.7 million CAD in Series C round
This is the second Georgian-led round for the industrial tech startup.
Maverix leads $83.5 million USD investment in Shopify-focused ecommerce aggregator Agora
The investor that bet on Shopify is now betting on Shopify stores.
Tengiva closes $5 million to tackle supply chain issues in the textile industry
Investor says Tengiva is “at the right place at the right time.”
Tilr secures $1.3 million grant from Ontario through Skills Development Fund
Tlir is one of over 200 companies financed in the second SDF round.