Spellbook, formerly Rally, raises $10.9 million to automate legal contracts using generative AI
The company is rebranding as part of a new focus on its AI tool and strategy.
Funding
BenchSci closes $95-million CAD Series D to expand AI drug-discovery platform
BenchSci aims to help pharma companies speed up R&D using AI.
Locorum raises $1.2 million to help local service businesses grow through referrals
Locorum’s platform rewards customers for hiring local service providers.
Novisto closes $27-million CAD Series B to help companies improve their ESG reporting
Novisto gears up for growth as shareholder ESG pressure heats up.
Tough Commerce raises $2 million to become Shopify for “complex” industries like construction
A former Shopify engineering lead joined Tough Commerce as investor, board member.
Energy management startup Peak Power raises $47 million CAD to expand across US
Peak Power to expand energy storage tech as new US tax incentive drives adoption.
Stathera closes $20 million CAD Series A to commercialize semiconductor timing tech
CEO: tech will help wearable IoT device manufacturers save space, simplify supply chains.
Withe raises $1.1 million in mission to address hospitality hiring challenges
The Vancouver-based software startup lists Marriott International as one of its users.
Bloom raises $7 million to make applying for reverse mortgages easier
Bloom combines the use of an online registration form and live customer service.
Small business banking platform Vault launches with backing from Google’s Gradient Ventures
Vault’s co-founders have previously worked at Revolut, Koho.
ChrysaLabs raises $15 million to help farmers unearth soil data using AI
ChrysaLabs’ soil-testing tech has been used on over two million acres of farmland.
Boast.ai report maps government tax, grant programs available for small businesses
Companies can combine SR&ED with other funding programs.
Koïos Intelligence raises $6.5 million to expand conversational AI assistant for insurance brokers
Koïos claims its AI assistant achieves a 30 percent shorter waiting time than call centres.
BDC, Vanedge invest in semiconductor startup Bonsai Micro to create advanced wireless networks
Bonsai Micro’s co-founders come from notable BC semiconductor company PMC-Sierra.
Carbonhound raises $1.3 million help small, medium business get ready for emissions regulations
The startup will help cut carbon as the United Nations says “catastrophic” warming is upon us.