Supportbench secures $1.9 million CAD to become Zendesk for B2B companies
First step? Convince investors that B2B customer support could be better.
Funding
Neo Financial joins Canada’s unicorns as Peter Thiel’s Valar triples down with $185 million round
Wealthsimple had Paul Desmaris to fuel its growth; Neo has Peter Thiel.
CFIN, Ontario Genomics reveal winners of cumulative $900,000 for food innovation research
Winners aim to replicate the taste, feel, and smell of meat without any meat.
Boundless Life secures $2 million seed round to help families transition to digital nomad lifestyle
Boundless claims no competition, targeting aspiring digital nomads with children.
PayTic raises $2.95 million to help banks, credit unions centralize program management
PayTic wants to remove Excel spreadsheets from payment reconciliation.
Tailscale closes $128 million CAD Series B to scale VPN service, amass more developer evangelists
Amid a sea of top-down network security solutions, Tailscale’s bottom-up approach is paying dividends.
Alberta government launching internal AI lab powered by AltaML
The government calls this the first public AI lab in Alberta.
Untether AI secures $1 million for partnership with General Motors
Untether and General Motors on a mission to help cars see better using AI.
Pocketed co-founders pocket $25,000 prize money in pitch contest for women entrepreneurs
Pocketed, which helps businesses find grants, gets granted with $25,000.
Innovate BC opens applications for startups to receive up to $300,000 for R&D
Innovate BC’s Ignite program has awarded 34 projects with a cumulative $8.5 million.
Sprout.vc closes initial $10 million for second Western Canada-focused seed fund
Sprout.vc aims to sow seeds for more B2B software startups to grow.
Innovation Guelph awarded $10 million from federal government for cleantech program
Businesses can receive up to $30,000 to bring tech to market.
Cyno secures $2.3 million seed round to bolster virtual care for employees
Cyno users can choose between individual or group health services.
Userful secures $10 million for tech that centralizes brands’ visual network
NASA, Nestlé, among over a thousand companies using Userful’s visual networking platform.
Shipfusion secures $51.2 million CAD to expand warehouse network to Dallas, New Jersey
Canadian-based Shipfusion wants to win big in the US fulfillment market.