Innovate BC awards $2.3 million to eight R&D projects
Terramera, HTEC among recipients of this year’s funding.
Funding
Halp secures $5.5 million CAD to help international students study abroad
Backed by Serena Williams’ venture fund, Halp has amassed an 18,000 family waitlist.
InBC reveals direct, indirect investment strategy for $500 million fund
InBC is allocating funds for every stage from pre-seed to Series C, and beyond.
Tobi Lütke, Round13 part of $40 million USD Series A for blockchain gaming startup Horizon
Web3 and traditional gaming companies like Ubisoft, Take-Two also invested in Horizon.
Carbon6 closes $88 million CAD Series A to consolidate “fragmented” e-commerce software space
Starting with Amazon, Carbon6 aims to buy and build more tools for marketplace sellers.
Two Small Fish goes big with third fund, targets $40 million CAD final close
The firm’s investments include SkipTheDishes and Sheertex.
Smart business card startup Ovou wins $110,000 at 22nd New Ventures BC competition
New Ventures BC gave out a cumulative $250,000 in prize money across eight winners.
Bootstrapped to date, Field Effect closes $41 million CAD Series A to expand SME-focused cybersecurity business
Led by a former Communications Security Establishment researcher, Ottawa firm plans to invest in sales and marketing.
Ownly secures $2.55 million, aims to become “Shopify for real estate”
Calgary startup aims to help “old school” real estate developers sell new homes.
HelloSafe secures $4.2 million to expand its financial comparison solution across Canada
HelloSafe claims over one million monthly users in Canada.
Numida secures $16.7 million CAD in Serena Ventures-led round to equip more African SMEs with working capital
The loans startup plans to expand its services beyond Uganda to across Africa.
Avidbots closes $70 million USD Series C round to grow fleet of commercial cleaning robots
Avidbots will also open a new, 70,00 square foot headquarters in Kitchener-Waterloo.
Giatec receives $5 million from BDC Capital’s Cleantech Practice to bolster concrete testing tech
Giatec’s clients include construction firms like AECOM, McCarthy.
Creator Jacket, Litus named winners in Elevate 2022 pitch competitions
Creator Jacket won $15,000, while Litus secured $100,000 from The Firehood.
Cognitive 3D secures $2.5 million to help companies better understand immersive experiences
Startup uses analytics in 3D environments to research consumer behaviour.