Private equity firm Novacap closes seventh and largest tech fund
The nearly $3.8-billion USD fund continues “disciplined” tech buyout strategy.
Funding
As vacancies rise, Padder aims to insure rent payments for tenants who may not fit the traditional mould
Former Zensurance employee looks to bring “guarantor-as-a-service” offering to Ontario.
Alberta-made robots are helping keep this Vancouver shipyard safe
Confined Space Robotics partners with Seaspan Shipyards to make working in tight spaces less dangerous.
A16z speedrun alum General Magic secures $7.2 million USD to make calling your insurance company less of a slog
Toronto startup’s AI agents communicate with customers through text message.
Mecademic secures $21 million to bring its tiny industrial robots to the world
Funding will help expand Montréal headquarters and ramp up hiring in US, Europe, and Asia.
Feds announce $6.5-million investment in Alberta defence manufacturing
Zero Point Cryogenics and Logican Technologies earn PrairiesCan investments to shore up defence supply chains.
Toyo raises seed funding to further develop “OpenClaw for founders” tool
Company’s $4.3-million USD raise will help it give business leaders’ busywork to AI agents.
“The world has changed”: Canada’s new Defence Industrial Strategy aims to reduce US dependency
PM lays out plan to buy domestically and partner with “trusted allies.”
From client to cap table: Shakudo converts customers into investors with $7-million USD raise
New backers with ties to Loblaw and CentralReach invest in Toronto startup.
Feds’ $6.6-billion Defence Industrial Strategy takes aim at building a “robust” Canadian defence sector
DIS outlines a “build-partner-buy” framework and plans to name “national champions.”
Alberta invests $28 million in six projects to improve environmental outcomes
Funding comes from province’s industrial carbon pricing revenue on large emitters.
Kainova closes $32 million to advance cancer and inflammation therapies
New backer Investissement Québec led the first close of the biopharma firm’s Series B round.
The feds asked investors for candid feedback on BDC. It was never actioned
BetaKit-obtained 2023 report outlines private-sector grievances with Canada’s largest VC.
Modem closes $4.4-million USD pre-seed round to help developers ship faster
Co-founders from Sentry, Cohere back Toronto startup’s AI product management platform.
Taiv wants to let you choose your own TV ads
Winnipeg startup closes $13-million USD to expand across North America.