Thales to build cybersecurity hub, hire 110 people in Fredericton with government funding
The hub will also house Thales’ North American cybersecurity centre.
Funding
Ocean Supercluster tops up 16 projects with $23 million to drive commercialization
Ocean Supercluster wants to strengthen, grow supply chains while accelerating commercialization.
Flash Forest raises $11.4 million CAD to support reforestation using drones and AI
Manual reforestation can be labour-intensive, but this startup claims it can be done in a flash.
Yield Exchange raises $700,000 CAD to simplify access to guaranteed investment certificates
Yield Exchange won two pitch competitions at SAAS NORTH 2022, taking home $110,000.
AI beauty lab Omy raises $11 million CAD to expand personalized skin care product line in North America
Omy launched its AI virtual skin consultant in 2020.
Certn targets global expansion of background check tech with $30 million USD Series B extension from EDC
M&A key part of Certn’s strategy as it looks to expand in Europe, Africa, Asia.
Medfar secures $30 million CAD, looks to acquire more electronic medical record software providers
Medfar was built by two aeronautical engineers who wanted to digitize health clinics
Optable raises $26 million CAD to help companies improve advertising campaigns
Optable is backed by a group of corporate venture investors.
Fairly AI raises $2.2 million CAD to help AI firms comply with forthcoming regulatory requirements
Fairly wants to accelerate the broad use of fair and responsible AI.
BDC launches $150 million Sustainability fund in revamp of Industrial, Clean and Energy Technology Venture Fund
The Sustainability Venture Fund is set to complement BDC’s $400 million Climate Tech Fund.
Miovision acquires Global Traffic Technologies, raises $260 million from Telus, Maverix, EDC
Miovision is buying Global Traffic Technologies for $107 million USD.
Tab Commerce closes $1 million USD to help restaurants manage expenses
After growing up in the industry, Tab Commerce’s CEO has returned to his roots.
Kepler Communications raises $122.7 million CAD to launch more high-speed satellites
Kepler’s low earth to orbit satellites reportedly deliver speeds of 2.5 gigabytes per second.
Regina-based parking validation app Offstreet closes $1.2 million seed round
The app removes the need for human-verified parking exemptions.
ChargeLab secures $15 million, commercial partnerships with electric vehicle companies to expand US presence
ChargeLab touts itself as “the Android of EV charging.”