IBM Canada to launch innovation centre in Calgary, hire 250 staff
The Calgary innovation centre could reach up to 430 hires.
Funding
Cadence closes $1.2 million to ease the administrative burden for grieving families
Backed by Conexus, Lex Capital, The51, Cadence aims to expand across North America.
Triptyq Capital launches fund to fill financing gaps in Québec’s creative economy
Triptyq wants to help in creating 20 startups.
Tablz closes $3.2 million CAD to bring premium seating to the restaurant industry
Tablz wants to monetize restaurant tables like airplane seats.
Maxa raises $2.9 million CAD to help businesses automate resource planning
Investor says ERP space is “ripe for change.”
Goeasy plans to leverage its LendCare acquisition with online car sales startup Canada Drives
Financial services company makes $40 million equity investment, joins Canada Drives’ board.
Mercator AI raises $1 million CAD to fuel North American expansion
Startup uses AI to generate early leads on construction projects for general contractors.
Alberta Innovates launches $10 million agri-food, bioindustrial funding program
Applications are open to SMEs that show a clear value proposition for Alberta.
Government of Canada invests $506 million into AI, computer science research
University of Calgary, University of Victoria, Memorial University to secure research funding.
Vision Greens raises $7 million CAD for NASA vertical farming tech
The Welland farm wants to take a bite out of the $19 billion global vertical farming market.
Beehivr secures $1 million from Investissement Québec to launch digital sales room solution
Beehivr aims to help more businesses maintain lasting relationships with clients.
Parallelz raises $3 million to challenge how app stores deliver, distribute apps
“Soon, sharing a mobile app will be as easy as sharing a meme.”
Sagard hits $400 million CAD goal for private equity fund
Firm plans to continue raising capital for the fund.
Ataccama secures $150 million from Bain Capital’s Tech Opportunities Fund
The Toronto data management startup cuts ties with bootstrapping.
Autozen secures $5.1 million to expand car marketplace in Canada, US
Autozen has secured over $5.1 million in what it described as an oversubscribed seed round.