Opportunity Calgary Investment Fund’s new Express stream invests $3.5 million of fast funds across 23 companies
ZayZoon, Carbon Upcycling, CoolIT Systems plan to hire and train personnel with capital injection.
Funding
Biotech Intrepid Labs exits stealth with funding from Radical Ventures and Avant Bio
University of Toronto spinout looks to fast-track drug formulation with machine learning and robotics.
Imperial Oil donates $37-million lab to SAIT for energy research
Gift to Alberta college plans to help advance applied research while connecting students with experts.
Ontario invests $56 million to power “homegrown” automotive and mobility companies amid trade war
Provincial government wants domestic companies to play global roles in electric and autonomous vehicles.
Anges Québec looks to expedite early-stage rounds with co-investment angel fund
Elevia Fund plans to deploy between $1 million to $3 million every year across eight to 10 startups.
Amilia raises $35 million led by Vertu Capital to help more community centres manage operations
Management and payments platform supports 6,600 recreation facilities across North America, including the YMCA.
Active Impact Investments holds $110-million final close for third climate tech seed fund
Managing partner says firm chose to execute strategy over extending fundraise to hit original $120 million target.
Unblocked raises $27.5 million Series A to make sure developers actually understand their code
Unblocked looks to bridge the knowledge gap as AI-generated code becomes commonplace.
University of Calgary becomes XPrize Foundation’s first international hub
Alberta and Calgary governments each gave $1.5 million to the initiative.
Exterra secures $20-million Series A to turn mining byproducts into decarbonization gold
Cleantech company hopes to open Québec asbestos mitigation plant by 2027.
General Fusion lays off staff, looks for funding as capital suddenly runs dry
Trade tensions and hesitant investors threw the company into uncertainty.
WonderFi co-founder’s new startup xTAO to list on TSXV following merger with Adrianna Ventures
Decentralized AI company hopes to raise $10 million USD via private placement.
Opportunity Calgary Investment Fund receives $60 million to scale local businesses
Four-year initiative aims to scale local companies and attract talent.
Dozr founding CEO Kevin Forestell moves to chair while Dave Frazier joins as president
Frazier brings combo of construction and tech experience to Kitchener-Waterloo scaleup.
Veerum raises $12-million Series B to create “digital twins” for heavy industry
The startup helps oil, energy, and construction companies visualize their operations.