Alberta Innovates invests cumulative $9.1 million to 15 projects focused on tech ecosystem growth
Alberta Innovates also set to invest $2 million into program for reusing plastics.
Funding
Platform Innovation Centre promised $3.3 million in provincial, municipal funding ahead of official launch
The Centre is set to officially open on June 6.
BC startups Kardium, HTEC, Kobalt, Symvivo receive cumulative $11.1 million from feds
The four recipients operate in the life sciences, cleantech, and digital sectors.
Inossem raises $3.5 million CAD to bolster R&D, add engineers
Inossem aims to help Canadian mid-sized businesses with business automation.
Manzil looks to expand Halal financial services platform with $2.44 million CAD, acquisition of Muslim Will
Manzil’s mandate is “to bring a digital Islamic financial institution to Canada.”
Pine comes out of stealth to build “Wealthsimple for home buying”
Pine has secured $27 million since it was founded in 2021.
Mara Renewables raises $39.5 million to expand algae-based offerings
Mara wants to promote use of Omega-3 from under the sea.
Able Innovations announces $7.5 million to take the pain out of patient transfer
Amid staffing shortages, Able aims to enable healthcare workers to “do more with less.”
Memorial University to launch two innovation initiatives with support from feds, provincial government, IBM Canada
IBM’s contribution includes hardware, software, staffing.
Doctor-founded Cherry Health closes $1.23 million to expand job-matching platform for physicians
Well Ventures, physician-backed Cherry Health aims to build “digital home for doctors.”
Dependbuild, Easy Platter, PragmaClin Research win collective $75,000 from Volta pitch contest
The three startups represent Volta’a 10th cohort for its mentorship program.
Worximity secures $14 million for smart factory analytics tech
Worximity part of the push towards the ‘Fourth Industrial Revolution.’
WeCook raises $40 million to fuel expansion of “ready-to-eat” meal service
Financing from Claridge fund focused on supporting Québec food processing firms.
Led by former Shopify executive, on-demand delivery service Trexity raises $5 million for Canadian expansion
Trexity helped pioneer a subscription delivery service for Kettleman’s Bagel.
Canadian human resources startup Humi secures $31 million Series B
HR execs from ADP and Gusto invested in Humi.