Inovia raises $420 million CAD for fifth early-stage venture fund
Inovia’s Shawn Abbott says it’s a great time to be a well-capitalized VC.
Funding
Babbly secures $3.2 million CAD to scale speech development software for children
The Toronto startup aims to decipher babies’ babbling.
CapIntel closes $14.2 million CAD Series A to fuel US expansion of wealth management sales platform
With help of US-based FinTech Collective, CapIntel aims to build on Canadian growth.
FinTech startup Swoop raises £5.4 million to target US expansion through Canadian office
Irish company swooped into Canada last year after seeing country’s commitments to open banking.
University of Waterloo quantum expert-led EvolutionQ aims to help orgs “prepare for the quantum age”
As quantum computing race heats up, EvolutionQ secures $7 million CAD for quantum-safe cybersecurity.
Flare Systems eyes US expansion following $9.5 million Series A funding
Flare wants to offer enterprise-grade tools to mid-sized companies.
Alberta government to invest $23 million for quantum hub at University of Calgary
The hub aims to create 26,000 jobs across Alberta by 2040.
Orna raises over $1 million in seed funding to bolster AI-powered cybersecurity platform
Orna is working on using blockchain tech for secure data storage.
Delphia closes $60 million USD to improve AI-driven investment platform with user-owned data
Delphia taps into crypto as reward for users that provide data.
VirgoCX receives CSA exemption as parent company secures $10 million
As VirgoCX secures regulatory exemption in Canada, it eyes global expansion in Australia, UK.
Thin Air Labs secures $20 million in initial close of Prairie-focused venture fund
The Prairie tech firm has targeted $100 million for first fund.
Vybe Network raises $13.1 million CAD for Solana blockchain data infrastructure solution
Vybe aims to make it easy for anyone to access data on Solana.
IntelliSports raises $2.5 million for gamified fitness app PlayFitt
New York Jets’ guard bets on Montréal-made fitness video game.
PayShepherd closes $3.8 million CAD to fuel North American expansion of contractor billing solution
Calgary FinTech firm aims to spot billing mistakes before it’s too late.
Starting with Ontario, Kruzee aims to become North America’s leading online driving school
Ratehub, Juno College alum-led Kruzee gears up for launch with $500,000.