Innovate BC opens applications for startups to receive up to $300,000 for R&D
Innovate BC’s Ignite program has awarded 34 projects with a cumulative $8.5 million.
Funding
Sprout.vc closes initial $10 million for second Western Canada-focused seed fund
Sprout.vc aims to sow seeds for more B2B software startups to grow.
Innovation Guelph awarded $10 million from federal government for cleantech program
Businesses can receive up to $30,000 to bring tech to market.
Cyno secures $2.3 million seed round to bolster virtual care for employees
Cyno users can choose between individual or group health services.
Userful secures $10 million for tech that centralizes brands’ visual network
NASA, Nestlé, among over a thousand companies using Userful’s visual networking platform.
Shipfusion secures $51.2 million CAD to expand warehouse network to Dallas, New Jersey
Canadian-based Shipfusion wants to win big in the US fulfillment market.
Part3 closes $625,000 to help architects manage construction projects
As wave of construction tech solutions target contractors, Part3 serves architects.
Yuan Shi joins The51 as Food and AgTech Fund targets $50 million
Shi launched the climate stream at CDL-Vancouver.
Yamaha Motor Ventures leads Verge Ag’s $7.5 million Series A round to scale precision farming tech
Verge Ag wants to help farmers plan(t) ahead.
Stellar, Genesis among crypto orgs backing Stablecorp in $1.9 million CAD round
Stablecorp wants to increase transparency, security in blockchain transactions.
Terramera receives $1 million from BC to measure carbon levels in soil
Terramera wants to spread regenerative farming techniques across BC.
Swtch Energy secures $16.5 million CAD to expand its electric vehicle charging network to the US
Swtch wants to bring inexpensive EV charging to low income communities.
Technation receives $60 million from Government of Canada to support its student hiring program
Since its inception, the program has secured more than $230 million in overall funding.
Think Research to continue acquisition spree with new $25 million credit facility
Think Research has been actively purchasing companies since its TSXV debut.
Québec government grants $16 million to support quantum innovation at Université de Sherbrooke
PINQ2 aims to connect industries and the research community through quantum computing.