InBC announces first three venture fund investments: Evok Innovations, Raven Capital, Yaletown Partners
InBC backs trio of VC funds focused on climate change, reconciliation, and innovation.
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Movement51, CIWA secure $861,980 from PrairiesCan to support women entrepreneurs, investors
The funding is expected to help increase women-owned and led businesses in the Prairies.
Statements from Alberta innovation minister cast doubt on return of investor tax credit
Glubish: “the AITC was not working to create long-term sustainable tech companies.”
MedTeq, Age-Well receive $47 million from SIF to deliver tech meant to help seniors, caregivers
The funding supports projects focused on seniors’ autonomy, healthy lifestyle.
BC appoints Brenda Bailey as new innovation minister in cabinet shuffle
Bailey has strong ties to the province’s tech sector, founding a video game studio in 2011.
Provincial government taps Novari Health to help reduce pandemic-fuelled surgical backlog in Eastern Ontario
Novari Health-built platform aims to cut surgery wait times.
Sanctuary secures $30 million from Canada’s SIF to build robots with human-like intelligence
The AI startup is expected to hire more than 160 employees.
Federal government’s Climate Action and Awareness Fund invests $58 million into 24 cleantech projects
Volkswagen fines fuel climate projects at Canadian universities.
BluWave-ai, Tehama receive collective $4.4 million from FedDev Ontario for product development, hiring
The federal government investment is expected to create 85 jobs in the Ottawa region.
FreshBooks, Plusgrade, Day & Ross among six Scale AI projects to receive $25 million
Funded projects vary in applications, from the travel industry to accounting.
Federal government invests $2.4 million in P&P Optica to help meat processors automate food safety
PPO’s systems can detect and remove objects like plastics, rubber from food.
CCI laments lack of detail on SR&ED, innovation agency as feds share economic update
Fall Economic Statement indicates projects are underway, but not at a pace the innovation community likes.
With VCCI commitment, Kensington Capital Partners targets $290 million third venture fund
With renewed mandate from Government of Canada, Kensington aims to nearly double its previous fund.
BDC commits $400 million for second cleantech-focused fund
Climate Tech Fund II focuses on reducing greenhouse gas emissions.
CIFAR appoints 8 new AI chairs as Pan-Canadian Artificial Intelligence Strategy enters phase two
CIFAR is responsible for implementing the $443 million federal AI strategy.