Innovobot holds initial close of targeted $40 million fund to invest in “deep tech for good”
The fund has secured $14 million from entrepreneurs and family offices.
hardware
UgoWork closes $22.8 million Series B to help expand the use of lithium-ion batteries in Fortune 500
Canada ranks second in Bloomberg’s lithium supply chain ranking.
AgTech startup Ground Truth secures $4 million to improve grain analysis for farmers
Seed round: startup’s technology will allow farmers to make sound investment decisions.
Attabotics secures $95 million CAD from EDC, Ontario Teachers’ to scale its warehouse robots
With new robot built, Attabotics CEO says “the hard part’s done.”
Wyvern raises $9.45 million CAD in seed-plus round
Satellite imaging startup begins countdown to inaugural launch.
Avidbots closes $70 million USD Series C round to grow fleet of commercial cleaning robots
Avidbots will also open a new, 70,00 square foot headquarters in Kitchener-Waterloo.
Network software startup Kaloom secures $27.4 million CAD from Québec government, Alternative Capital Group
Kaloom plans to expand in Japan, recently registering its business in the country.
Direct-C closes $3.9 million Series A from Henkel and GreenSky to scale oil leak detection tech
University of Calgary spinout sees applications for its tech beyond oil and gas.
VentureLab receives $1.5 million from municipal government to expand hardware, semiconductor incubator
VentureLab hopes to attract international semiconductor companies to York Region.
Accelerator Centre offers tools and work space for startups at new hardware innovation lab
Waterloo’s Accelerator Centre has opened its new hardware innovation lab in downtown Kitchener. The lab, which opening shortly…
Upverter pitches GitHub for hardware on #TheDisruptors
The latest season of The Disruptors has officially kicked off, and one of the pitching companies demonstrated how a GitHub…
Belleville drone accident shows current regulation gap
We’re going to be hearing a lot of stories about drone accidents in the next couple of years. As we discussed last week,…
Palette takes home Gold UX Design Award from IFA Berlin
Early in September, Palette participated in IFA Berlin, an electronics show based in Europe that attracts 245,000 international…
Vancouver’s Mio Global Shows Off the ‘Alpha’ Strapless Heart Rate Wearable
At GROW Conference in Whistler, BC, Mio Global CEO Liz Dickinson engaged in a spirited panel discussion about the future of…
Hardware Projects on Kickstarter Raised Over Five Times More Investor Funding as Those on Indiegogo
A new report has revealed some interesting facts about crowdfunded hardware projects that graduate from Kickstarter and Indiegogo.…