FLO charges ahead with $136 million CAD to expand network, product line
EV charging firm sees support from EDC, CDPQ, Investissement Québec, and more in latest financing round.
hardware
Surveillance hardware tech startup Vosker secures $171.2 million CAD in debt financing
Startup develops solar-powered remote-monitoring cameras that work without Wi-Fi or electricity.
Hunting remote sea mines helped Kraken Robotics’ revenue swell in Q1
Firm helping the Canadian Navy identify and dispose of underwater explosives off Canada’s coasts.
Clarius Mobile Health partners with Novartis to deploy ultrasound scanners to Canadian rheumatologists
Clarius’ handheld device will be used to support the early detection of psoriatic arthritis.
Xanadu’s Christian Weedbrook is raising another $200 million to build a quantum data centre
The CEO of Canada’s quantum unicorn is very optimistic about the country’s innovation potential.
Gatik secures $41 million CAD from Isuzu Motors as pair expands partnership to build autonomous trucks
Japanese automaker and tech firm with Canadian ties gear up to deliver driverless trucking.
Relocalize closes $2.3 million to decarbonize the food supply chain with micro-factories
Starting with Florida, Relocalize aims to take its ice-making tech across the southern US.
Propel unveils latest Atlantic Canada cohort, ventureLAB opens applications for semiconductor incubator
Both accelerators recently received federal funding to continue their operations.
Feds, province contribute nearly $85 million to IBM’s Québec semiconductor expansion plans
The funding is part of IBM’s $1-billion plan to develop its operations in Bromont.
Sanctuary AI reveals seventh-generation robot it calls “analogous to a person”
The latest robot includes improvements to automation speed, range of motion.
Forcen closes $8.35 million in funding to develop its touch-tech for robots
The round was co-led by Brightspark Ventures and BDC Capital’s Deep Tech Venture Fund.
Swtch Energy secures $27.2 million USD to continue deployment of EV chargers for multi-unit buildings
Round leader Blue Earth Capital said Swtch’s focus is a market opportunity to grow the clean energy economy.
Untether AI to collaborate with semiconductor giant Arm on smart vehicle solutions
Untether says its energy efficient architecture is needed to support next-gen vehicles.
Electronics startup SmartD Technologies powers up with $14.2-million Series A
Startup looks to reinvent motor control with Clean Power VFD.
Avidbots launches Kas, a smaller cleaning robot targeting new markets
Avidbots has slimmed down for hot bot summer.