Glen Ventures lands $5 million CAD from IQ fund to back early-stage healthtech startups
VC firm to raise dedicated fund in new year separate from government mandate.
Healthtech
Fluid Biomed closes $27-million USD Series A to fund expanded human clinical studies
University of Calgary neurosurgeons aim to deliver a better brain stent.
Alberta Enterprise Corporation launches Accelerate Fund IV with $15 million to back early-stage tech startups
First close from AEC brings Fund IV more than halfway to its $25-million target.
Aramis Biotechnologies secures $80 million CAD for vaccine development do-over
Former staffers from Medicago get another shot at vaccine development with renewed backing from federal government.
KisoJi raises $57-million CAD Series B to advance antibody cancer therapy
Montréal-based biotech company using AI to boost antibody identification platform.
Trexo Robotics has helped children with disabilities take 100 million steps
Device is meant to assist those with cerebral palsy and other leg mobility-affecting conditions.
British Columbia deploys combined $9.2 million into projects tackling climate, nutrition, health and more
Funding recipients include Ekona Power, Wildfire Robotics, and Ideon Technologies.
Belgian VC Theodorus relocates to Canada under new name to target early-stage life sciences startups
Rebranded to Seido Capital, the firm has secured $45 million towards its fifth fund.
Montréal-founded FightCamp launches Peloton-style boxing lessons in Canada
At-home boxing platform designed by Montréal Founder Institute graduate Khalil Zahar.
Practice Better looks to opportunistic growth with $18-million CAD credit facility from CIBC
After honing its AI tools and payments offering, the startup is seeking new ways to help practitioners grow.
Dentists helping dentists: Clinician-founded OraQ secures $2.6 million to help assess patient risk with AI
Losing his Calgary dental practice to 2013 flood turned OraQ’s CEO into an entrepreneur.
FDA clears drug for rare and deadly GI cancer developed by Canadian firm Zymeworks
Co-founder of Zymeworks calls approval “the dream that many said was not possible.”
Elon Musk-owned Neuralink receives permission to recruit for Canadian medical trial
Toronto Western Hospital is the exclusive Canadian surgical site for the experimental brain implant.
University of Waterloo’s Velocity moves out of the Garage & into the Arena
Six years in the making, UW’s startup incubator has a new home in the Innovation Arena.
Canadian-led Medeloop closes $15.5 million USD in Inovia-led Series A round
The founder of exited startup Medesync wants to accelerate clinical research with AI.