New Life Sciences Fund and leadership churn reveal continued reset at BDC
Growth Venture Fund leader is out nine months after BDC allocates $1 billion and expands mandate.
Healthtech
CereCura secures $1.4 million to tackle brain disorders with COVID-era vaccine tech
UBC spinout aims to conquer blood-brain barrier to improve protein delivery to the brain.
BenchSci inks multi-year partnership with Mila to develop AI for drug discovery
Collaboration aims to build AI systems capable of biological inference and experimental assay prediction.
Fewer, larger financings give Canadian VC a boost in Q3 as domestic PE stays hot
CVCA says rise in growth investment “a good sign” but early-stage VC activity continues to lag.
Maple expands virtual mental health care through Beyond ADHD acquisition
Virtual care provider buys New Brunswick platform to improve ADHD offerings.
Black-led startups secure record-breaking $400,000 at DMZ’s Black Innovation Summit
OutreachGenius, Happly.AI among winners taking home more money than ever before.
Sparrow BioAcoustics raises $10 million to scale smartphone stethoscopes across North America
Healthtech startup’s app turns smartphones into a Health Canada-approved stethoscope.
Maple Bridge Ventures raises $10 million for fund backing immigrant entrepreneurs
Fund will support immigrants building early-stage AgTech, food tech, and healthtech startups.
Neo Financial completes first-ever hat trick of Deloitte Technology Fast 50 rankings
Together, 2025 winners averaged a three-year revenue growth of 2,623 percent.
Felix Health raises $53 million in growth financing to get more “aggressive” in telehealth
Newly profitable Toronto startup aims to scale operations before generic weight loss drugs arrive in Canada.
Spring Impact Capital closes $14-million fund to grow Canada’s climate and healthtech ecosystem
The Vancouver impact fund has already invested $2 million across eight Canadian startups.
ABK Biomedical raises $35 million USD to bring liver cancer treatment to market
Series D funding will support commercialization of Halifax company’s Eye90 microspheres.
Pawsible Ventures looks to sniff out opportunities in pet health
Vancouver-based studio’s inaugural fund is fetching $10 million to help build pet health startups.
BDC Capital’s Cheri Corbett joins Pender Ventures as partner
Calgary-based Corbett joins a month after Isaac Souweine left the fund.
At Elevate, founders call out barriers holding back Canadian healthtech
Entrepreneurs say slow policy and weak procurement limit Canadians’ access to aging and fertility tech.