Four new Canadian tech announcements in the Fall Economic Statement that shouldn’t be overlooked
BDC AI funding, procurement reform, money for Black entrepreneurs might have been missed in yesterday’s chaos.
Impact
Realize Capital Partners reveals second round of support for impact-focused funds
Backed by Social Finance Fund, Realize’s latest investments include Amplify, Misfit, and Thrive Impact.
Benevity reports over $140 million donated through its platform this Giving Tuesday
Calgary company sees dip in total donations, but rise in volunteering compared to 2023.
Firestarter program goes national with funding from BDC Thrive Lab
Following Atlantic Canada pilot, program supporting women-led startups will host first cohort in early 2025.
BDC hopes to reverse trend of declining Canadian entrepreneurship through Community Banking initiative
BDC will back local lending partners with co-lending, indirect lending, loan guarantees, and advisory services.
Leaders from ZayZoon, Verano.AI, Toast recognized at 2024 Start Alberta Tech Awards
ZayZoon named scaleup of the year, while Verano.AI scoops up One to Watch and Most Promising Founder awards.
Women VCs are now earning more at the highest levels (if they can reach them)
Fifty percent of venture firms surveyed by BDC Capital have no women senior investors.
ImaginAble Solutions founder Lianna Genovese recognized at 11th annual Muhammad Ali Humanitarian Awards
The young Canadian founder accepted the award on the same stage as Shaquille O’Neal.
Alexis Ohanian and Matt Damon can help Xatoms clean water around the world
Diana Virgovicova explains how she’s using quantum chemistry, grants, and celebrity to solve a global problem.
BC’s Centre for Innovation and Clean Energy makes $3 million available for women-led cleantech companies
New funding aims to address the underrepresentation of women founders in Canada’s cleantech ecosystem.
Québec launches $4.5-billion CAD Grand V funding initiative for sustainable innovation projects
Program offers debt and equity financing for companies looking to increase productivity and green-ify operations.
Planetary Technologies secures $15.8-million CAD Series A to alkalize the oceans and fight climate change
Startup’s platform claims to to enhance the ocean’s ability to remove carbon dioxide from the atmosphere.
Fable raises $25-million USD Series B round from Five Elms Capital to tackle accessibility in AI
Disruption Ventures gives up board seat to Five Elms after exiting its Fable position.
Flora Fertility closes $1.5 million CAD to bring individual fertility insurance across North America
Insurtech startup led by repeat founders plans to launch in the US next year, with Canada to follow.
NACO launches fellowship program with national innovation orgs
Government-backed initiative to match founders with leaders at Interac, Loblaw Digital, National Bank, and more.