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.
Impact
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.
“It used to be lonely being Indigenous in tech” How one tech founder’s question led to a community of hundreds
The Indigenous Tech Circle has grown to include more than 340 members across the US & Canada.
What Canada can learn from AI use in South Africa
Raesetje Sefala explains how DAIR is analyzing impacts of South African apartheid with AI.
a16z leads Scribenote’s $11-million CAD seed round to boost AI-powered writing tool for vets
AI scribe startup hopes platform can help veterinarians avoid burnout.
Ayrton Energy raises $9.1 million CAD in bid to expand clean hydrogen solution in the US
Round was co-led by Clean Energy Ventures and BDC Capital.
Pangaea Ventures closes $115-million CAD impact fund to back sustainability-focused hardtech solutions
Half of Pangaea’s fifth and largest fund has been allocated to date.
Armed with $2 million CAD, SecondShop launches B2C ‘re-commerce’ platform to change how Canadians buy
Harvest Venture Partners believes its studio’s fastest-growing venture has a first mover advantage.
Xatoms, Permalution among 10-startup RBC Women in Cleantech accelerator cohort
Program from MaRS and RBC looks to support woman-identifying or non-binary founders of Canadian cleantech startups.
NPower Canada bags $4 million to prime underrepresented youth for the tech sector
Tech training programs run by Digital, NPower, Microsoft, and CIBC will introduce upskilling in cybersecurity and AI.
QueerTech among 17 organizations selected by feds to deliver $8-million 2SLGBTQI+ Ecosystem Fund
“Who you are and whom you love shouldn’t hurt your business,” says small business minister.
Benevity appoints MeridianLink president Christopher Maloof as CEO Kelly Schmitt steps down
The charitable donation software platform sought Maloof’s experience in strategic acquisitions and IPO.
New School Foods lands big fish as IKEA joins returning investors in $8-million CAD seed extension
Startup plans to bring plant-based salmon alternative to US, Canadian markets.
Social Finance Fund-backed Boann reveals first investments in Canadian impact funds
Portfolio includes Active Impact, BKR, Cycle H2O, InvestEco, Raven, Renewal, Sandpiper, Spring, The51.