New funding for Kepler and Wyvern headline busy month in Canadian space tech
Wyvern and Kepler secure funding, Mission Control inks big partnership, and Volta Space preps for launch.
IoT
Rivercity Innovations freshens up with $2 million CAD to further expand cold chain monitoring around the world
Round marks first major investment by StepChange, a growth capital firm targeting Western Canada.
Pablo Srugo wanted to be “insanely rich.” It killed his startup.
Now a VC, Gymtrack’s one-time COO cautions founders against becoming their own worst hypebeast.
Disaster restoration startup Kahi looks to solve “adversarial relationship” between insurance companies and subcontractors with IoT
Spun out of a subcontracting company, Kahi raised $2.3 million CAD led by BDC Capital Seed Venture Fund.
Recon Instruments’ co-founder wants to advance autonomous driving systems with latest venture Matt3r
Hamid Abdollahi believes his startup has found the “k3y” to develop safer autonomous vehicles.
TandemLaunch secures $27-million first close of Fund IV to build more Montréal deep-tech startups
Montréal venture studio specializes in commercializing tech developed at universities.
Raven Connected intends to grow workforce by 25 percent with Series A funding led by Telus Global Ventures
Connected car startup uses machine vision to track and analyze company vehicles and drivers.
McRock Capital announces initial $111-million CAD close of third fund
McRock had previously set a $200 million target for Fund III.
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.
Netskrt Systems secures $10 million CAD in Series A financing to improve streaming speeds in “underserved” communities
Yaletown Partners and InBC Investment Corp were among investors in the content-delivery network startup.
Major Canadian retailers choose Rivercity Innovations to keep things fresh with cold chain monitoring solution
Healthy Planet, Skip Express Lane latest editions to client base spanning US, Canada, and Spain.
MarineLabs looks to bring safety to oceans following $4.5-million seed round
Startup offers hardware and software that provides real-time wind, wave, and weather data.
Yamaha Motors leads Joyride’s $7-million CAD Series A as startup sets sights on enterprises and OEMs
Joyride partnered with EV manufacturer GEM in October.
Miovision nabs Traffic Technology Services in second acquisition this year
Miovision acquired traffic data collection company CJ Hensch & Associates in January.
After Ecobee, Stuart Lombard has no regrets
Ecobee’s ex-CEO and President on building consumer hardware in Canada and what comes next.