Kepler Communications raises $122.7 million CAD to launch more high-speed satellites
Kepler’s low earth to orbit satellites reportedly deliver speeds of 2.5 gigabytes per second.
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Proptech startup Operto raises $34.4 million CAD to open the door to new markets, literally
Operto eyes bringing its electronic check-in and check-out experience to more hotels.
Spark Microsystems raises $34 million to meet chip demand amid supply crunch
Spark aims to accelerate product development amid chip shortages and demand fluctuations.
NorthStar raises $47 million CAD Series C round for expected satellite launch in mid-2023
The Montréal startup provides monitoring solutions for all near-Earth orbits from space.
Shabodi closes $14 million CAD Series A to simplify 5G for developers
Shabodi aims to be to 5G what Stripe is to payment integrations.
Thoughtwire, Finaeo make staff cuts as Canadian tech continues to face economic headwinds
Both companies are staying mum on the number of employees cut.
Converge Technology secures $500 million loan to continue acquisition spree
Converge to continue acquisition strategy in North America, Europe.
US companies Avanade, Nautical Commerce, Twilio, Dealpath plot Canadian expansions
All four plan to conduct a hiring spree amid a growing number of global tech layoffs.
Worximity secures $14 million for smart factory analytics tech
Worximity part of the push towards the ‘Fourth Industrial Revolution.’
Ecobee launches new smart thermostats with built-in air quality monitoring
The new smart thermostats are Ecobee’s latest launches post- acquisition.
Alberta IoT secures $1.5 million from PrairiesCan, Alberta Innovates for accelerator programs
Alberta IoT’s funding is the latest in several government commitments to Alberta’s tech sector.
Microprinting tech firm VueReal closes $14.4 million Series B round
Economic Development Canada, BDC Capital’s Cleantech Practice invested in the round.
IntelliCulture closes $1.7 million Emmertech-led seed round to scale farm management platform
With beachhead in wineries, IntelliCulture wants cherries, apples, and tree nuts, too.
Pulse Industrial secures $3.5 million from SDTC to improve safety in industrial plants
Pulse Industrial is one of 16 companies sharing $52.3 million from SDTC.
Haivision to acquire France’s Aviwest to expand low latency video solutions
Aviwest is Haivision’s second acquisition post-IPO.