Glen Ventures lands $5 million CAD from IQ fund to back early-stage healthtech startups
VC firm to raise dedicated fund in new year separate from government mandate.
Montréal
Deep Sky secures $40-million USD grant from Gates-founded Breakthrough Energy Catalyst
Carbon-capture startup selected Innisfail, Alberta as the site for its first-ever facility in August.
Jolt Capital moves newly acquired French semiconductor carveout to Québec
Dolphin Semiconductor establishes Montréal headquarters with $40-million CAD investment.
Flare raises $42.5-million CAD Series B to go global with cyber threat detection tech
Threat exposure management startup aims to head off credential theft with AI tools.
Early-stage startups grapple with fallout after Québec-funded investment program suspended
Montréal founders say their rounds fell apart after Impulsion PME’s “safety net” for investors disappeared.
KisoJi raises $57-million CAD Series B to advance antibody cancer therapy
Montréal-based biotech company using AI to boost antibody identification platform.
Sheertex maker SRTX gets $35 million CAD backing from IQ to grow manufacturing operations in Québec
STRX looking to close $70-million CAD convertible note financing round before end of year.
Lightspeed lays off 200 employees in second restructuring of the year
Online brokerage firm Questrade also reportedly laid off an undisclosed number of employees in recent days.
Montréal tech marks year’s successes and struggles at sixth Startup Community Awards
Startups honoured included item-sharing app Partage Club and fundraising platform Zeffy.
Hopper restructures again following renewal of Expedia partnership
Hopper reportedly cut 10 percent of staff just over a year after its last restructuring.
Nurau raises $1.5 million CAD in seed funding to take AI-powered HR coach to the US
Montréal-based startup claims its conversational AI platform can reduce HR complaints. What are the risks?
DémultiplIA will connect AI startups with academic research (for a price)
Participation in the Québec-backed program will cost startups $105,000 over three years.
Trolley secures $32-million CAD Series B to expand payout platform’s global reach
Growth equity financing for Montréal-based FinTech startup backed entirely by American investors.
Founders of Propel Holdings, Plusgrade, and Redbrick among 2024 EY Entrepreneur of the Year regional winners
Regional winners will compete for national title to represent Canada globally in Monaco.
Québec’s early-stage ecosystem eyes American investment amid fundraising woes
“Living dead” companies last too long in the Canadian ecosystem, said CDPQ’s Tom Birch.