Meet the Canadian startups participating in Y Combinator’s Winter 2023 Demo Day
A total of 282 companies participated globally.
Montréal
Eli raises $5 million to make at-home hormone testing for women more accessible
“It will allow us to build a large-scale dataset of daily hormone levels for the first time in history.”
Yoshua Bengio, major tech leaders call for six-month pause on advanced AI development in open letter
Elon Musk, Steve Wozniak, and DeepMind scientists also signed the letter.
Coveo taps former Lightspeed, D2L exec Brandon Nussey to replace retiring CFO Jean Lavigueur
Incoming Coveo CFO previously led Lightspeed’s TSX, NYSE IPOs.
After a tough year, Goodfood switches up CFO, promoting VP Roslane Aouameur
Aouameur’s strategic focus will be on profitability and positive cash flow.
RenoRun files for creditor protection after failed pursuit of “Hail Mary” deals to save company from insolvency
The filing follows four attempts to raise bridge financing and multiple rounds of layoffs.
Noze receives $1 million grant from Bill & Melinda Gates Foundation to build TB- and malaria-detecting breathalyzer
The startup’s digital odour perception platform was used during the COVID-19 pandemic.
Haply Robotics secures $4.8 million CAD seed round to develop tactile tech used for surgical training, gaming
Funds will go towards fine-tuning Haply’s Inverse3 device.
Ericsson sets up new quantum research hub in Montréal
Telecom tech provider has also partnered with University of Ottawa and Sherbrooke.
Paper acquires literacy tool Readlee to help curb pandemic-fuelled literacy crisis among children
Readlee was created by Harvard researchers and masters teachers.
After losing $10,000 in crypto, Staging Labs co-founder developing solutions to protect digital assets
Staging Labs secures $1.1 million to protect crypto wallets against scams, fraud.
Spark Microsystems raises $34 million to meet chip demand amid supply crunch
Spark aims to accelerate product development amid chip shortages and demand fluctuations.
Meta’s additional staff cuts further call into question Facebook parent’s Canadian hiring plans
Meta plans to shed 10,000 employees, scale back hiring in second major round of layoffs since November.
Synctera secures National Bank funding, partnership to bring banking-as-a-service platform to Canada
Synctera helps FinTechs build and launch compliant financial products debit and lending.
Drug discovery startup Congruence Therapeutics closes $20 million CAD extension of Series A
BDC Capital’s Thrive Venture Fund joined to lead the extension.