Nesto raises $80 million CAD in Series C financing
The round was led by Power company IGM Financial.
Montréal
Innovobot holds initial close of targeted $40 million fund to invest in “deep tech for good”
The fund has secured $14 million from entrepreneurs and family offices.
IBM to hire 250 in New Brunswick for new Client Innovation Centre
This week, IBM also awarded $35,000 USD to two Montréal-based startups.
Perceiv AI raises $1.5 million to better predict the progression of diseases
Startup’s platform initially focused on improving outcomes for Alzheimer’s patients.
Goloot announces $4 million to improve online advertising for D2C merchants
Backed by former Paysafe leaders, Goloot has amassed a list of customers that includes Lancôme, Keurig, and SSENSE.
Former head of marketing at Klaviyo and Dropbox joins Lightspeed as chief marketing officer
Kady Srinivasan tasked with helping drive Lightspeed’s strategic growth and innovation.
Montréal Startup Community Awards 2022 honours #MTLtech’s best and brightest
Winners include Real Ventures’ Katy Yam, Startup Montréal’s Liette Lamonde.
RailVision Analytics closes $5.5 million CAD to cut train emissions by curbing fuel consumption
Trucks choo-choo chooses RailVision following successful pilots with Via Rail, Metrolinx.
Coveo’s Louis Têtu on market cycles, mentorship, and “recipes for failure”
Avoid “yes people.” Choose to be “the dumbest person in the room.”
Eight Canadian universities land in PitchBook’s 2022 top 100 schools for founders
The University of Waterloo keeps top spot for Canadian schools.
Wiseday enters Canada’s digital mortgage space with “instant” pre-approval process
Wiseday is led by RenoRun, Hopper, Ssense, Ubisoft, Nesto alumni.
WorkJam closes $50 million USD round co-led by Inovia, Fonds FTQ
WorkJam’s platform is geared towards supporting the frontline workforce.
Teralys receives $40 million from CDPQ in re-up for seed-stage fund of funds
The seed fund of funds comes in addition to Teralys raising a new VCCI-backed fund.
Alvéole closes $8.1 million Series A to help companies meet ESG goals with beekeeping
Buzzing with fresh capital, Alvéole aims to use bees to build greener cities.
Nobul, Hopper top Deloitte Canada’s fastest growing startups lists for 2022
Annual survey of tech execs expresses concerns over access to capital, talent.