Midjourney competitor Ideogram closes $80-million USD Series A as it launches latest text-to-image model
The fundraise comes just six months after its $22.3-million seed round.
Ontario
QueerTech acquires accelerator Gradient Spaces to support more 2SLGBTQ+ tech workers
According to QueerTech, less than one percent of venture capital deals go to Queer entrepreneurs.
Four Canadian companies selected to Comcast SportsTech Accelerator
Canada lead the pack with the highest number of companies in the global cohort.
Medical sharing platform Figure 1 acquired by Physician’s Weekly
Figure 1 has developed a platform for clinicians to discuss and share medical knowledge.
Helius raises $12.8 million CAD to help devs build blockchain apps on Solana
The Web3 startup was founded by former Coinbase and AWS software engineers.
As Techstars makes changes, the future of its Toronto accelerator is uncertain
Techstars Toronto has paused applications with leader Sunil Sharma transitioning away.
Helika closes $10.8-million CAD Series A for Web3 gaming analytics platform
Following success in North America and Europe, Helika wants to expand to the Asia-Pacific market.
Ontario companies receiving $17.2 million in federal funding to commercialize quantum solutions
Xanadu, High Q, ProteinQure among companies receiving funding.
Golden Ventures closes nearly $140 million CAD for fifth seed-stage VC fund
Despite a tough market, Golden remains “long Canada” with strong support from existing LPs.
Y Combinator and Yoshua Bengio-backed Armilla AI secures $6 million CAD in new funding
Armilla says its AI model warranty could have covered Air Canada’s chatbot snafu.
1Password acquires Boston-based device security platform Kolide
Following the deal, CEO Jeff Shiner said 1Password expects to add 250 new positions in 2024.
Round13 Digital Asset Fund claims over 40 percent gains despite tough crypto market
Toronto fund says mix of digital assets, crypto VC has fuelled strong early returns.
Think Research to be acquired by lender Beedie Capital
The deal offers “the best available path forward” for the healthtech firm.
Maple VC co-leads $4-million USD seed round for Canadian-led Inference.ai
Palo Alto-based startup is the latest to receive investment from Maple VC.
York Region commits $1 million to support international, women entrepreneurs
Project JumpSTART aims to create a soft landing for tech entrepreneurs in the York Region.