Fluid Biomed closes $27-million USD Series A to fund expanded human clinical studies
University of Calgary neurosurgeons aim to deliver a better brain stent.
Prairies
Absorb to acquire Together in bid to bring mentorship to its learning software
Calgary firm to absorb Together to provide more “comprehensive learning solution.”
Alberta Enterprise Corporation launches Accelerate Fund IV with $15 million to back early-stage tech startups
First close from AEC brings Fund IV more than halfway to its $25-million target.
Benevity reports over $140 million donated through its platform this Giving Tuesday
Calgary company sees dip in total donations, but rise in volunteering compared to 2023.
Leaders from ZayZoon, Verano.AI, Toast recognized at 2024 Start Alberta Tech Awards
ZayZoon named scaleup of the year, while Verano.AI scoops up One to Watch and Most Promising Founder awards.
Power marks up value of stake in Wealthsimple beyond 2021 peak
Hike to $2.2 billion reflects rise in public markets, Wealthsimple’s performance, and an upcoming secondary deal.
Manitoba launches new innovation and technology department amid cabinet refresh
Mike Moroz will head the division supporting the province’s tech industry and modernizing public services.
Clio boosted Canadian VC investment in Q3 2024, but early-stage funding reaches “worrisome” low
Late-stage funding also faltered, accounting for a record low 21 percent of total investment dollars in Canada.
Neo Financial’s $360-million Series D features big names, unanswered questions
Shopify, Slack, PointClickCare, Roblox founders back FinTech scaleup in down round led by unnamed Chinese investor.
Aron Levitz named co-president of Wattpad as #CDNtech executive turnover continues through the fall
Geordie Rose leaves CEO role at Sanctuary AI, becoming the second co-founder to depart this year.
Neo Financial snags top spot on Deloitte’s 2024 Technology Fast 50
This year’s winners achieved an average three-year revenue growth of 3,559 percent.
Balance becomes Canada’s second qualified digital asset custodian
As a “proper local alternative,” Balance aims to bring crypto assets stored in US back home.
PacifiCan and PrairiesCan commit $17.7 million to companies in Western Canada
BC and Alberta companies to receive funding include WaitWell, Avanti, and Ideon Technologies.
atVenu secures $130 million USD to fuel expansion into new live events markets
Sole investor Sixth Street Growth also participated in Clio’s $1.24-billion CAD Series F round earlier this year.
Rivercity Innovations freshens up with $2 million CAD to further expand cold chain monitoring around the world
Round marks first major investment by StepChange, a growth capital firm targeting Western Canada.