Promise Robotics opens second factory to help increase Canadian housing supply
Calgary plant for home builder robots expected to start production this summer.
Prairies
FinTech startup Reach sells majority stake to US-based Primus Capital
Calgary company looks to expand global reach and help clients navigate tariffs with new PE owner.
PrairiesCan doles out $6.7 million to help four Edmonton companies scale and expand into new markets
Levven Electronics, Care Group, Demir Engineering, and Grengine to benefit from latest federal funding.
RetinaLogik ready to execute on vision with $1.1-million financing, Health Canada Class II approval
Portable eye care device startup sets sights on North American expansion.
Emmertech leads Rayhawk seed round to automate dangerous rail car loading work
Rayhawk’s proprietary technology automates opening, inspecting, closing, and sealing railcars lids.
OneVest closes $29-million CAD Series B led by Salesforce Ventures to fuel US expansion
FinTech startup aims to hire 100 employees over the next year.
Conexus Venture Capital makes first Fund II investment into parking software startup Offstreet
Regina-based company closes $2.4-million second seed round amid tough provincial fundraising environment.
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.
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.