Flora Fertility closes $1.5 million CAD to bring individual fertility insurance across North America
Insurtech startup led by repeat founders plans to launch in the US next year, with Canada to follow.
Prairies
Orpyx closes $26.9 million CAD in growth capital to fuel US expansion
Startup has focused on US commercial traction of its shoe-based sensor tech for people with diabetes.
Ayrton Energy raises $9.1 million CAD in bid to expand clean hydrogen solution in the US
Round was co-led by Clean Energy Ventures and BDC Capital.
Saskatchewan tech sector employment doubled over four-year period: report
Province says it’s on track to triple the number of tech workers by 2030.
Benevity appoints MeridianLink president Christopher Maloof as CEO Kelly Schmitt steps down
The charitable donation software platform sought Maloof’s experience in strategic acquisitions and IPO.
Andgo Systems, Conexus among recipients of Saskatchewan-focused PrairiesCan funding
Economic development agency dispenses $6.3 million across nine startups and ecosystem programs.
CruxOCM closes $23.3-million CAD Series A led by Microsoft’s venture fund
Investment empowers CruxOCM to bring co-pilot to more energy sector control rooms.
CAAIN seeks automation, “data-driven” AgTech projects for $6-million challenge
Interested parties must submit a project application form by Aug. 9.
Intuit closes Edmonton office as company-wide layoffs impact 10 percent of employees
Some roles are being consolidated to its Toronto office to “better align” resources, company says.
Federal government invests in seven hydrogen-focused cleantech projects in Alberta
Aurora Hydrogen, Quantiam Technologies, Innova Hydrogen receive a collective $5 million.
Tall Grass Ventures closes $32-million VC fund for early-stage Canadian AgTech startups
TGV sees room to be “translators” and connect other investors to the AgTech sector.
Led by former Solium CEO, CreditApp secures $2.7 million to commercialize auto lending software
Inovia-backed CreditApp aims to bring innovation to the auto-lending market.
Zero Point Cryogenics secures $2.67 million to help cool quantum computers
The non-dilutive funding came from PrairiesCan and the City of Edmonton’s Edge Fund.
Toronto, Vancouver slip in Startup Genome’s 2024 rankings as Montréal, Calgary, Ottawa rise
Smaller Canadian cities make strides in 2024 as larger ecosystems lose some of their lustre.
Four women-led startups receive a combined $135,000 at Uniting the Prairies 2024
A few non-Prairies companies were recognized at the Elevate Women+ finale at Uniting the Prairie.