Opportunity Calgary Investment Fund receives $60 million to scale local businesses
Four-year initiative aims to scale local companies and attract talent.
Prairies
Veerum raises $12-million Series B to create “digital twins” for heavy industry
The startup helps oil, energy, and construction companies visualize their operations.
Latest Google for Startups Accelerator cohort makes AI de facto entry requirement
Montréal-based companies lead the pack of B2B SaaS startups selected for 10-week program.
Long-life startup NiaHealth exits stealth with $2.5 million in pre-seed funding
Edmonton-based healthtech startup aims to reduce disease through preventative health testing.
BMO launches a workplace savings platform with FinTech startup Link
Calgary startup’s product aims to modernize company-run plans amid wobbly stock market.
New early-stage VC fund Trillick Ventures aims to bring funding to “underrepresented” Manitoba
Trillick has closed nearly a third of its $15-million target and made three investments.
UK-based Osney Capital eyes Canadian cybersecurity startups with 50-million-pound first fund
Osney wants to help Canadian startups expand to Europe and bring UK startups here.
Movement51 appoints former DMZ leader Emily Smiley as executive director
The51 sister org aims to help woman-identifying and gender-diverse people build their financial confidence.
Nanoprecise closes Series C to predict industrial equipment failures with AI
Edmonton startup nabs $36 million USD to bring its tech to Southeast Asia, Latin America, Africa.
Taiv acquihires fellow Canadian adtech startup Local Reach to aid expansion plans
Winnipeg company plans to hire more than 30 people in Manitoba.
Former Klue sales reps secure $500,000 to make cold calling easier with Quack
Quack claims reduced wait times for sales folks tired of prospects ducking their calls.
Xatoms and Knead take home top prizes amid strong Canadian showing at SXSW pitch competition
Canada was represented in five of the more than 70 companies pitching.
Winnipeg tech hubs merge to revitalize Manitoba’s startup ecosystem
New organization Manitoba Innovates to offer funding program for early-stage startups.
New Turing Award winner Richard Sutton calls doomers “out of line,” talks path to human-like AI
Sutton joins Canadian peers Yoshua Bengio and Geoffrey Hinton in winning “Nobel Prize of computing.”
Promise Robotics opens second factory to help increase Canadian housing supply
Calgary plant for home builder robots expected to start production this summer.