EdTech startup Tokidos secures $1.35 million CAD for screenless gaming console
Tokidos says it has more than $115,000 in pre-orders for its September launch.
Quebec
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.
Profitable payments startup Zūm Rails closes $10.5-million Series A
Founded by Flinks, Versapay alums, Züm is looking to ramp its US expansion.
Lightspeed founder Dax Dasilva returns as interim CEO, replacing JP Chauvet
Despite recently beating its fiscal Q3 targets, Lightspeed’s shares have still fallen.
Digital transformation consulting firm Levio receives $125-million commitment from CDPQ
Financing deal expected to fuel Levio’s acquisition strategy.
Staircase Ventures bets on Sibli as VC firm reveals first four investments
Sibli uses AI to give asset managers “information advantage” when researching opportunities.
NGen investing $32.3 million into 15 advanced manufacturing projects
Tech startups CarbiCrete, 3D BioFibR, Falkbuilt among recipients.
Lightspeed exceeds fiscal Q3 revenue, profitability targets but company’s shares still slide
Growth will be Lightspeed’s “top priority” in the coming year, says CEO.
Nord Quantique claims industry first quantum error correction at qubit level
Québec startup aims to develop more scalable hardware for quantum computing.
With doubling revenue and Scotiabank partnership, Solfium is bringing solar power to Latin America
Startup wants to decarbonize supply chains with the power of the sun.
Climate tech VC Blue Vision Capital adds Vladimir Savic to support global ambitions
London, UK-based Savic previously held roles with Cibus and EBRD.
Clinia secures Series A funding, partnership with Telus Health to deploy its search tech
CEO says endorsement from Canada’s largest healthtech player gives Clinia “visa” it needs to catch big US fish.
CDPQ invests $136 million CAD into AppDirect financing program for tech advisors
Investment builds on initial $100 million AppDirect received from the pension fund in 2021.
Social Finance Fund-backed Realize Capital Partners reveals first nine investments
Recipients include Idealist, Maple Bridge, PaceZero, Raven, Relentless, and The51.
Private open banking update: TD signs with Plaid, Xero signs with Flinks
Flinks, Xero aim to help businesses tap into bank feeds as TD, Plaid aim to ease app access.