Founders of Sysomos, Aislelabs find traction bringing their AI research to AEC
Workorb secures $2.6 million CAD to advance AI in architecture, engineering, construction sectors.
SaaS
Shopify alums secure $7-million CAD seed round for AI mobile commerce platform Reactiv
Despite commitment to build in Canada, Reactiv chose more “ambitious” US-based investors.
Mave reveals $2 million CAD in pre-seed funding following beta launch of real estate AI assistant
Startup wants to reduce the hours agents and brokers spend on administrative tasks.
Founders of Propel Holdings, Plusgrade, and Redbrick among 2024 EY Entrepreneur of the Year regional winners
Regional winners will compete for national title to represent Canada globally in Monaco.
Canadian-founded, YC-backed Revyl closes $1.5 million CAD to help companies catch bugs with AI
Uber experiment leads to bug-solving spinout built to replicate end-user testing.
Spark Real Estate acquires Juniper Homeowner Care to expand home developer CRM offering
Spark president: “When enough people tell you to combine the two companies, it’s time to start listening.”
Thomson Reuters acquires American portfolio company Materia AI
Materia emerged from stealth earlier this year with Thomson Reuters’ backing.
Phaseshift Technologies raises $4.1 million CAD to fuse material discovery with AI
Startup to commercialize advanced engineering materials for aerospace, automotive, and energy sectors.
Top Down Ventures completes $10-million USD first close of new venture fund for managed service providers
Leaders from ScalePad, Fully Managed aim to raise a total of $25 million USD in 2025.
Free Agent is building a LinkedIn-style career marketplace for athletes
Startup founded by Team Canada’s Kirsten Toth wants to support athletes in their post-sport careers.
Family office software MyFO secures $3.5 million USD seed round led by Rhino Ventures
Capital will be used to scale operations, improve product offerings, and expand its team.
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.
Inside FreshBooks’ struggle to reach profitability
FreshBooks is on a multi-year rollercoaster ride of executive turnover, staff reductions, and office shutdowns.
New funding for Kepler and Wyvern headline busy month in Canadian space tech
Wyvern and Kepler secure funding, Mission Control inks big partnership, and Volta Space preps for launch.
Fable raises $25-million USD Series B round from Five Elms Capital to tackle accessibility in AI
Disruption Ventures gives up board seat to Five Elms after exiting its Fable position.