Construction software firm Vitruvi to be acquired by US-based Bow River Capital
Calgary-based Vitruvi’s team and leadership to stay on as part of deal.
YC-backed Reworkd secures $1.65 million CAD to build AI agents for business tasks
Founded by a trio of Vancouverites, Reworkd has nabbed funding from Panache.
Metafold 3D closes $2.35 million CAD to fuel industrial adoption of 3D printing
Toronto startup has interest from sportswear and biopharma clients for its 3D printing tech.
Active Impact, Breakthrough-backed Othersphere secures $3 million to strategically locate climate tech projects
Victoria-based startup aims to drive industrial decarbonization with data analysis.
Dapper Labs makes third round of layoffs since November as crypto winter continues
NBA Top Shot creator lays off 51 people amid NFT market struggles.
WaitWell closes $1.5 million to bring its queue management tech to new markets
After establishing itself in higher education, WaitWell eyes private health care.
After buying Cyclica and Valence, Recursion secures $50 million USD from Nvidia for AI drug discovery
The US biotech firm opened a new Canadian HQ in Toronto last month.
Ditch Labs secures $3.25 million to treat nicotine addiction with tech
Montréal startup set its sights on a massive public health issue.
BDC shares more detail on $100-million Thrive Lab, including $35-million co-investment commitment
Initial phase will focus on early-stage, women-led businesses with social impact.
WonderFi, Coinsquare, CoinSmart merge as landmark Canadian crypto deal closes
The merger comes during a challenging time for the crypto industry.
Sampler acquires AdMass’s tech, founders to add AI, user-generated content to its product sampling platform
The deal marks Sampler’s second acquisition in four months.
Tiptap and Omnirobotic pursue restructuring after startups fail to raise additional funding
As VC financing has dried up, a growing number of Canadian tech firms are running out of cash.
Shakudo closes $9.5-million CAD Series A to help companies adopt generative AI
GreatPoint-backed Shakudo is led by AI experts from Georgian, Borealis AI, and BMO.
GeologicAI closes $30-million USD Series A to develop AI-powered robot geologists
Bill Gates-founded Breakthrough Energy Ventures has bet on GeologicAI’s bots.
TIMIA Capital and Arena Investors aim to fill SVB lending gap with new $100-million USD venture
TIMIA looks to double loan book as cooling VC market creates “significant opportunity.”