Direct-C closes $3.9 million Series A from Henkel and GreenSky to scale oil leak detection tech
University of Calgary spinout sees applications for its tech beyond oil and gas.
Canadian Startup News
Brüush Oral Care closes Nasdaq IPO with $15.5 million
Brüush missed its initial IPO target by $1.75 million.
NotaryPro secures $646,415 CAD to tap into growing market for digital signatures
CEO claims the pandemic became a major catalyst for NotaryPro’s growth.
How startups can survive a market downturn
Prepare for the worst, know your metrics, and make sure you hit “OK.”
Venture investment returning to pre-pandemic levels, shows Q2 2022 CVCA report
Institutional investors stay the course while family offices, high-net-worth individuals tread lightly.
Metafold 3D secures $500,000 from Active Impact Investments to build 3D printing’s “missing piece”
Idea behind Metafold was spun out of co-founders’ consulting work with a major sportswear manufacturer.
Moozoom raises $5 million to improve youth mental health with socio-emotional learning videos
Amplify Capital, Telus Pollinator-backed Moozoom eyes US expansion.
Attractions management software startup Connect&Go closes Series A round with $6.2 million top-up
Connect&Go has worked The Super Bowl, Vancouver Olympics, Comic Con.
Federal government invests $11.2 million into 29 companies in television, publishing, video game industries
The financing comes amid debates over Bill C-11, which aims to regulate online content such as streaming platforms, social…
WellnessLiving secures $66 million USD to scale operations management software for wellness centres
The Thornhill startup serves over 5,000 yoga studios, dance studios, and other wellness centres.
Bank of Canada’s Ron Morrow: FinTechs “need to be ready” for upcoming retail payments regulations
Morrow expects the Bank will begin registering payments service providers in 2024.
AlayaCare lays off 14 percent of employees, slows M&A plans
AlayaCare’s CEO said startup’s revenue growth has not followed its “aggressive investment.”
Former BDC investors Meryeme Lahmami, Siddartha Krishnan join Pender Ventures, Blue Vision
Two investors from BDC Capital have left the Crown corporation to join Canadian venture capital firms.
Shopify launches ‘Collabs’ to directly connect creators with merchants
The program lets creators monetize and give merchants a new sales channel.
Medical imaging startup MolecuLight secures funding from BDC Capital, iGan Ventures for global expansion
MolecuLight has received at least three clearances from the FDA for its imaging device.