Following a record-setting first quarter, Québec venture funding eased up in Q2 2022
VCs are treading water as market tides change.
Canadian Startup News
TransPod unveils “ultra-high-speed” FluxJet vehicle as it begins construction on proposed Alberta track
TransPod aims to offer transportation between Edmonton and Calgary that’s “faster than a jet and three times as fast as…
The bottom fell out of Canadian FinTech funding in Q2 2022
Q2 2022 saw a dramatic 70 percent drop in FinTech funding YoY.
Real estate auction platform Unreserved files $25 million lawsuit against real estate associations
Startup claims defamation and interference in Unreserved’s economic interests.
Federal, BC governments invest in new agtech innovation centre at Simon Fraser University
The centre is expected to create 200 jobs and train over 700 workers.
Oncoustics secures $5.5 million CAD to help spot liver disease using AI
Startup aims to “decrease or eliminate” need for high-end imaging, painful biopsies.
As Canadian venture funding lost steam in Q2 2022, Alberta tech continued to shine
With $268 million raised, Alberta set a new quarterly record for venture funding.
BDC partners with e-learning platform Future Capital to train 150 women for angel investing
Future Capital wants to diversify investors at the angel, LP, and syndicate level.
BMO to acquire carbon offsets developer Radicle
Radicle’s software measures and aggregates greenhouse gas emissions.
BC tech funding returned to pre-bull market levels in Q2 2022
BC’s Web3 startups showed promise in the second quarter.
Lightspeed expands systems integration with OpenTable
Lightspeed gives OpenTable a seat in its growing reservation platform network.
Borrowell launches credit building program for renters
The program allows users to self-report rental payments.
With only four deals closed, Q2 2022 was Waterloo Region’s least active funding quarter in three years
Only another Faire megadeal rescued Waterloo Region from its lowest investment quarter in a year.
Shopify launches YouTube Shopping integration in latest social commerce push
New Shopify partnership lets customers press play and pay on YouTube.
Intelligent City puts scaffolding in place to scale sustainable building solution
Intelligent City has secured $22 million CAD from investors like BDC.