Composer secures $6 million USD to help retail investors adopt sophisticated trading strategies
Despite market downturn, Composer has seen trading volume, AUM grow.
Funding
The Rounds closes $5.1 million CAD Series A from US VC firm Panoramic Ventures
The Halifax healthtech startup provides an online collaborative network for healthcare professionals.
Indigenous venture firm Raven Capital eyes US market as it secures $46 million for second fund
Fund II LPs include BDC Capital, Telus Pollinator Fund for Good, Vancity, Bank of America.
Protein Industries Canada secures $30 million from Pan-Canadian AI Strategy, launches AI-focused co-investment program
Applications for the new program are open until October 26.
Insurtech ProNavigator secures $10 million to power US expansion
ProNavigator calls itself the “Google Search for Insurance.”
Ideon Technologies raises $21 million CAD Series A to fuel transition to low-impact mining and EVs
Ideon’s platform enables mining companies to “drill less and discover more.”
Idealist Capital secures $250 million initial close for new climate impact fund
The fund is led by Québec business leaders with ties to Power Corp and Bombardier.
GrowerIQ closes $3 million seed round to help cannabis producers stay compliant
Cannabis ERP platform sees room to help growers meet “high” regulatory burden.
Bright secures $1.45 million from Atlantic Canadian investors to bolster its “wellness-at-work” platform
Bright was initially named Cribcut and provided at-office haircuts and beauty services.
With $20 million, Goldsky aims to make blockchain data easy to use
Plaid founders Zach Perret and William Hockey invested in Goldsky.
Network software startup Kaloom secures $27.4 million CAD from Québec government, Alternative Capital Group
Kaloom plans to expand in Japan, recently registering its business in the country.
Panache closes $100 million for second fund as firm doubles down on seed-stage startups
Early-stage firm says there’s a “good possibility” Fund II will grow.
Led by ex-Vidyard employees, HyperComply wants to get rid of security questionnaires
After closing $6.4 million USD in January, HyperComply launched a product to automate due diligence.
Information VP, National Bank invest in US FinTech FX HedgePool’s $8 million Series A round
FX HedgePool secures support from a pair of Canadian VCs.
Canadian-founded healthtech startup Power emerges from stealth with $7 million
Power wants to bring the process of discovering and accessing clinical trials into the future.