Mercator AI raises $1 million CAD to fuel North American expansion
Startup uses AI to generate early leads on construction projects for general contractors.
Funding
Alberta Innovates launches $10 million agri-food, bioindustrial funding program
Applications are open to SMEs that show a clear value proposition for Alberta.
Government of Canada invests $506 million into AI, computer science research
University of Calgary, University of Victoria, Memorial University to secure research funding.
Vision Greens raises $7 million CAD for NASA vertical farming tech
The Welland farm wants to take a bite out of the $19 billion global vertical farming market.
Beehivr secures $1 million from Investissement Québec to launch digital sales room solution
Beehivr aims to help more businesses maintain lasting relationships with clients.
Parallelz raises $3 million to challenge how app stores deliver, distribute apps
“Soon, sharing a mobile app will be as easy as sharing a meme.”
Sagard hits $400 million CAD goal for private equity fund
Firm plans to continue raising capital for the fund.
Ataccama secures $150 million from Bain Capital’s Tech Opportunities Fund
The Toronto data management startup cuts ties with bootstrapping.
Autozen secures $5.1 million to expand car marketplace in Canada, US
Autozen has secured over $5.1 million in what it described as an oversubscribed seed round.
Impro.AI secures $2.25 million CAD to improve its AI-augmented corporate coaching solution
The Vancouver startup plans to add corporate mentoring next.
Autodesk alums close $5.3 million CAD to automate building design with Augmenta
Construction, real estate players have bought into Augmenta’s vision.
Potloc raises $35 million to expand social media sampling tech across North America, Europe
The consumer research startup claims to have surveyed 36 million people globally.
Areto Labs secures $1 million to address online abuse with machine learning
Areto Labs aims to help sports teams protect star athletes from social media trolls.
Immigration expert-led Immigrate aims to help Canadian firms bring the talent they need to Canada
Immigrate claims to have processed over 1,800 applications to date.
Federal government-backed Indigenous Growth Fund secures $3 million from Jack Dorsey’s Block Inc
“We know this investment will spark and inspire other companies to also contribute to economic reconciliation.”