Mara Renewables raises $39.5 million to expand algae-based offerings
Mara wants to promote use of Omega-3 from under the sea.
Funding
Able Innovations announces $7.5 million to take the pain out of patient transfer
Amid staffing shortages, Able aims to enable healthcare workers to “do more with less.”
Memorial University to launch two innovation initiatives with support from feds, provincial government, IBM Canada
IBM’s contribution includes hardware, software, staffing.
Doctor-founded Cherry Health closes $1.23 million to expand job-matching platform for physicians
Well Ventures, physician-backed Cherry Health aims to build “digital home for doctors.”
Dependbuild, Easy Platter, PragmaClin Research win collective $75,000 from Volta pitch contest
The three startups represent Volta’a 10th cohort for its mentorship program.
Worximity secures $14 million for smart factory analytics tech
Worximity part of the push towards the ‘Fourth Industrial Revolution.’
WeCook raises $40 million to fuel expansion of “ready-to-eat” meal service
Financing from Claridge fund focused on supporting Québec food processing firms.
Led by former Shopify executive, on-demand delivery service Trexity raises $5 million for Canadian expansion
Trexity helped pioneer a subscription delivery service for Kettleman’s Bagel.
Canadian human resources startup Humi secures $31 million Series B
HR execs from ADP and Gusto invested in Humi.
Gig economy banking app Moves raises $5 million in OMERS-led seed round
Moves wants to make the gig economy work for its workers.
Flying Fish Partners appoints Tiffany Linke-Boyko as principal for Canada, secures $7.5 million from AEC
“Given what we uncovered, it made sense to base our Canadian operations in Alberta.”
LimaCharlie closes $7 million CAD to allow companies to manage, develop cybersecurity strategies
Google, CSE alum-led startup sells “security-infrastructure-as-a-service.”
Haloo raises $2.9 million CAD to offer IP verification tech as solution for NFT theft, fraud
Haloo sees a rise in NFT-related applications for trademarks.
Pressto secures $1.5 million in pre-seed round to foster healthy relationship between students and media
Pressto’s platform aims to make it easy for kids to make zines of their own.
PLATO secures additional $2 million from Raven Indigenous Capital Partners
PLATO wants to build a network of 1,000 Indigenous software testers across Canada.