Virtual Gurus closes $8.4 million amid US-driven demand for diversity-focused virtual assistants
CEO Bobbie Racette one of the first Indigenous women in #CDNtech to close a Series A round.
Funding
Apollo Insurance Solutions secures undisclosed Series B financing from Definity
Definity Financial Corporation went public in November.
Bloom secures $1.4 million CAD, launches AI-powered platform to measure e-commerce product photo performance
Bloom’s big picture vision is to match its algorithm with generative AI.
Corl secures $20 million in USD stablecoin for its revenue-based financing model
Digital assets backed by real-world commercial agreements will offset volatility, companies claim.
American proptech startup Alfred opening Canadian HQ in Toronto
Alfred arrives with up to $75 million USD for staffing up, new acquisitions.
Phoenix Fire launches angel fund focused on women entrepreneurs
“We need to make sure that everybody has a seat at the table.”
StoreToDoor secures $1.25 million to take same-day delivery service to new markets
After spending years running his own restaurants, Scott Love wants to help other retailers deliver goods.
Online threat detection firm Echosec Systems closes $10 million credit facility from Espresso Capital
Echosec helps security teams detect web-based data for threat intelligence.
Ontario commits $25 million as Canadarm3 manufacturer MDA creates $100 million space robotics centre
MDA combines space robotics with automation and artificial intelligence.
Portage Ventures closes $788.5 million CAD for third FinTech fund
Portage claims the early stage FinTech fund is one of the largest in the world.
Bioscience startup Mikra secures $8.5 million CAD to launch its nutraceutical gel
Mikra claims its product will help boost energy and mental focus on a cellular level.
DealMaker acquires Ridge Growth Agency to bolster capital raising platform
Ridge brings DealMaker closer to becoming a “one-stop-shop” for raising capital.
Clinia closes $5 million to scale B2B health search infrastructure
Montréal startup aims to be “first point of entry for health searches.”
Federal government announces first four organizations administering Women Entrepreneurship Loan Fund
SheEO among group set to provide micro-loans to women entrepreneurs.
Led by Serena Williams’ venture fund, Calico closes $2.6 million CAD to help D2C fashion brands manage their supply chain
Calico’s founder is building the tool she wishes she had for her own D2C brands.