UniUni raises $85 million USD as it scales gig-powered delivery across North America
Beijing-based PE firm leads $30-million equity round, with RBC providing $55-million credit facility.
Funding
CVCA and NACO offer competing visions for feds’ $750-million venture envelope
NACO points to early-stage gaps, while CVCA wants capital committed to growth.
Ottawa puts $8.5 million behind 40 Atlantic Canadian AI projects
Evan Solomon announces support for Université de Moncton, Volta Labs, Digital Nova Scotia, and others.
NationGraph raises $18 million USD to bring AI to the black box of government contracting
Canadian co-founded startup is building AI intel platform for teams selling to governments.
Ottawa makes first RDII investments in Ontario with $15 million for CDL Defence and Wolf Advanced Technology
Money will support CDL’s defence accelerator and Wolf’s high-performance computing systems.
JetScaleAI secures $5.4 million to keep cloud costs and climate impact down
Former Dataperformers leaders aim to help companies optimize their cloud infrastructure.
Québec government invests $36 million to sustain Mila’s AI research
Funding comes through Québec’s five-year innovation strategy.
How Stay22 went from pandemic freefall to one of Montréal tech’s biggest growth stories
After losing 90 percent of its revenue in 2020, travel tech startup secures $122-million USD investment.
NordSpace launches venture arm with strategic investment in Wyvern
Edmonton satellite company says the investment will advance its next-generation Rosette satellites.
Private equity firm Novacap closes seventh and largest tech fund
The nearly $3.8-billion USD fund continues “disciplined” tech buyout strategy.
As vacancies rise, Padder aims to insure rent payments for tenants who may not fit the traditional mould
Former Zensurance employee looks to bring “guarantor-as-a-service” offering to Ontario.
Alberta-made robots are helping keep this Vancouver shipyard safe
Confined Space Robotics partners with Seaspan Shipyards to make working in tight spaces less dangerous.
A16z speedrun alum General Magic secures $7.2 million USD to make calling your insurance company less of a slog
Toronto startup’s AI agents communicate with customers through text message.
Mecademic secures $21 million to bring its tiny industrial robots to the world
Funding will help expand Montréal headquarters and ramp up hiring in US, Europe, and Asia.
Feds announce $6.5-million investment in Alberta defence manufacturing
Zero Point Cryogenics and Logican Technologies earn PrairiesCan investments to shore up defence supply chains.