NACO and Angel Investors Ontario promised $5.4 million from FedDev
The financing is meant to help 800 businesses and 170 partnerships provincially.
Funding
Together lands $6.2 million CAD to pair mentors and mentees in companies
The Y Combinator graduate caters to Airbnb, Discovery Channel.
Ryan Holmes, Manny Padda-led LOI Venture secures more than one-third of $20 million target in first close
Newly announced LPs include Dapper Labs and Clearco founders.
Boosted.ai raises $43.7 million CAD to scale AI platform for investment managers
Boosted.ai claims $57.4 million CAD in total funding to date.
Provision Analytics raises $6 million CAD to improve food safety with its SaaS platform
Provision supplies digital record keeping, insights for food safety
Conduit’s ‘Stripe for DeFi’ approach bags startup $21.2 million CAD round led by Portage
Conduit wants to make DeFi “invisible” via its APIs.
Unreserved closes $33 million seed round to build property auction platform
E Inc founder aims to apply car auction model to homes.
Ecopia lands $3.39 million federal government contract for broadband mapping
Ecopia will use AI to identify locations for broadband internet in rural Canada.
Federal government calls for new proposals under the Women Entrepreneurship Ecosystem Fund
Government making $25 million available to aid underserved women entrepreneurs.
Future Fertility secures $7.6 million CAD for AI-powered in vitro fertilization
The Toronto company is part of a growing wave of fertility-focused tech startups.
Assent Compliance Canada’s newest unicorn after $446.5 million CAD raise
Funds will go toward European expansion, more staff.
TrojAI secures $3 million in seed funding to protect AI solutions against security threats
TrojAI maintains cyber attacks on self-automated cars could pose a public danger.
Headversity raises $12.5 million CAD to scale workplace mental health solution
The startup plans to use its Series A capital to expand into the US.
League enters 2022 as Canada’s newest unicorn with TDM Growth Partners-led round
League will watch the ball drop with a billion-dollar valuation.
CDPQ invests $100 million CAD in AppDirect channel partner program
Through AppDirect Capital, the startup aims to help tech advisors using its platform grow.